Apple concept stocks generally fell. As of the time of writing, Tongda Group (00698) fell by 7.04% to HK$0.066; Q Tech (01478) fell by 3.64% to HK$4.23; Cowell (01415) fell by 2.4% to HK$20.35; and SMI Corporation (02382) fell by 0.34% to HK$43.35.
According to the Smart Financial News APP, Apple concept stocks generally fell. As of the time of writing, Tongda Group (00698) fell by 7.04% to HK$0.066; Q Tech (01478) fell by 3.64% to HK$4.23; Cowell (01415) fell by 2.4% to HK$20.35; and SMI Corporation (02382) fell by 0.34% to HK$43.35.
On the news side, analyst Ming-Chi Kuo of TF International Securities released a report stating that the sales of the iPhone 16 series were lower than expected. Ming-Chi Kuo stated that the first weekend pre-order sales of the iPhone 16 series were approximately 37 million units, a decrease of about 12.7% compared to the same period last year's iPhone 15 series, which is lower than Apple's expectations. Ming-Chi Kuo believes that the key reason for the lower-than-expected sales of the iPhone 16 Pro series is that Apple's major selling point, Apple Intelligence, could not go online with the launch of the iPhone 16, and the fierce competition in the Chinese market has also reduced the demand for the iPhone.
Previously, Fubon Securities released a research report stating that it still believes that Apple's artificial intelligence, Apple Intelligence, will have significant advantages over Android platform phones, but it is expected that the process of promoting applications will be evolutionary. It will take time to establish the necessary hardware support based on high-speed memory and advanced packaging, and related technology may be available in 2026, causing Apple to gradually introduce AI features. Therefore, the firm believes that the replacement cycle will accelerate over the next few years, and the market's expectations for iPhone 16 sales volume will return to normal, exerting short-term pressure on iPhone supply chain stock prices.