In this video, analyst Austin Smith spells out three things to watch with Apple (NASDAQ:AAPL). First, international growth, particularly in China, is a major opportunity. The strategy here may include a roll out of a lower-priced iPhone to broaden its appeal to everyday consumers. Second, while Apple has traditionally been a consumer-oriented company, its iPad is growing in the business market. Watch for continued penetration and possible integration of iPads with iPhones and other Apple products in the business world. Lastly, what new products will Apple roll out this year? There are lots of rumors about an iTV or iWatch; whatever comes, be looking for something new that will integrate with other Apple products and reinforce customer loyalty while widening its economic moat.