库克交棒，苹果的“后传奇时代”怎么投？

Core Insights - Tim Cook is expected to step down as CEO of Apple, marking the first leadership change in 14 years, which could signal a new era for the company [1][3]. Group 1: Financial Performance - Under Cook's leadership, Apple's market value increased from $347 billion to $3.77 trillion, representing a more than tenfold growth, with cash flow reaching $160 billion, showcasing a remarkable business achievement [3]. - However, Apple's stock price has only risen 1.4% this year, significantly lagging behind the broader market, indicating a demand for new breakthroughs [3]. Group 2: Successor Profile - The potential successor, John Ternus, is a seasoned hardware engineer who has been involved in the design of key products from iMac to iPhone and has been a driving force behind Apple's self-developed chip strategy [3]. - Ternus's appointment could signal a return to a focus on "hardcore innovation," which would positively impact the supply chain and semiconductor industries [3]. Group 3: Investment Opportunities and Risks - The leadership transition may lead to short-term stock price volatility, but Ternus's engineering mindset could steer Apple towards advancements in AI hardware and mixed reality [3]. - Investors are advised to view any potential stock pullbacks as opportunities to invest, while also monitoring A-share companies in the Apple supply chain that possess high technological barriers, as they may better withstand ecological changes [3].