With all the rumors and worries that are surrounding Apple at the moment, it is hard to miss the real facts that are out there.

One of the most important and missed pieces of information, that has not been properly analyzed is Tim Cook's statement two weeks ago that China will soon become Apple's largest market.

So, what does this mean? As Goldman Sachs (GS) pointed out on Seeking Alpha last week, re-iterating its buy rating on AAPL and price target of $760, they added "the company's opportunity in emerging markets is far greater than what investors give it credit for. A survey of Chinese owners of an iDevice finds 9 out of 10 at least "likely" to stick with an Apple product for their next purchase."

Let's put China's growth for Apple into perspective. First, heading back some 15 months, Cook said in the October 2011 earnings call: