Apple Gets Edged Out in China
Nov 18th 2012 1:01PM
Updated Nov 18th 2012 1:04PM
It is a long-held belief that Apple has nothing to fear in the Chinese market, having made about $24 billion in revenue from China in the 2012 fiscal year. But now it seems, Apple may be under attack in one of its most successful markets. In this video, Motley Fool analyst Lyons George discusses a recent report out of China that the big three names in the Chinese telecommunications industry are putting their weight -- and their marketing dollars -- behind different, lower-cost smartphone manufacturers.
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The article Apple Gets Edged Out in China originally appeared on Fool.com.Lyons George has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple and China Mobile. Motley Fool newsletter services recommend Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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