This Week – China’s One Billionth Mobile Phone User Signs Up
- Joshua M Brown
- March 1st, 2012
Why does it matter that Apple ($AAPL), with only five (FIVE!) stores in China, is getting ready to go full blast into that market? Here's why...
From The Economist:
ON MARCH 3rd, China is forecast to sign up its billionth mobile subscription, having fallen just 12m short of that milestone at the end of January.
Ponder that a moment, señor.
Sources:
All the Phones in China (The Economist)
All the phones in China
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The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More. -
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