Zhi Tong Cai Jing·2025-09-07 23:48Group 1: Apple Product Launch - Apple announced its fall event scheduled for September 9, focusing on the launch of the iPhone 17 series, which includes iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max, and a new ultra-thin iPhone 17 Air [1] - The iPhone 17 series will feature a new ultra-thin model, iPhone 17 Air, which is expected to be only 5.5mm thick, replacing the less popular "Plus" model [1][2] - The iPhone 17 Pro is predicted to start at $1,099, with the entry-level storage option increased from 128GB to 256GB, indicating a "hidden" price increase strategy [2] Group 2: Market Reactions and Predictions - Following the announcement of the event, Apple's supply chain stocks have strengthened, with companies like Industrial Fulian and Kesen Technology seeing significant gains [3] - Analysts predict that the iPhone business revenue will grow by 5% and 7% year-on-year in fiscal years 2025 and 2026, driven by upgrades from users of older devices [2][3] - The overall sentiment in the capital market is optimistic due to expectations of a new product supply cycle [3] Group 3: Investment and Valuation Insights - Analysts from Citic Securities and Tianfeng International Securities believe that the current low valuations of Apple’s supply chain companies could recover due to the resolution of tariff issues and increased investment in AI [4][3] - Apple has committed to an additional $100 billion investment in the U.S., raising its total investment to $600 billion over the next four years, which is expected to positively impact the supply chain's valuation [3] - Companies like Lens Technology and AAC Technologies have reported strong earnings growth, indicating a positive outlook for the supply chain [5][7][8]