Is This Statistic a Sufficient Catalyst for Apple Inc. (AAPL)?

The likelihood, therefore, is that while the U.S. market remains the largest and the most critical for now, dominating domestically will not remain a sufficient achievement alone to spell dominance in the smartphone wars. Even Apple itself admitted that China would become one of its most critical markets in the near term, potentially eclipsing the U.S. for overall numbers. As such, the company will break out its China stats in future releases.

A sufficient catalyst?
The bottom line is that while the reclaiming of the top U.S. sales spot is an important accomplishment, given the turmoil that has faced Apple shares lately it is not likely a sufficient catalyst to drive the stock higher. I remain bullish on the medium- and longer-term prospects for the stock, but I would not count on this statistic to lead to a meaningful Apple recovery. Shares will recover eventually, but ongoing positive news will be needed to take the stock back to previous levels.

The article Is This Statistic a Sufficient Catalyst for Apple? originally appeared on Fool.com and is written by Doug Ehrman.

Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple and Google.

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