Apple And Brazil's Growing Smartphone Market
by Sarfaraz A. Khan
Things do not seem to be working well for Apple (AAPL) in Brazil. The country's National Institute for Industrial Property has recently rejected Apple's claim to take up the iPhone name and register it. The country is looking to become the third-biggest smartphone market in the near future while Apple is one of the biggest players there. In this article, I examine Apple's case, the growing importance of Brazil's smartphone market and discuss the company's current stock, which has recently touched its 52-week lows. read more »
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