Apple(US:AAPL) Di Yi Cai Jing Zi Xun·2025-09-13 04:40Core Viewpoint - Apple's market value dropped by $52.4 billion after the autumn product launch, but the stock price rebounded following the pre-sale of the iPhone 17 series, indicating strong initial consumer interest [2][4]. Group 1: iPhone 17 Series Performance - The iPhone 17 series pre-sale in China exceeded the previous generation iPhone 16, with over 200,000 units reserved within 6 hours and record sales on e-commerce platforms [2]. - The most popular model appears to be the base iPhone 17, which features significant upgrades such as a 120Hz high refresh rate display and increased base storage from 128GB to 256GB, all without a price increase [2]. Group 2: Market Reactions and Challenges - Despite the strong pre-sale numbers, analysts express concerns about Apple's future in China due to the lack of significant AI updates and competition from local brands offering integrated AI features [4]. - Apple's stock price fell by 1.48% on the day of the launch and continued to decline, losing a total of $11.09 per share from the previous close before the event [3]. Group 3: iPhone Air and Regulatory Delays - The iPhone Air, which was highly anticipated for its design changes, is not expected to be a major sales driver due to compromises in battery life and camera performance [3]. - The release of the iPhone Air in China has been delayed, with Apple stating it is working closely with regulatory bodies to expedite the launch [5].