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Uptick in Smarthphone Market Share in China for Apple

According to the technology market research firm Counterpoint Research, Apple Inc. (NASDAQ:AAPL) has leaped to third place in China’s smarthphone market for the month of October. Apple’s smarthphone market in China increased 12 percent in October. Compare to September, the market share has increased by fourfold. Robust sales from the iPhone 5S is fueling Apple’s rise in China. Only Samsung and Lenovo out ranks Apple in market share. With the China Mobile distribution deal nearly complete, Apple’s smarthphone market share in China is bound to continue its upward trajectory.