Apple's Presence in China Is Set to Double
By most accounts, Apple's recent line of updated iPhones appear to be real winners for the tech giant. And nowhere could this growing success be greater than in mainland China.
Apple has faced several headwinds that have hampered the iPhone's overall adoption in this critical market over the last several years. However, it's looking like many of those impediments are likely to fade over the next 12 months, which sets the stage for runway growth in China.
Research firm IDC agrees. It recently updated its estimates for Apple's share of the overall Chinese smartphone market, saying Apple's market share is likely to double through 2014. This sounds good, but what's causing such prodigious growth?
In this video, Fool contributor Andrew Tonner talks about these numbers and the specific factors that should help them become a reality.
Investing in the bigger picture
Apple is gaining share in emerging markets like China, but it isn't the only company laser-focused on these billion-dollar opportunities. However, this is just a subplot in the trillion-dollar revolution currently under way in mobile. To find out which of these giants is set to rule the next decade, we've created a free report called "Who Will Win the War Between the 5 Biggest Tech Stocks?" Inside, you'll find out which companies are set to dominate, and we'll give in-the-know investors an edge. To grab a copy of this report, simply click here -- it's free!
The article Apple's Presence in China Is Set to Double originally appeared on Fool.com.Fool contributor Andrew Tonner owns shares of Apple. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple and China Mobile. 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.