Image Source: www.acus.org Apple Insider offered a look at an interesting Morgan Stanley report on the future of Apple and its Chinese operations.  The Morgan Stanley report summarized that many are underestimating Apples growth potential in the market, even going so far as to suggest that a best-case scenario would have Apple shares reaching $500 […]
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China key to Apple’s future growth, according to Morgan Stanley

Nov 2nd 2010 by

Image Source: www.acus.org

Apple Insider offered a look at an interesting Morgan Stanley report on the future of Apple and its Chinese operations.  The Morgan Stanley report summarized that many are underestimating Apples growth potential in the market, even going so far as to suggest that a best-case scenario would have Apple shares reaching $500 by next fall.

Part of the optimism is due to the urban Chinese embracing the Apple brand, with its tier one and two cities three times as likely to own a Mac and almost two times as likely to own a smartphone.

Apple clearly sees China as a viable market as well.  They plan on opening 40-50 new stores in 2011, with up to an additional 21 in China by 2012.


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