iPhone in China Market: China Smartphone Market Continues to Grow, Apple In Position to Benefit

Page 1 of 2

iPhone in China Market: In the past, we have discussed the importance of Apple Inc. (NASDAQ:AAPL) continuing to establish itself in the China market. Along with this, CEO Tim Cook has been spending quite a bit of time in the country. Earlier this month, for example, he visited with a reseller while also meeting with officials from China Mobile.

In 2012, the number of mobile 3G subscribers in China increased by roughly 83 percent. With an increase like this, it is easy to see why Apple Inc. (NASDAQ:AAPL) is so excited about becoming an even bigger player in this market.

Apple Inc. (AAPL), iPhone 5Apple Inc. (NASDAQ:AAPL) Press Info

Here is a brief rundown of the statistics from a recent AppleInsider piece:

“At the end of 2012, China had 233 million 3G subscribers, analyst Brian White of Topeka Capital Markets noted on Tuesday. The number of subscribers was up from 127.5 million at the end of 2011.”

As you can see, this is quite an increase year-over-year. Even though most realized that the smartphone market in China was growing by leaps and bounds, many probably didn’t understand that things were progressing quite this fast.

For an even better understanding of how quickly the market is growing, here is more statistical information from the same article:

“China gained 11.8 million 3G subscribers in the month of December in 2012 alone. 3G subscribers now represent 21 percent of China’s wireless subscribers, up from a 13.1 percent share a year prior.”

Even though these numbers appear to be large (and they are), White goes on to explain that China is still behind many other areas in terms of 3G use. This is not a bad thing, however. Here is a further explanation:

Page 1 of 2

Dividend Stock Alert - Billionaire Robbins' Top Dividend Idea With 70% Upside Potential

Get Paid 3.5% Per Year While Waiting For The Stock Appreciate 70%

Larry Robbins' Glenview Capital Opportunity Fund returned 101.7% in 2013 and Robbins personally made $750 million. The same fund returned 25.3% in 2014. In this FREE REPORT we will share Robbins' top dividend idea that yields 3.5% and has been increasing its dividends for 39 consecutive years. Robbins thinks the stock has the potential to appreciate 70%.

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!