By most accounts, Apple's (NASDAQ:AAPL) recent line of updated iPhones appear to be real winners for the tech giant. And nowhere could this growing success be greater than in mainland China.
Apple has faced several headwinds that have hampered the iPhone's overall adoption in this critical market over the last several years. However, it's looking like many of those impediments are likely to fade over the next 12 months, which sets the stage for runway growth in China.
Research firm IDC agrees. It recently updated its estimates for Apple's share of the overall Chinese smartphone market, saying Apple's market share is likely to double through 2014. This sounds good, but what's causing such prodigious growth?
In this video, Fool contributor Andrew Tonner talks about these numbers and the specific factors that should help them become a reality.
Fool contributor Andrew Tonner owns shares of Apple. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple and China Mobile. 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.