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

Page 2 of 2

“Still, White noted that 3G penetration in China remains low compared to the developed world. As such, he sees “significant growth opportunities” for mobile companies, including Apple.”

“He projects that China will have between 325 and 350 million 3G subscribers by the end of this year.”

In other words, White does not believe that things are going to slow down in China anytime in the near future. The country is a big time focal point for Tim Cook as he hopes to expand the company’s reach into the largest marketplace in the world.

If the China Mobile deal finally comes to fruition in 2013, Apple Inc. (NASDAQ:AAPL) will be in even better position.

What are your thoughts on these stats? Is Apple Inc. (NASDAQ:AAPL) going to make even bigger waves in China in 2013?

Check back here for more updates on iPhone in China Market.

DISCLOSURE: I have no positions in any stock mentioned.

For more Apple news, visit these links:

Apple Inc.’s iOS Continues to Lead Smartphone Market

Apple Inc. and Verizon, Working Well Together

Apple Inc. Awarded Content Magnification Patent

Page 2 of 2