Gelonghui, September 30, 丨 Apple concept stocks continued to decline. Gaowei Electronics once again plummeted 8%, plummeted more than 20% during the week, Ruisheng Technology fell more than 6%, BYD Electronics and Shunyu fell more than 2%, and Qiutai Technology and Fuzhikang Group all declined.
Apple abandoned plans to increase iPhone production due to falling demand. Some analysts believe that the iPhone 14 is not innovative, and the difference from the previous two generations is relatively small; it's even better to buy the old iPhone 13. As a result, the iPhone 14 may have become the worst selling model in history.
Furthermore, the latest data shows that smartphone sales in the mainland China market in August were about 20.44 million units, down 7.4% month-on-month from July and 26% year-on-year, down both month-on-month and year-on-year.
