Apple(US:AAPL) Jing Ji Ri Bao·2025-10-03 23:24Group 1 - Apple stock price has recently strengthened, with Morgan Stanley and JPMorgan both optimistic about the supply chain outlook [1] - Morgan Stanley raised its 2025 iPhone production forecast to 251 million units, a 6% year-on-year increase, driven by strong demand for the iPhone 17 series [1] - The delivery times for the iPhone 17 models have remained long, indicating strong sales performance in the Chinese market [1] Group 2 - Morgan Stanley is not pessimistic about long-term iPhone shipments, expecting new product types to be launched between 2026 and 2027, including the iPhone 17e and a foldable iPhone [2] - The optical component suppliers, such as Largan Precision, are expected to benefit from the iPhone's specification upgrades, with strong growth potential [2] - Apple is predicted to be a rare bright spot in the PC semiconductor market, with MacBook shipments expected to grow by 9% in 2025 and 3% in 2026 [2] Group 3 - The overall PC market remains weak, but components related to iOS are expected to perform well due to better cost-performance ratios [3] - Morgan Stanley upgraded the ratings for two Taiwanese suppliers, ILI Technology from "Neutral" to "Outperform" with a target price increase from 120 to 150 TWD, and Preeg-KY from "Neutral" to "Outperform" with a target price increase from 747 to 888 TWD [3] - The stock prices of ILI Technology and Preeg-KY rose by 6.2% and 4.7% respectively following the upgrades [3]