Lenovo is primarily known as a Chinese PC company, but its smartphone sales have been exploding in China, with twice as many smartphone sales as Apple (Nasdaq: AAPL ) in Q3 of 2012. It now holds about 15% of the smartphone market share in China, well ahead of Apple's 7%, and gaining quickly on the market share leader Samsung, which has 17%. In this video, Motley Fool research analyst Lyons George discusses how this isn't just a problem for the two smartphone titans in terms of market share erosion. Lenovo is willing to sell its phones to grab market share -- even at a loss -- something that may be very damaging to the big guys' bottom line.
The's absolutely no argument that Apple is at the center of technology's largest revolution ever, and that longtime shareholders have been handsomely rewarded with over 1,000% gains. However, competition is ramping up, and there's 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 more importantly, your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.