Another Buy Sign for Apple Investors
In this video, Motley Fool analyst Andrew Tonner talks about the investment opportunities for Apple through the next year.
According to Andrew, China will be the driving force for Apple's stock in the coming year. With the launch of iPhone 5 on Dec. 14, it appears that demand for the product is strong. According to analysts, many customers are delaying their purchases and waiting for the new phone. ChinaUnicom, one of three biggest telecom operators in China, received 100,000 orders for the new iPhone during the first day of its presales.
Furthermore, the iPhone 4 launched in late December 2010. Chinese carriers sold those phones with two-year contracts, so these consumers are potentially waiting to upgrade to the iPhone 5. Apple's also finally on China Mobile's network. China Mobile is the biggest telecom operator in China, with nearly 690 million subscribers. That's a lot of potential buyers.
As Andrew explains, there's a lot of opportunity in for Apple in China. However, there is a debate raging as to whether Apple remains a buy. The Motley Fool's senior technology analyst and managing bureau chief, Eric Bleeker, is prepared to fill you in on both reasons to buy and reasons to sell Apple, and what opportunities are left for the company (and your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.
The article Another Buy Sign for Apple Investors originally appeared on Fool.com.Andrew Tonner owns shares of Apple. The Motley Fool owns shares of Apple, China Mobile, and Google. Motley Fool newsletter services recommend Apple and Google. 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.
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