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Monty
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10 months ago
in Apple Investors Market Internals Tell the Brutal Truth on Investor in the Wilderness
Sorry Zack, but again you show your vast ignorance of the world and lack of traveling experience. Argentina, with its capital Buenos Aires, for instance, is one of the hippest, most tech savvy countries I've ever visited. BA is a mix of NYC, Paris and Madrid, but with tango. In fact, they have a highly developed film industry, make commercials shown throughout Latin America, with such slick directors that they often flown to the US and Canada to make commercials for the North American markets. Likewise, many cities in Chile, Colombia and Uruguay are heavily populated, tech savvy, with booming economies. Estonia is one of the top markets in the region, with a sophisticated industrial and tech market. Hungary is also a developed EU country with low corporate taxes and a well educated populace.
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Until the carriers come out with reasonable deals, the iPhone is going to have very slow adoption in most of these emerging countries. I think Apple may solve the problem in one of two ways, perhaps both. 1) introduce an iPhone light, very low cost with a subset of features of the current iPhone. And 2) perhaps Apple will start their own telecomm network that will offer reasonable entry for those that can't afford to fork over a 10th of their yearly salary.