Investors have been in a panic over China's volatile stock market and currency devaluations. Many of the world's biggest tech companies are highly exposed to China's economy, and that's caused some people to believe that China's woes will end up becoming big problems for Apple (NASDAQ:AAPL)

But not everyone is convinced that China's speed bumps will prove problematic for the iPhone maker -- including the company's CEO, Tim Cook. Click through the following slideshow to find out what Cook told CNBC earlier this week, and why Apple's long-term prospects in China are still very good. 


Chris Neiger has no position in any stocks mentioned. The Motley Fool owns and recommends Apple. 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.