iPhones are not a middle class item anymore, or, I've seen plenty of "low income" people with iPhones. Apple dominates the US market, and will continue to do s

iPhones are not a middle class item anymore, or, I've seen plenty of "low income" people with iPhones. Apple dominates the US market, and will continue to do so. So why bother to invest more in a market you already own? The US domestic market hasn't shrunk for iPhones. I think this is reading way too much into this. China is a new growing market largely untapped by Apple, and one that is significantly larger just due to population sizes. It's as simple as that.