Apple Inc. (AAPL), China Mobile Ltd. (ADR) (CHL): The Devil’s In The Details

Page 2 of 2

That’s bad news for Apple Inc. (NASDAQ:AAPL) as growth in the high-end smartphone market is slowing and low-end growth increases. With that in mind, I think Apple missed the boat with the 5C. The phone is still a premium device that doesn’t offer any significant selling points compared to its competition. While first-time smartphone buyers surge in emerging markets, Apple seems satisfied to stick with premium smartphones and let Samsung and local vendors dominate the low-end market.

Investors should look for more details on a China Mobile Ltd. (ADR) (NYSE:CHL) deal and if Apple Inc. (NASDAQ:AAPL) can sell its older phones like the 4S on the carrier. An official deal would be a step in the right direction, but don’t expect Apple to dominate the China smartphone market without a truly inexpensive iPhone. For now, it’s business as usual at Apple.

The article Can the iPhone 5C Compete in China? Don’t Bet On It originally appeared on Fool.com.

Fool contributor Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Apple. It also owns shares of China Mobile.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Page 2 of 2