现在的AI 如果不被手机操作系统接纳，就只能是一个聊天机器人玩具；只有进入系统底层，才能成为 真正的"助手"。 在AI的时代，传统的APP孤岛会被彻底击穿。当然，这条路注定充满荆棘。这背后更 深层次的问题是权限。 豆包官方表示，在手机助手的落地路径上，没有自研手机计划，目前正与多家手机厂商洽谈，以"生态 合作"形式将豆包手机助手整合进不同品牌机型中，相关进展将在后续公布。 这一战略背后，是字节跳动对AI时代人机交互入口的全面争夺。字节正在积极探索硬件入口，以手机 为代表的智能终端，是AI最直接的落地场景。 当下的主流手机厂商纷纷自研端侧AI，比如苹果的Siri、三星的Bixby、华为的小艺、小米的小爱。今年 10月份vivo、OPPO、荣耀扎堆发新品，手机AI智能体成为了主打卖点。 主流手机厂商这种"生态系统闭环"策略，让大模型厂商急需找到属于自己的端侧入口，集成和释放AI能 力。豆包此次选择以"AI手机助手"形态切入，正是看准了这一点。 2025年9月，手机厂商AI助手用户规模达到了5.35亿，这是检验上游端侧模型技术的"试金石"。当下， 手机AI助手的行业趋势是从"功能模块"升级为"生态中枢"，通过系统级 ...

值得注意的是，面对潜在的竞争变局，现有厂商正在加速探索多折叠形态。三星近期推出的Galaxy Z TriFold被定位为战略性试点产品，虽出货量有限，但其主要意图在于全面商用前验证多折叠架构的耐 用性与软件适配，以此巩固其在技术层面的护城河，为应对未来更激烈的市场竞争做足准备。 针对未来的市场走向，机构预测2025年全年折叠屏出货量将实现约16%的同比增长。行业普遍认为， 2026年将是折叠屏市场的关键爆发期，届时苹果有望携折叠屏产品入局，并在iPhone庞大用户基础的推 动下，开启新一轮高端换机周期。 凤凰网科技讯 12月3日，据市场调研机构Counterpoint Research发布的最新报告显示，2025年第三季度全 球折叠屏智能手机市场迎来显著增长，出货量同比增长14%，创下该品类历史季度新高。随着技术成熟 与高端市场渗透率提升，折叠屏手机在全球智能手机出货量中的占比已攀升至2.5%。 本季度市场的强劲表现主要得益于头部厂商的产品迭代。三星Galaxy Z7系列凭借机身减重、厚度缩减 以及铰链耐用性的提升，成为推动书本式折叠机型扩张的核心动力；华为Mate系列亦保持了稳定的增 长势头。在翻盖式折叠屏 ...

Core Insights - The Quark AI glasses by Alibaba are positioned as the closest product to the concept of "future glasses," focusing on user comfort and daily wearability rather than just technical specifications [2][5]. Product Design and Features - The Quark S1 glasses weigh only 51 grams, achieving a balanced weight distribution with a 1:1 ratio between the front and back, ensuring stability and comfort during use [2]. - The design includes adjustable nose pads, making it more suitable for Asian facial structures, and features the thinnest arms among similar AI glasses at just 7.5 millimeters [2]. Market Positioning and Pricing - The S1 series offers three models starting at a price of 3,799 yuan, while the G1 series, which emphasizes fashion and portability, starts at 1,899 yuan [5]. - The glasses integrate with the Qianwen AI assistant, providing functionalities such as payment, navigation, and travel information, enhancing their utility in various scenarios [5].

Group 1 - The A-share market showed mixed performance on December 3, with the Shanghai Composite Index down by 0.03%, while sectors such as telecommunications, non-ferrous metals, and home appliances saw gains [1] - The Consumer Electronics ETF (159732.SZ) decreased by 0.28% as of 10:15, with individual stocks like Rainbow Technology up by 6.23%, Anker Innovation up by 3.59%, and Jinghe Integrated up by 2.81%, while Transsion Holdings and Baiwei Storage fell by 6.44% and 4.20% respectively [1] Group 2 - Alibaba's Quark AI glasses were officially launched on November 27, featuring two series (S1 and G1) with six models, all equipped with Alibaba's latest Qianwen AI assistant [3] - The integration of Quark glasses with Alibaba's Qianwen AI assistant and its ecosystem aims to address the ecological challenges faced by AI glasses, enabling functionalities such as direct payment via Alipay and product search through Taobao [3] - Donghai Securities highlighted that the deep integration of Quark glasses with the Qianwen model and Alibaba's ecosystem represents a strategic move for Alibaba in the AI era, suggesting attention to the edge AI-related industry chain [3]

12月3日消息，Apple CEO TimCook蒂姆·库克发微博表示，四十年来，Apple 一直在产品的设计之初就 融入无障碍理念。因为我们坚信，最好的科技服务于每个人——无论是在#国际残疾人日#还是每一天。 责任编辑：李思阳 责任编辑：李思阳 12月3日消息，Apple CEO TimCook蒂姆·库克发微博表示，四十年来，Apple 一直在产品的设计之初就 融入无障碍理念。因为我们坚信，最好的科技服务于每个人——无论是在#国际残疾人日#还是每一天。 ...

Summary of Apple Inc. (AAPL) November 2025 App Store Spending Conference Call Company Overview - **Company**: Apple Inc. (AAPL) - **Industry**: Technology, specifically mobile applications and services Key Financial Metrics - **November 2025 App Store Net Revenue**: $6.61 billion, representing a growth of +6% year-over-year (yoy) from $6.24 billion in November 2024, decelerating from +9% yoy growth in October 2025 [2][3] - **App Store Spending Growth**: November 2025 marked the lowest month for App Store spending growth in 2025 to date, below the average November growth rate of +10% yoy from 2022-2024 [3][7] Core Insights 1. **Spending Trends by Category**: - **Games**: Declined -2% yoy in November 2025, compared to +3% yoy in October 2025, making up approximately 44% of total App Store revenue [3][5] - **Entertainment**: Accelerated to +5% yoy growth from +4% yoy in October 2025 [5] - **Photo & Video**: Decelerated to +16% yoy growth from +17% yoy in October 2025 [5] 2. **Geographic Performance**: - **United States**: Slowed to +3% yoy from +8% yoy in October 2025, accounting for 36% of total App Store revenue [6] - **Japan**: Declined -2% yoy from +4% yoy in October 2025, representing 10% of total revenue [6] - **China**: Slight improvement to -1% yoy from -2% yoy in October 2025, comprising 20% of total revenue [6] 3. **Future Outlook**: - Despite the deceleration in App Store revenue growth, expectations remain that Apple's Services segment will be supported by faster growth in other service categories, including iCloud+, AppleCare+, Apple Music, and Apple Pay [1][3] - The overall Services revenue is expected to grow in line with the previous fiscal year (F2025) at +14% yoy, despite App Store growth tracking below guidance [1][2] Risks and Challenges - **Consumer Demand**: Weakening consumer demand for products and services could impact revenue, particularly as approximately 50% of Apple's revenue comes from iPhones [16] - **Supply Chain Disruption**: Potential geopolitical tensions may disrupt global trade and affect Apple's supply chain, which is heavily reliant on China for final assembly [17] - **Intensifying Competition**: Apple faces significant competition across various sectors, including video streaming and app distribution, which could impact its market position [18] - **Regulatory Risks**: Increased regulatory scrutiny in major markets could weaken Apple's competitive advantages [19] Investment Recommendation - **Rating**: Buy - **12-Month Price Target**: $320, reflecting a potential upside of 13% from the current price of $283.10 [15][25] - **Valuation**: Attractive relative to historical multiples and key tech peers, with expected gross profit growth driven primarily by Services over the next five years [23] Conclusion - The deceleration in App Store spending growth presents near-term risks, but the overall strength of Apple's ecosystem and growth in other service categories provide a positive outlook for the company's revenue trajectory. The investment recommendation remains bullish, supported by a strong brand and expanding active installed base.

目前，vivo和小米都是国产手机中卖的最好的品牌，有人眼红了！ 当vivo也面临网暴跟对手的抹黑之后，vivo高管感触良多，也终于体会到小米雷军的不容易。 ...

此前，据划重点KeyPoints报道，从供应链等多方了解到，字节跳动和中兴通讯合作的AI手机即将在12月初发布。其中，字节跳动主导豆包大模型的植入与 AI交互功能定义，中兴通讯则主导硬件定义、产品设计和生产制造。 豆包方面表示，这是一款需要和手机厂商一起完成的产品。豆包目前正与多家手机厂商洽谈助手合作，并没有自己开发手机的计划。 据多家媒体报道，12月1日，字节跳动表示，豆包团队发布豆包手机助手技术预览版，是在豆包APP基础上与手机厂商在操作系统层面合作的AI助手软件。 据介绍，基于豆包大模型的能力和手机厂商的授权，豆包手机助手能够为用户带来更方便的交互和更丰富的体验。 ...

Core Insights - The Chinese PC market is experiencing a slowdown in growth, with a year-on-year increase of only 2% in Q3 2025, primarily due to reduced consumer subsidies [1][3] - Lenovo demonstrates strong resilience in this challenging market, achieving a significant year-on-year growth of 14% in shipment volume, reaching 4.4 million units and capturing 39% market share [3] - In contrast, major competitors like Huawei and Softcom Power are facing declines in shipment volumes, with Huawei's shipments down 7% and Softcom Power's down 13% [3] PC Market Performance - Total PC shipments in China reached 11.3 million units in Q3 2025, reflecting a 2% increase from the previous year [2][3] - Lenovo leads the market with 4.4 million units shipped, while Huawei and Softcom Power both shipped 1 million units [2][3] - Other competitors like Asus and HP show stagnant or minimal growth, with Asus maintaining 90,000 units and HP achieving a 2% increase but still around 100,000 units [3] Tablet Market Growth - The tablet market in China continues to thrive, with a year-on-year growth of 9%, reaching 8.8 million units in Q3 2025 [4] - Lenovo's tablet shipments surged by 71% to 900,000 units, increasing its market share to 10% [4][5] - In contrast, Apple experienced a 14% decline in tablet shipments, highlighting Lenovo's competitive edge in this segment [5] AI Integration and Future Outlook - The adoption of AI technology is accelerating in both consumer and commercial markets in China, with Lenovo integrating AI capabilities into its PC and tablet products [6] - Omdia forecasts that by 2025, 32% of PCs in the Greater China region will have AI capabilities, increasing to 46% by 2026 [6] - Despite anticipated declines in the PC and tablet markets in 2026, Lenovo's strong presence in the commercial sector and ongoing AI enhancements position it well to maintain its leadership [7]

Core Insights - The company has experienced a positive momentum over the last two years after facing challenges post-COVID, focusing on extending human potential in both work and play [1] Group 1: Strategic Initiatives - The company emphasizes superior products and innovation, launching approximately 35 new products annually, with several successful launches in recent years [2]