Apple Inc.'s Silent Killer: Obscure Smartphone Newcomers in China (AAPL)

China was once the most promising thing about the future of Apple Inc. ( AAPL). The second-largest economy in the world, China has 1.4 billion people and the fastest-growing middle class on the globe. One might assume that market saturation, plain and simple, is to blame for Apple's fall from grace in China.

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