Satellite communications service provider Global Star (GlobalStar) plunged more than 20% in intraday trading on Tuesday, Apple IncThe company did not mention the previously rumored Leo satellite communications function at its autumn launch.

Guo Mingyi, an analyst at Tianfeng Securities, predicted before Apple Inc's press conference that the hardware specification of iPhone 13 could support low-orbit satellite communications.AppleBy turning on the relevant software functions, when the user is not within the coverage of 4G/5G, he or she can also make calls and transmissions through satellite communications. In terms of technology and service coverage, the Leo satellite service provider most likely to cooperate with Apple Inc is Globalstar.

AppleThe share price maintained a decline of more than 1%, and the media said the company's new product launch was not surprising.

AppleThe autumn press conference was officially held at 1: 00 a.m. Beijing time on the 15th, with the debut of iPhone 13, Apple Watch Series 7, iPad mini and other products that support 5G.