Is China Growing Tired of Apple?

By Evan Niu, CFA, Eric Bleeker, and Chris Hill – Jul 30, 2013 at 9:00PM

NASDAQ: AAPL

Apple

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Price as of April 23, 2024, 4:00 p.m. ET

China has been one of Apple's biggest growth engines during the past three years. Are the company's poor results last quarter cause for concern?

China has been Apple's (AAPL 0.64%) hottest growth region for several years, yet the Mac maker posted a steep sequential decline in its "Greater China" segment last quarter. Macroeconomic factors have played a part, but CEO Tim Cook also acknowledged that it wasn't clear why sell-through in Hong Kong fell 23%. One challenging quarter isn't the end of Apple's growth story in China, but how concerns should investors really be?

In the following video, Fool analysts Evan Niu, CFA, and Eric Bleeker, CFA, discuss where Apple still has opportunities and challenges in the Middle Kingdom.

The relevant video segment can be found between 5:25 and 8:39.

Chris Hill has no position in any stocks mentioned. Eric Bleeker, CFA, has no position in any stocks mentioned. Fool contributor Evan Niu, CFA, owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. 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.