With the smartphone market in developed regions such as the U.S. getting more saturated (U.S. smartphone sales grew y-o-y by just 9% in Q2), Apple will be looking to tap the fast-growing emerging markets such as China to grow at historical rates.
With the smartphone market in the developed regions getting more saturated (U.S. smartphone sales grew y-o-y by just 9% in Q2 2012) amid concerns that iPhone innovation has plateaued, Apple needs emerging markets such as China to drive iPhone growth in the coming years.
Despite a saturated wireless market, where Verizon has added fewer postpaid subscribers y-o-y so far this year, the carrier managed to post its best quarter in terms of postpaid net adds in four years.