Intel Corp (INTC)

[Ideal_Inv]

The data flow from these countries is not worth believing. It reflects in stock market, in economy and I am sure in consumer spending. Inflation in India is very high. Real wages are very low.

Folks who can buy apple phones are the top 5% of the population. most of them are in this country on H1 visas.

=====================

I really don't mean to offend you, but you seem to be wearing blinders when it comes to international markets.

For example, if you take car sales as an indicator, 21.15 million cars were sold in China in 2015. In comparison, roughly 17.5 million cars were sold in the US in 2015. I think folks who buy cars have sufficient buying power to buy high-end iPhones or Samsung Galaxy phones, wouldn't you agree? So there is a lot more buying power in China than you think.

Also, I'm pretty sure the US does not have anywhere close to 65 million Chinese on H1B visas (5% of 1.3 billion). Nor are the Chinese H1B folks buying all the cars sold in China...

http://www.statista.com/statistics/233743/vehicle-sales-in-china/
http://www.autonews.com/section/ussales