Earnings reports for smartphone/tablet related companies

[Grieve]

Yep, I read that one myself. We'll see what happens when the new models come out. I'm not sure there is any benefit to trying to compete with Chinese companies who are probably making 5% margins (if that) on these phone. Better to stick with the high end.

The middle class in China is expanding rapidly. I think, like Americans and Europeans, there will be plenty of nouveau riche in China looking to ostentatiously flaunt premium products, including iPhones.