Investment Rating - The investment rating for the company is "Buy" [7] Core Insights - The report highlights record growth in iPhone sales leading to new performance highs, with Apple expected to capture market share through supply chain capabilities despite rising storage costs. High premium rates and ancillary service revenues provide a solid profit cushion [3][11] - The company has adjusted its revenue forecasts for FY2026E, FY2027E, and FY2028E to $460.4 billion, $498.4 billion, and $523.4 billion respectively, with GAAP net profits projected at $123.4 billion, $136.3 billion, and $143.0 billion [11] Financial Summary - Revenue (in million USD): - 2023: 383,285 - 2024: 391,035 - 2025: 416,161 - 2026E: 460,409 - 2027E: 498,428 - 2028E: 523,360 - Year-on-year growth: - 2023: -2.8% - 2024: 2.0% - 2025: 6.4% - 2026E: 10.6% - 2027E: 8.3% - 2028E: 5.0% [5] - Gross profit (in million USD): - 2023: 169,148 - 2024: 180,683 - 2025: 195,201 - 2026E: 214,416 - 2027E: 232,340 - 2028E: 244,051 - Gross margin: - 2023: 44.1% - 2024: 46.2% - 2025: 46.9% - 2026E: 46.6% - 2027E: 46.6% - 2028E: 46.6% [5] Earnings Forecast and Investment Recommendations - The report indicates that Apple is expected to leverage its supply chain advantages to expand market share, with a long-term positive outlook based on its data ecosystem and self-developed hardware and software collaboration. The target price for Apple has been adjusted to $321, maintaining a "Buy" rating [11]

Group 1 - Apple has launched special Lunar New Year content across multiple services, including App Store, Apple Music, and Apple Podcasts, to enhance user experience during the festive season [1] - The App Store features a special topic titled "福" 力满满, creating a festive atmosphere and linking to social media topics to promote New Year content [2] - Apple Music offers exclusive music gifts, including curated playlists, DJ mixes, and radio specials, with notable artists participating in New Year greetings and special content [3] Group 2 - Apple Podcasts has introduced a special series called "步步新声" for the New Year, providing inspiring and uplifting content for users [6] - iCloud+ offers up to 12TB of storage space, allowing users to preserve their New Year memories effectively [6]

In the world of tech, businesses that focus intensely on product innovation will thrive.Looking back at some of the best-performing stocks throughout history is a good way for investors to learn what traits to seek out in businesses they are considering adding to their portfolios. A consistent focus on product innovation, for example, is one powerful characteristic that can lead to robust returns.Over the past 20 years (as of Feb. 5), this "Magnificent Seven" stock is up 10,650%. Including reinvested divide ...

智通财经APP获悉，有媒体援引知情人士透露的消息报道称，美国总统特朗普领导下的美国联邦政府计 划对亚马逊(AMZN.US)、谷歌(GOOGL.US)以及微软(MSFT.US)等美国科技巨头们豁免于即将重磅出台 的下一轮对外芯片关税政策，主要因为这些大型科技公司正在大规模建设AI数据中心，而这一如火如 荼的AI投资进程与建设进程对于美国经济而言可谓至关重要。 知情人士强调，这些攸关芯片关税政策的特殊豁免政策将由美国商务部经过贸易调查之后进行豁免性质 的提供，并且与有着"芯片代工之王"称号的台积电(TSM.US)超过千亿美元在美国本土制造高性能AI芯 片以及其他3nm及以下制程最先进芯片制造与封装的大额投资承诺密切相关联。 在这种背景下，如果对于数据中心建设至关重要的最核心硬件产品——即关键芯片，一刀切地加征高额 关税，就可能大幅推高AI数据中心建设成本、延缓项目进度甚至打击投资者信心，从而在短期内拖累 经济增长——关税本身就被研究表明会减少经济增长，长期可能压缩产能和资本存量。 因此最新的豁免传闻显示的核心AI数据中心所需芯片关税豁免，实际上是特朗普政府试图保持超大规 模AI算力基础设施投资的节奏，防止对市场预 ...

Core Viewpoint - Jinglin Asset has made significant adjustments to its stock holdings in the fourth quarter of 2025, increasing its positions in key technology stocks while reducing exposure to others, reflecting a strategic focus on sectors like AI and new energy [1][6][9]. Group 1: Stock Holdings and Changes - As of the end of 2025, Jinglin Asset held stocks in 28 companies in the US market, with a total market value exceeding $4 billion [1]. - The top ten holdings include Google A, Meta, Pinduoduo, NetEase, Manbang Group, Futu Holdings, NVIDIA, Alibaba, Intel, and Atour, with Chinese stocks still dominating the portfolio [1][10]. - The largest holding shifted from Meta to Google A, with Google A valued at approximately $841.97 million, reflecting an increase of 926,084 shares from the previous quarter [2][3][10]. Group 2: Investment Strategy and Focus Areas - Jinglin Asset is focusing on sectors such as AI, new energy, smart driving, and humanoid robots, believing these areas will continue to see rapid growth and investment from both China and the US [1][9]. - The firm emphasizes a balanced global investment strategy, selecting companies with strong valuations and cash flows to mitigate risks while capitalizing on growth opportunities [9]. - The CEO highlighted the importance of major AI application platforms like Google, Apple, ByteDance, Tencent, and OpenAI, predicting that 2026 could be a pivotal year for AI agents [9]. Group 3: Recent Trading Activity - In Q4 2025, Jinglin Asset increased its holdings in Intel by 694,363 shares and in Futu Holdings by 139,473 shares, while also initiating a position in Broadcom [6]. - The firm significantly reduced its holdings in NVIDIA by 1.54 million shares and in Meta by 229,056 shares, alongside partial reductions in other stocks like TSMC and UnitedHealth [6].

Core Insights - Google has enabled Pixel phones to appear in the AirDrop list of Apple devices, allowing seamless file transfer without the need for third-party apps [1] - The compatibility with AirDrop will be expanded to the entire Android ecosystem by 2026, enhancing cross-platform file sharing capabilities [2] - This development signifies a shift in the competitive landscape, as it provides Android devices with a native entry point for cross-ecosystem communication, challenging Apple's previously exclusive ecosystem [4][11] Group 1: Compatibility and User Experience - Google's approach differs from other manufacturers by directly integrating with the AirDrop protocol, allowing Android devices to be recognized as native Apple devices during file sharing [6][10] - The user experience is significantly improved, as there are no additional steps or learning curves required for file sharing between Android and Apple devices [8][20] - This change reduces the friction in cross-ecosystem file transfers, making it more natural for users to share files between different platforms [14][21] Group 2: Impact on Competitors - The expansion of AirDrop compatibility will challenge Android manufacturers that have previously emphasized their own cross-compatibility solutions with Apple devices [15][17] - Companies like Xiaomi, OPPO, and Huawei, which have built their ecosystems around proprietary solutions, may need to reassess their strategies as Google's integration becomes a standard feature across Android devices [16] - The shift towards a unified local transfer standard could reshape relationships within the Android ecosystem, promoting better interoperability among different brands [17] Group 3: Benefits to Users - Users will benefit from a more flexible device ecosystem, as they can easily switch between Android and Apple devices without worrying about file transfer limitations [20] - The ability to share files seamlessly across platforms enhances the overall user experience, making device selection less constrained by compatibility issues [21] - This development highlights the importance of connectivity between devices, which may become a key factor in user satisfaction and device choice in the future [21]

去年9月发布的iPhone 17系列，在市场上大获成功，发售不到半年，在国内的激活量就超过了2000万台。同时，iPhone 17系列很快将新增一名成员—— iPhone 17e。 很显然，它会是iPhone 16e的继承者，定位比iPhone 17更低，但价格也会相应下调，帮助苹果进一步抢占4000元价位手机市场。 A19芯片加持，高刷与双摄依旧缺失 这次曝光iPhone 17e的仍然是我们熟悉的彭博社Mark Gurman，他的爆料一向比较准。 具体来说，iPhone 17e将和iPhone 17一样搭载A19芯片，并且继续采用自研基带，应该是iPhone 16e上的C1的升级款。iPhone 17e还是不会配备高刷屏，保 持60Hz不变，可能会有灵动岛。相机方面，iPhone 17e毫无意外地还是单摄，iPhone 17上的超广角被去掉了。 这样看下来，iPhone 17e的定位很明确，那就是直接把iPhone 17的屏幕、相机、功能等方面往低了砍，但最核心的性能没有缩水。与之相应的，iPhone 17e的 价格也便宜了不少，起售价约为4499元，蹭上国内国补的话，可以进一步降低到3999元，对用户的吸 ...

2月9日，科技媒体9to5Mac布博文，梳理彭博社马克·古尔曼（Mark Gurman）等消息源爆料， 指出苹果有望2026上半年推出新款MacBook。 定位方面，这款MacBook没有Air和Pro后缀，直接命名为"MacBook"，定位入门笔记本电脑市 场，用于填补低价位市场空缺，主要面向对性能要求不高、但注重便携与预算的用户群体。 芯片方面，消息称这款MacBook并非搭载Mac系列惯用的M系列芯片，而是采用iPhone同款的 A18 Pro芯片，足以应对网页浏览、邮件处理及轻度图像编辑等日常需求。 屏幕方面，新机预计采用12.9英寸LCD显示屏，尺寸略小于13.6英寸的MacBook Air，且极有可 能取消"刘海"设计，回归传统笔记本视觉体验。 颜色方面，新MacBook将效仿iMac的色彩策略，提供蓝色、粉色、黄色和银色等多种大胆配色。 内存方面，这款仅搭载8GB DRAM，容量仅为当前MacBook Air和Pro机型起步（16GB）的一 半。得益于苹果的软硬整合能力，8GB内存也能维持流畅体验，并支持Apple Intelligence 等AI功 能。 价格方面，价格将是这款新MacBook ...

来源：环球网 【环球网科技综合报道】2月10日消息，据多家外媒综合爆料人消息，苹果计划在2026年推出一款搭载 红外摄像头的全新AirPods Pro，打破该系列通常三年一更新的周期。消息称，这款耳机将通过硬件升级 实现"环境感知"功能，并可能引入空中手势控制等创新交互方式。 根据爆料，苹果正在研发的AirPods Pro升级版将内置红外摄像头模块，可检测周围环境图像变化。知名 分析师郭明錤此前曾预测，这一技术或用于实现空中手势操作——用户无需触摸耳机，仅通过手势即可 控制播放、切换曲目或唤醒语音助手。 此外，红外摄像头可能辅助提升空间音频精度，使其与苹果Vision Pro头显及未来音频设备实现更深度 协同。 值得注意的是，郭明錤提到，2026年款AirPods Pro可能不会命名为"Pro 4"，而是以差异化功能（如红外 摄像头）作为核心卖点。据悉，其首款产品于 2025 年 9 月发布，而升级版预计将于今年推出，这意味 着它可能不会被命名为 AirPods Pro 4。目前尚不清楚苹果是否会同时销售两个版本，但爆料者称升级版 定价或维持249美元（与现款AirPods Pro 3一致），而非推出更高价位 ...

来源：环球网 【环球网科技综合报道】2月10日消息，据9to5mac综合多方消息报道，苹果公司计划推出一款全新入门 级Mac笔记本电脑，暂定名为"MacBook"（无Air/Pro后缀），主打亲民价格与轻量化设计。该产品预计 将于今年上半年发布，有望成为苹果Mac系列中售价最低的机型。 屏幕尺寸 方面， 据彭博社记者马克·古尔曼及分析师杰夫·普透露，新款MacBook将采用约12.9英寸LCD显示屏，略小于 现款MacBook Air的13.6英寸，且可能取消"刘海"设计，提升屏占比。 此外，机身体积进一步缩小，重量或低于MacBook Air，强化移动办公场景的适用性。 配色方案上，分析师郭明錤称，苹果将提供蓝色、粉色、黄色及银色四种鲜艳配色，延续iPad Air/mini 的多彩策略，吸引年轻用户与创意工作者。 芯片方案上，传言称新款MacBook将搭载与iPhone 16 Pro同款的A18 Pro芯片，基于ARM架构设计，兼 顾能效与性能，但定位低于MacBook Air的M系列芯片，主要满足网页浏览、文档处理、视频播放等基 础需求。 马克·古尔曼指出，苹果计划在"今年上半年"推出该产品，而杰夫·普则 ...