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Apple Growth a Global Phenomenon

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  • Description

    Tech blogger Robert Scoble discusses how Apple has expanded overseas.

  • Duration 3:37
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The gulf apple report as you as you've been hearing for some time now apple reported truly great earnings yesterday.

But they could get even -- if a deal with China Mobile -- goes through.

Tech blog Robert Stovall joins the company for more on this.

Now Robert let me bring up this week here on apple in China you can get to the -- -- -- in China already bought.

They -- that I understand that may be a deal with China Mobile which has 600 million subscribers to take -- through this what do you.

But well and in the first three quarters this year apple made -- point eight billion dollars hurt or had eight point eight billion dollars of revenue in China.

And this will -- that number wide open and that's why were all excited to know about apple going in that China.

But it just talking about it no deal has been announced some -- this is kind of of the rumor mill speculating away under the surface it is no deal yet is that.

-- not that we know -- we're open -- it was this information come from why is that this speculation about a deal with China Mobile.

Well.

It you know because they're seeing them up in the market -- -- and China is so important apple on Apple's been investing a lot of time there I was there -- a year and a half ago visiting their supply chains there.

And the they make everything -- -- for the world.

It but this is a huge market -- -- can crack this open its gonna see the stock go up.

I've been looking at these numbers that came out late yesterday.

And they they show that apple -- 62%.

Of its profits outside.

Of the United States.

Three years ago they've made only 41% of its profits -- organizers of this is truly much more about a multinational.

Company.

Getting much more of its revenue and profits from places other than America.

Oh absolutely when I was in Paris I -- -- -- everywhere when I was in Tel Aviv recently.

I saw ipads and iphones everywhere and they don't -- have an Apple Store there yet.

This is the company that still rolling along and still have a product but a lot of people wanna own what about the new my -- is due in September.

They didn't talk about that yesterday at all.

You know everybody.

Hearing from there there supply chain rumor rumor sources.

That this is coming bad apple was very quiet about that and I think it was trying to.

You know sandbag the results a little bit so that they would have good news to talk about the next time they you know -- Unless I'm missing very Catholic to -- -- saying on listen to your tone of voice them reading between the lines.

You'll I'm not quite so gung ho for apple as you will I'm ironic -- -- -- as you know Google has come on very strong recently I'm really excited about Google's new.

Social network Google plus I've been spending a lot of time there and that's been really doing well.

I still am excited about up on still an apple fan boy have an apple TV and apple iPad -- a -- -- When their best customers but do you and its stock China is where the growth is and that's going to be you know.

It's not America anymore they've they've gotten that market cream pretty well wells sewn up it's really gonna be overseas.

That they're gonna have to execute on an open stores and last one and -- kinds of deals.

Do you -- Apple Stock.

No I do not.

One of visited who won the -- I don't have much money actually here with the all meant by Robert Scoble text blood extraordinaire thanks for joining us who are trying get some money in your pocket somehow or other you bought some stock all right good government -- it.

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