NEW YORK ( TheStreet) -- The bulk of Apple (AAPL) analysts' criticism has centered around the iMaker's seeming unwillingness to serve secondary markets with a cheap iPhone. The argument is that Apple is losing huge market share to Samsung in markets like Russia, India and Eastern Europe. And this will eventually be Apple's undoing. I guess the premise is that market share is everything.This obviously flies in the face of everything that has made Apple the dominant force and the one true innovator. Apple has always led the market, others follow initially with cheap knock-offs, then become more mature. However, Samsung and others lag greatly in terms of total profit compared to Apple.
Are Secondary Markets Really That Important to Apple?
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts