Apple Gets Edged Out in China

It is a long-held belief that Apple (AAPL +0.00%) has nothing to fear in the Chinese market, having made about $24 billion in revenue from China in the 2012 fiscal year. But now it seems, Apple may be under attack in one of its most successful markets. In this video, Motley Fool analyst Lyons George discusses a recent report out of China that the big three names in the Chinese telecommunications industry are putting their weight -- and their marketing dollars -- behind different, lower-cost smartphone manufacturers.