Is Apple Staging a Comeback in China?

Apple  (NASDAQ: AAPL  ) reportedly slipped in rank to the No. 7 vendor in the all-important Chinese smartphone market during the second quarter. Canalys now estimates that Apple's downward trend has reversed and moved up to the No. 5 spot with a 6% market share. Apple's new iPhone 5s and iPhone 5c played a large role in that, as they were both launched at the end of the quarter. Notably, this was the first time China was included in the first batch of launch countries.

As far as other positive catalysts on the horizon, the deal with China Mobile  (NYSE: CHL  ) could be imminent, with recent leaks suggesting a launch date as early as Nov. 11. That's less than a week away and would open up a whole new world of opportunity for Apple. In addition, Apple continues to expand its retail presence and currently has only 12 Apple Stores in Greater China.

In this segment of Tech Teardown, Erin Kennedy discusses Apple's improving picture in China with Evan Niu, CFA, our tech and telecom bureau chief. 

Got iPad?
Apple's newest iPad Mini with Retina display might be hard to come by this quarter, given all the reports of supply constraints. Well, we're going to be sure to get a few -- and give them away! That's right: For the first time ever, The Motley Fool is hosting a contest where you can win a free iPad Mini with Retina display. All you have to do is tell us why you love The Motley Fool by clicking here! We'll pick the three most Foolish submissions to receive a free iPad Mini with Retina display.

See full terms and conditions by clicking here


Read/Post Comments (0) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2715930, ~/Articles/ArticleHandler.aspx, 4/24/2014 11:28:03 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement