The Hottest Smartphone Company Isn't Apple
China's mobile landscape is booming. It's a figure hard for investors to fathom, but Android and iOS devices saw 401% growth in the country over last year, researcher Flurry recently reported. However, as senior technology analyst Eric Bleeker notes, the growth rate of mighty Apple and Android itself is overshadowed by one handset maker in the market. Where American PC makers Dell and HP fall short -- mobile -- the Chinese PC company Lenovo is finding a way to prevail. Last quarter Lenovo's smartphone unit growth increased an astounding 44-fold over the previous year, and its market share leapt to 11.2%. However, as Eric says in this Fool video, Lenovo is entering a crowded space with little profits left for companies not named Apple. To hear his full thoughts, watch the video below.
If you're an Apple investor, China should be at the top of your mind. It's a market that's now Apple's second-most important, and in short time could even rival the United States. However, with the impending release of the iPhone 5 and Apple TV on the horizon, the stakes have never been higher for the company in several regards. If you're looking for a recommendation on how to play Apple along with continuing updates and guidance on the company whenever news breaks, we've created a brand-new report that details when to buy and sell Apple. To get started, just click here now.
The article The Hottest Smartphone Company Isn't Apple originally appeared on Fool.com.Eric Bleeker has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple. Motley Fool newsletter services recommend Apple and Nokia. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.