In today's video, analysts Austin Smith and Andrew Tonner discuss the amazing smartphone boom in China. With global smartphone shipments hitting 158 million devices in the second quarter and China making up 27% of those devices, the smartphone boom is just getting started. China saw a 199% increase from last year and still has a long runway ahead of it. While Apple is in 5th place for market share, both Austin and Andrew like its odds with the launch of new devices in the country.
But the China smartphone story is just one small piece of Apple's story. I invite you read about all of Apple's potential to make you rich in our brand-new report. It details when to buy and sell the world's most influential tech company, and reveals the company's most powerful growth drivers. To get started, just click here now.
Andrew Tonner owns shares of Apple. Austin Smith owns shares of Apple. The Motley Fool owns shares of Apple, China Mobile, and Google. Motley Fool newsletter services recommend Apple, China Mobile, Google, and Nokia. 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.