Core Insights - Apple has fixed a zero-day vulnerability (CVE-2026-20700) that has existed since the iOS 1.0 era, affecting the core infrastructure of iOS, specifically the dynamic linker (dyld) [1][2][7] - The vulnerability allows attackers with memory write capabilities to execute arbitrary code, and it has been confirmed to have been exploited in the wild [2][8] - The dyld vulnerability is critical as it serves as a gatekeeper for all apps, and its exploitation could lead to complete control over the device [3][6] Vulnerability Details - The dyld acts as a "doorman" for the iOS system, loading necessary dynamic libraries and ensuring security isolation for apps [2][3] - Attackers can bypass security checks and gain unauthorized access, potentially leading to "zero-click" or "one-click" attacks, particularly targeting high-value individuals [3][6] - The vulnerability was discovered by Google's Threat Analysis Group and is part of a more complex attack chain involving other vulnerabilities, such as those in WebKit [2][6] Historical Context - The existence of the dyld vulnerability for over a decade raises questions about why it remained undetected until now, attributed to the stability and complexity of core system components [5][6] - Such vulnerabilities often do not appear in isolation and are typically part of a larger exploit chain, similar to techniques used by commercial surveillance firms [6] Other Security Issues - In addition to CVE-2026-20700, Apple has addressed multiple other security issues in the latest iOS and iPadOS updates, including vulnerabilities that could lead to root access and sensitive data leaks [8] - Two high-severity vulnerabilities (CVE-2025-14174 and CVE-2025-43529) were also reported, highlighting ongoing concerns about memory safety issues even in secure mobile platforms [9][10]

Meanwhile, the Financial Times reported on Friday that President Trump plans to roll back some tariffs on steel and aluminum products.Fed Governor Stephen Miran said on Thursday that the central bank’s current monetary policy stance risks undermining U.S. economic growth that is otherwise being “underwritten” by a slew of Trump administration policies, including tax cuts. “The biggest risk I think to the economy is that we’re misconstruing just how tight monetary policy is,” Miran said.The Labor Department’ ...

Core Viewpoint - BlackRock, a major asset management firm, reported a total market value of $5.92 trillion for its Q4 2025 holdings, reflecting a 3.67% increase from the previous quarter's $5.71 trillion [1][2]. Holdings Summary - The firm added 247 new stocks, increased holdings in 3,309 stocks, reduced holdings in 1,546 stocks, and completely sold out of 165 stocks during the quarter [1][2]. - The top ten holdings accounted for 30.41% of the total market value [2]. Top Holdings - Nvidia (NVDA.US) is the largest holding with approximately 1.94 billion shares valued at about $362.52 billion, representing 6.13% of the portfolio, with a 0.75% increase in shares held [3][4]. - Apple (AAPL.US) follows as the second-largest holding with around 1.16 billion shares valued at approximately $313.91 billion, making up 5.31% of the portfolio, with a 0.73% increase in shares held [3][4]. - Microsoft (MSFT.US) ranks third with about 601.90 million shares valued at approximately $291.09 billion, accounting for 4.92% of the portfolio, with a 1.70% increase in shares held [3][4]. - Amazon (AMZN.US) is fourth with approximately 734.38 million shares valued at about $169.51 billion, representing 2.87% of the portfolio, with a 1.67% increase in shares held [3][4]. - Alphabet Class A (GOOGL.US) is fifth with around 441.99 million shares valued at approximately $138.34 billion, making up 2.34% of the portfolio, with a 3.16% decrease in shares held [3][4]. Investment Strategy - BlackRock demonstrated a keen interest in emerging opportunities by establishing positions in Solstice Advanced Materials (SOLS.US) valued at approximately $838 million and Qnity Electronics (Q.US) valued at around $1.3 billion [4][5]. - The investment actions indicate a consolidation in existing tech sectors while exploring diversification into more cyclical industries such as industrials and materials [5].

Core Insights - Apple Inc has released security updates to address vulnerabilities that could expose private photos and browsing history on its devices [2] - The updates include iOS 26.3, iPadOS 26.3, and Safari 26.3, which patch various issues affecting iPhones, iPads, and Macs [3] - Some vulnerabilities could allow apps to access sensitive user data or execute unintended actions, with at least one vulnerability reportedly being actively exploited [4] Update Recommendations - Apple recommends users install the updates promptly via device settings to mitigate potential privacy and security risks [5] - The updates are part of Apple's regular security release cycle, addressing newly identified vulnerabilities across its ecosystem [6] - Users can update their devices by navigating to Settings > General > Software Update on iPhone or iPad, and through System Settings > General > Software Update on Mac [7]

如果您希望可以时常见面，欢迎标星收藏哦~ 存储芯片价格飙升正迫使全球最大的电子产品公司面对三个让人难以接受的选项：提高产品售价， 自行消化成本，调整产品配置。 这是全球性的人工智能(AI)热潮给供应链带来的严重影响，AI需要大量数据中心的支持，而数据 中心的伺服器需要海量存储芯片。 其结果就是智能手机、个人电脑、游戏机和其他各种电子产品的制造商面临存储芯片告罄，并引发 了从去年年初开始的历史性价格上涨。 根据科技市场研究机构集邦(TrendForce)的追踪数据，过去12个月，DRAM和NAND闪存的合约 价格大约上涨至原来的七倍。 在AI基础设施投资依然火热的背景下，存储芯片价格短期内下跌的可能性看来不大。行业分析师 表示，供应料将保持紧俏，直到2028年底。 科技市场研究公司国际数据公司(International Data Corp.)的副总裁Bryan Ma表示，这场「存储 芯片荒」对消费电子行业来说不是时候，因为该行业正试图给自己的产品配备更多AI功能。 戴尔科技集团(Dell Technologies)已将部分商用笔记型电脑价格上调了最高30%，其竞争对手宏碁 (Acer)的经济型个人电脑现在的多 ...

Core Viewpoint - Apple experienced a significant decline in its stock price, marking its worst day in approximately 10 months, primarily due to delays in its AI developments and regulatory scrutiny from the FTC [1][9]. Group 1: Stock Performance - On February 12, Apple shares initially showed strong performance, being the only smartphone maker to grow in China in January [1]. - However, the stock plummeted 5% from $275.50 to $261.73, closing at $261.73, and continued to decline by 0.53% in after-hours trading, reaching $260.35 [2][1]. Group 2: AI Development Delays - Apple is postponing its anticipated AI update for the Siri personal assistant, which is seen as detrimental given the company's late entry into the AI market [5]. - The delay is particularly concerning as AI is a critical component in many bullish forecasts for 2026 [6]. Group 3: Regulatory Scrutiny - The stock's decline was exacerbated by news of regulatory scrutiny from the Federal Trade Commission (FTC), which is investigating Apple's terms of service and allegations of censoring conservative voices on Apple News [9]. - This scrutiny comes amid a broader trend of litigation against media firms by the Trump administration [10].

苹果成为唯一实现增长的头部品牌，销量同比增长 8%，市场份额升至近五年 1 月最高水平。这一成绩得益于 iPhone 17 系列的持续热度（标准版符合政府 补贴条件，性价比凸显，销量环比增 9%），且该系列降价幅度较小，为后续利润优化或价格调整预留空间，支撑长期销量韧性。 其他国产头部品牌均遭遇两位数下滑。小米（含 Redmi）下滑 36%、vivo（含 iQOO）下滑 29%、OPPO（含一加、realme）下滑 19%、荣耀下滑 26%，"Others" 品牌下滑 24%。Counterpoint 分析指出，核心症结在于 2025 年初补贴政策的 "透支效应"—— 去年 1 月补贴恰逢春节促销前置了需求，而 2026 年补贴力度减弱、消费需求疲软，对销量刺激有限。 2 月 12 日，Counterpoint Research发布最新数据，2026 年 1 月中国智能手机市场整体销量同比下滑 23%。核心原因包括 2025 年初补贴政策形成的高基数效 应、2026 年补贴力度减弱，以及农历新年时间错峰对消费节奏的影响。 从厂商来看，华为以 19% 的市场份额位列第一，但受去年补贴刺激的高基数、Nova 系列 ...

Andrew Ferguson, the Federal Trade Commission (FTC) Chairman, has written a letter to Apple Inc. (NASDAQ:AAPL) CEO Tim Cook expressing concerns about alleged political bias in the company’s news service.FTC Chairman Flags Political Bias in Apple NewsIn a letter sent to Cook on Wednesday, Ferguson raised concerns about allegations that Apple News has been systematically promoting news articles from left-wing outlets while suppressing content from conservative publications.Ferguson, in his letter, highlighted ...

监管层面的压力同时袭来，周三FTC主席安德鲁·弗格森致信苹果CEO蒂姆·库克，要求其审查苹果新闻 应用的服务条款及内容筛选政策。 此外，行业大环境也加剧了苹果股价的波动。尽管苹果上月公布的一季度财报超出华尔街预期，但近期 华尔街普遍担忧大型科技公司在AI领域投入过高，叠加软件行业不确定性加剧，投资者态度趋于谨 慎。本周二，瑞银集团以"软件行业不确定性"和"高额资本支出"为由，将美国科技板块评级下调至中 性，此前一周软件股已出现抛售潮，进一步拖累了苹果股价。（旺旺） 图为外媒报道截图 彭博社报道称，苹果备受期待的Siri人工智能升级已在内部推迟至今年5月甚至更晚，该更新原本预计几 周内推出，如今可能需要数月时间分阶段落地。对此，苹果向CNBC证实，新版Siri仍计划在2026年推 出，并未偏离既定时间表，其最初计划2025年春季推出，后曾因功能未就绪延期，此次内部推迟暂不构 成公开层面的延迟。 来源：环球网 【环球网科技综合报道】2月13日，据外媒CNBC报道，苹果公司股价当地时间周四遭遇重创，单日下 跌5%，收盘价跌至261.73美元，创下自去年4月以来的最差单日表现，不仅抹去了全年所有涨幅，还使 得其202 ...

Investment Rating - The report maintains an "Outperform" investment rating for the communication industry [4][7]. Core Insights - In January 2026, the communication industry index increased by 5.47%, outperforming the Shanghai Composite Index (+3.76%), CSI 300 Index (+1.65%), Shenzhen Component Index (+5.03%), and ChiNext Index (+4.47%) [3][13]. - The capital expenditure of the four major North American cloud providers is expected to grow significantly, with a projected increase of over 60% in 2026 [6][24]. - The procurement results for special optical cables by China Mobile indicate that eight manufacturers, including Tongding Interconnection and Yangtze Optical Fibre and Cable, have been selected, highlighting the focus on key sectors such as industrial manufacturing and digital government [6][7]. Summary by Sections Industry Performance - The communication industry index showed a strong performance in January 2026, with a 5.47% increase, outperforming major indices [3][13]. - Sub-sectors within the communication industry saw varied performance, with cable, other communication equipment, and system equipment rising by 19.70%, 10.72%, and 7.85% respectively [16]. Telecommunications Sector - In 2025, the telecommunications business revenue reached CNY 1.75 trillion, a year-on-year increase of 0.7% [6][45]. - By December 2025, 5G mobile phone users accounted for 65.9% of total mobile phone users, with a monthly data usage (DOU) of 23.04GB per user, reflecting a 17.0% year-on-year increase [6][45]. Cloud Infrastructure Investment - The combined capital expenditure of the four major North American cloud providers in Q4 2025 was USD 126 billion, marking a 62.0% year-on-year increase [24][25]. - For 2026, the total capital expenditure guidance for these providers exceeds USD 660 billion, with an expected growth of 61.0% [24][25]. AI and Smartphone Market - The retail sales of communication equipment in China increased by 20.9% year-on-year in December 2025, driven by the demand for smartphones [44]. - The global smartphone shipment is projected to grow by 2% in 2025, reaching 1.25 billion units, with AI smartphones expected to penetrate 34% of the market by 2025 [6][44]. Investment Recommendations - The report suggests focusing on companies involved in optical devices, optical chips, optical modules, and AI smartphones, including Tianfu Communication, ZTE, and China Mobile [7][6].