2025年开年，一场围绕AI入口与生态的争夺战已在国内科技巨头间全面打响：腾讯"元宝"率先撒钱十亿抢占用户心智， 字节、阿里等巨头亦不遑多让，向广大C端用户祭出金元攻势。 如何理解这场所谓的"中国本土AI入口大战"？我们不妨可以尝试从最新发生的"巴菲特卖苹果买谷歌"这一案例中找到答 案。 芒格则将错过谷歌称为：在科技领域最糟糕的错误，当时谷歌的广告模式已展现出明显优势。 再为错过而懊悔十年后，巴菲特终于建仓了谷歌： 根据 2025年11月15日披露的13F持仓报告，2025Q3伯克希尔团队启动了一次重大战略性调仓：卖出苹果买入谷歌。 这是伯克希尔连续第二个季度大幅抛售苹果股票，套现106亿美元，减持力度较上一季度直接翻倍；截至季末，其苹果 持仓已从2023年底大降近70%。 与此同时，巴菲特首次大手笔建仓谷歌，斥资43亿美元，估算买入价格集中在210美元/股左右，这一持仓直接跻身伯克 希尔第十大重仓股，占总持仓的1.6%。 01 十年懊悔后终补票 巴菲特曾不止一次表达对错失谷歌早期投资机会的懊悔。 2017年股东大会上，巴菲特首次透露，在2004年IPO时，谷歌创始人拉里佩奇和谢尔盖就当面拜访，为他提供直接深 ...

以下文章来源于伯虎财经 ，作者伯虎团队 伯虎财经 . 聚焦科技和大消费，以深度原创为特色，为你发掘精彩的商业价值。 "稳"不是大家对苹果的期待。 文 ｜ All too well 来源｜ 伯虎财经（bohuFN） 封面来源 ｜ IC Photo 第二季度的剧情，但第四季度仍然在上演。 1月30日凌晨，苹果在美股收盘后发布2026财年第一财季（自然年2025年第四季度）业绩，营收又创新高了。这个季度，苹果营收高达1437.56亿美 元，同比增长16%。 赚钱能力更是让人眼红：上季度毛利率达 48.2%，净利润420.97亿美元，同比增长16%。 再来用一张图感受一下苹果的 "高处不胜寒"： Counterpoint公布的2025年Q4全球智能手机市场数据显示，苹果的平均售价达到1011美元，大约7019元；而同期OPPO、三星、vivo、小米的均价， 分别在200美元出头，甚至更低。 而业绩起飞的原因也是类似的，主要的原因之一， iPhone和中国市场。 所有人都在讨论新 iPhone卖得不错，但没想到它会卖到这个程度。 更出人意料的是中国市场。此前连续几个季度表现承压的大中华区，在新一代 iPhone推出后明 ...

米哈游法务部发布声明，表示将拉黑公司常年法务顾问上海市汇业律师事务所，永不合作。 整理 ｜赵华丽 何雨婷 点击上方【36氪随声听】，一键收听大公司热门新闻。听完音频记得添加进入 【我的小程序】 中哟！ 米哈游永久拉黑常年法律顾问：律所帮对方收集证据 2月10日，米哈游法务部发布声明，表示将拉黑公司常年法务顾问上海市汇业律师事务所，永不合作。 该律所在为米哈游服务期间，明知代理远景公司诉讼案件（远景能源有限公司诉米哈游网络侵权责任纠纷案件）涉及利益冲突 的情况下，指派实习律师吴某继续帮助远景公司收集、固定诉讼证据，并提供给远景公司，涉嫌违反《律师法》的相关规定。 瑞幸回应杯套出现错别字：将反馈给相关业务部门 苹果一季度在华销售额暴增38%，分析称"爱马仕橙"成最大"功臣" 日本2025年底国家债务达1342万亿日元，创历史新高 索尼将停止蓝光录像机出货 摩尔线程开源TileLang-MUSA项目 上海市汇业律师事务所管委会委员、高级合伙人周开畅律师已被上海市徐汇区司法局作出行政处罚。此外，远景能源有限公司 已向江阴市人民法院申请撤回前述其与米哈游之间网络侵权责任纠纷案件的起诉，江阴市人民法院已裁定准许其撤诉。（ ...

Core Viewpoint - BOE, Apple's screen supplier, is facing production issues with OLED panels, leading to the transfer of millions of orders to Samsung Display [1] Group 1: Production Issues - BOE has not resolved production interruptions that occurred between November and December of last year, affecting the supply of OLED panels for iPhone models [1] - The production problems are attributed to certain process issues, resulting in the forced halt of some products [1] - The supply issues extend beyond the technically challenging iPhone 17 LTPO OLED panels to include previously stable LTPS OLED panels for iPhone 15 and 16, causing confusion in the industry [1] Group 2: Future Supply Efforts - BOE is working to ensure stable supply of OLED panels for the upcoming iPhone 17e model, which is scheduled for release in the first half of this year [1] - BOE is the supplier with the highest number of orders for iPhone 17e OLED panels among panel manufacturers [1]

Core Viewpoint - The analysis indicates that Apple may benefit from a 15% increase in prices due to rising memory costs, although this could lead to a slight decline in unit growth as consumers may delay purchases or opt for lower-spec models [1][2]. Group 1: Price Impact and Consumer Behavior - A 15% price increase translates to approximately $150 more per device, which is significant and may deter some consumers from purchasing [1]. - Initial estimates for unit growth in fiscal year 2027 were around 5-6%, but these have been adjusted to flat growth due to price pressures on consumers [1][2]. Group 2: iPhone Sales and Future Projections - The strong sales of the iPhone 17 are attributed to many consumers upgrading from older devices that are four to five years old, which may also positively influence the iPhone 18 cycle [1]. - Despite the anticipated price pressures, there is a belief that the iPhone 18 cycle will still see some benefits from the current upgrade trend [1]. Group 3: Apple Intelligence and Market Position - The development of Apple Intelligence, particularly the anticipated Siri 2.0, is viewed as a critical factor for Apple's stock performance this year, especially given the company's two-year delay in this area [3][4]. - A partnership with Google for the Google Gemini project is expected to yield meaningful advancements in Apple Intelligence, potentially driving unit growth and service monetization [4][5]. - Overall, Apple Intelligence is considered a more significant driver for stock performance than price changes, leading to an increase in target price for the stock [5].

Core Viewpoint - The European Commission has announced new measures aimed at online platforms to combat cyberbullying, a significant issue affecting one in six children [1] Group 1: Measures Announced - The European Commission's measures include increased responsibilities for online platforms to address cyberbullying [1] - The initiative is part of a broader strategy to enhance child safety online [1] Group 2: Impact on Children - Cyberbullying affects approximately 16.67% of children, highlighting the urgency of the issue [1] - The measures aim to create a safer online environment for children, addressing the growing concern of mental health impacts due to cyberbullying [1]

Don't let the global memory shortage distract you from the upcoming Apple Intelligence launch, according to Bernstein. ...

IT之家 2 月 10 日消息，消息源 @Kosutami_Ito 于 2 月 8 日在 X 平台发布推文，爆料称苹果计划在 2026 年打破 AirPods 系列通常为期三年的更新周期，推出 一款搭载红外摄像头（IR Cameras）的全新 AirPods Pro。 定位方面，基于供应链消息，苹果公司并不打算用这款新品完全替代现有产品，而是计划推出一个具备更高硬件规格的衍生版本，其大部分硬件会沿用现款 AirPods Pro 3 方案。 天风国际分析师郭明錤早在 2024 年 6 月就曾预测，苹果计划在耳机中引入红外摄像头模块。与传统拍摄功能不同，这种红外组件主要用于环境感知，类似 Face ID 的运作原理，旨在通过捕捉周围空间信息来增强"空间音频（Spatial Audio）"的沉浸感，并能与 Apple Vision Pro 头显形成生态联动，提供更精准的 空间计算体验。 售价方面，消息源声称新款带摄像头的 AirPods Pro 将维持当前售价，预估为 1899 元。 此次硬件升级的核心在于引入红外摄像头系统，IT之家援引博文介绍，该媒体分析认为，这一新增硬件并非用于拍摄照片，而是支持类似"视觉智 ...

Market Performance - As of February 10, US stock indices showed mixed performance, with the Dow Jones Industrial Average rising by 0.7% to reach a new high, while the Nasdaq and S&P 500 indices turned positive with increases of 0.09% and 0.2% respectively [1] - The Philadelphia Semiconductor Index experienced a significant drop, falling over 1% at one point, while major tech stocks showed varied performance, with Google down over 2% and Nvidia and Meta also declining, whereas Tesla, Microsoft, and Amazon saw gains [1] Company Specifics - Alphabet, Google's parent company, has initiated its first bond issuance in Swiss Francs, including bonds with maturities of 3, 6, 10, 15, and 25 years, and is also launching its first bond issuance in British Pounds with maturities of 3, 6, 15, 32, and 100 years, both expected to be priced later the same day [3] - In the tech sector, TSMC (Taiwan Semiconductor Manufacturing Company) saw its stock rise by 1.49%, reaching a new high, while other companies like Alibaba and Oracle also reported gains of 1.95% and 3.24% respectively [2][3] Economic Commentary - Former President Trump expressed optimism about the stock market, predicting that the Dow Jones Industrial Average will reach 100,000 points by January 2029, attributing the market's rise to his tariff policies [5] - In contrast, Ray Dalio, founder of Bridgewater Associates, warned of a potential collapse in the US economy, citing significant debt imbalances and suggesting that investors should allocate 5%-15% of their portfolios to gold as a hedge against currency devaluation [6]

Core Insights - Apple Inc. reported a strong quarterly performance, highlighted by impressive iPhone sales and significant improvements in the Chinese market, which had previously been a weak area for the company [1] - The company provided optimistic gross margin guidance for the upcoming quarter, indicating resilience against high memory prices [1] Group 1: Financial Performance - Apple achieved "blowout" iPhone sales during the last quarter [1] - The company experienced "staggeringly good" numbers from China, marking a turnaround in a previously underperforming region [1] - Strong gross margin guidance suggests that Apple is managing costs effectively despite potential challenges from high memory prices [1] Group 2: Strategic Positioning - Apple has strategically avoided excessive spending on AI and data centers, which may position the company favorably compared to competitors that have invested heavily in these areas [3] - The company's product ecosystem includes a range of devices such as iPhones, Macs, iPads, and wearables, supported by services like AppleCare and cloud tools [3]