China iPhone Market: Could China Become Apple’s Biggest Market?

Page 2 of 2

“China is already the world’s largest market, period, so it’s not surprising that a thoroughly global brand like Apple expects  sales in a country of 1.3 billion to eclipse a country of 311 million. Apple sales in China doubled in 2010 and 2011, and the company has opened up several new retail outlets in the past year, for a total of 11. That’s still a long way off from American Apple store density, of course.”

This is a bold statement coming out of the mouth of Apple Inc. (NASDAQ:AAPL) CEO Tim Cook. There is definitely a lot of upside in China, but it is hard to say what the future holds.

Is it possible that Cook feels this way because of an imminent deal with China Mobile? Share your thoughts below.

Check back here for more updates on China iPhone Market.

DISCLOSURE: I have no positions in any stock mentioned.

Here are additional news stories from Apple:

Gene Munster Talks About Cheaper iPhone Rumors

Billionaire Leon Cooperman: Apple Has Upside Potential

Apple CEO Meets With China Mobile

Page 2 of 2