More hype than substance is a look at an emerging opportunity for Apple from TMF. The accompanying graphs are impressive, but the whole thing can be summed up in a single word:
One of the biggest criticisms for Apple stock as a long-term investment is the company’s size. With $176 billion in trailing-12-month revenue, some investors worry the company will run out of room for growth — or, even worse, run out of ways to sustain current levels of sales. While Apple bulls have a wide range or counterarguments, one of the most significant arguments lies in the long-term potential in China for smartphone growth sales.
China. More specifically, China Mobile’s exploding 4G customer base, and Apple’s prestige among China’s affluent and growing middle class.