Apple Inc. (AAPL): China Has Not Been A Gold Mine

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HFA Staff
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A common refrain from analysts in regards to HTC Corp (TPE:2498) and Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) — as well as Apple Inc. (NASDAQ:AAPL) — is that the high-end of the smartphone market is becoming saturated, Apple Inc. (NASDAQ:AAPL) isn’t seeing it. Speaking on a conference call with analysts, CEO Tim Cook dismissed the idea that the high-end smartphone market is nearing saturation. Indeed, Apple Inc. (NASDAQ:AAPL) seems to be in a bit of trouble as far as the sales and prices of its two key products (iPhone and iPad) are concerned. iPhone and iPad both played a significant role in…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.