全网都在吹苹果17，甚至有人说90%的安卓厂商要倒闭，但发布会过后苹果的股价转眼就蒸发了超过 500亿美元。问题来了，既然苹果这么强，为什么资本市场反而不买账呢？ ...

一直以来，科技企业发布新品只要产品不错都会带来华尔街投行的评级看好，然而就在最近苹果新品发布，就在大家热议苹果的时候，苹果却遭 两家华尔街投行下调评级，这让人有些疑惑，苹果不都上新了为啥还被华尔街不待见呢？ 一、遭两家投行下调评级的苹果 他补充说，新推出的更轻薄iPhone没让该行的分析团队感到兴奋，"除非苹果能够重新定义现有产品，或开发出真正有吸引力的新产品，否则在现状下增长 将持续受限。" 年初以来，苹果股价已累跌超8%，明显跑输其他大型科技股。同期，纳斯达克综合指数累涨近14%，纳斯达克100指数涨超14%。 二、苹果上新为啥还不被华尔街待见？ 近期苹果新品发布后，却遭遇了两家投行下调评级的尴尬局面，苹果上新为何不被华尔街待见？ 首先，苹果新品发布，从表面上看讨论热度居高不下，社交媒体、科技论坛等平台都被相关话题刷屏。但仔细剖析就会发现，大多数人的关注点并非集中在 苹果新品的真正卖点上，而是聚焦在一些相对边缘的问题，例如苹果eSIM卡等。这一现象清晰地反映出当前苹果产品关注度的下降趋势。 据智通财经的报道，苹果股票被两家投行下调评级，这是金融市场对这家iPhone制造商保持谨慎态度的最新迹象。根据汇编的 ...

Core Viewpoint - Pinduoduo has launched a significant discount campaign for the iPhone 17 series, offering the lowest prices available online, which may impact Apple's sales strategy and market positioning [1][4]. Pricing and Discounts - The iPhone 17 is priced as low as 5099 yuan, the iPhone 17 Pro at 7999 yuan, and the iPhone 17 Pro Max at 8999 yuan on Pinduoduo, making it the most competitive launch price [1]. - Additional discounts can bring the price of the iPhone 17 (256GB) down to 4999 yuan with coupon stacking [3]. - In comparison, Apple's official pricing for the iPhone 17 (256GB) is 5999 yuan, with higher prices for the Pro and Pro Max models [4]. Market Response and Demand - The pre-sale for the iPhone 17 series has seen high demand, with over 343 million reservations for the standard model and significant interest in the Pro Max and Pro versions [7]. - The iPhone 17 series has faced challenges in availability, with initial shipping dates pushed to after October 15 for most models [6]. Competitive Landscape - Apple remains the leading brand in the high-end smartphone market, holding a 62% market share, although it has seen a slight decline due to faster growth from competitors like Huawei and Xiaomi [9]. - In the Chinese market, Apple has experienced a drop in market share to 15%, ranking fifth, while Huawei regained the top position with 1220 million units shipped [9]. Future Outlook - Apple is expected to introduce a foldable iPhone by 2026, with projected shipments of 8 to 10 million units in the first year and growth to 25 million by 2027 [8]. - Despite a recent revenue increase in the Greater China region, challenges remain due to competitive pricing from rivals and potential market saturation [10].

Core Viewpoint - Pinduoduo has launched a significant discount campaign for the iPhone 17 series, offering the lowest prices available online, which may impact Apple's pricing strategy and market share in China [1][4]. Pricing and Discounts - The iPhone 17 is priced as low as 5099 yuan, the iPhone 17 Pro at 7999 yuan, and the iPhone 17 Pro Max at 8999 yuan on Pinduoduo, making it the most competitive launch price [1]. - A user reported a final price of 4999 yuan for the iPhone 17 256GB after applying additional coupons [3]. - In comparison, Apple's official pricing for the iPhone 17 256GB is 5999 yuan, with higher prices for other models [4]. Market Dynamics - The pre-sale for the iPhone 17 series faced significant demand, with over 343,000 reservations for the standard model and 227,000 for the Pro Max on JD.com [7]. - Apple's high-end market share remains strong at 62%, but it has seen a slight decline due to faster growth from competitors like Huawei and Xiaomi [10]. Competitive Landscape - Huawei regained the top position in the Chinese market with 1.22 million units shipped, while Apple shipped approximately 1.01 million units, resulting in a market share of 15% [10]. - The competition in the Chinese market is intensifying, with major brands like Vivo, OPPO, and Xiaomi closely following [10]. Future Outlook - Apple is expected to introduce a foldable iPhone next year, with projected shipments of 8 to 10 million units in 2026 and potential growth to 25 million units by 2027 [9]. - Despite a slight expected decline in iPhone sales in the fourth quarter, Apple is expanding its sales channels in China, including entering Douyin's marketplace [11].

Investment Rating - The report does not explicitly provide an investment rating for the TMT industry or specific companies within it [1]. Core Insights - The TMT sector outperformed the Shanghai Composite Index, with significant weekly gains in electronics (6.15%), media (4.27%), computers (3.37%), and communications (3.00%) [3]. - Apple's recent product launch on September 10, 2025, introduced the iPhone 17 series, AirPods Pro 3, and updated Apple Watch models, maintaining a "more for the same price" strategy which is expected to boost sales [3]. - The report highlights potential investment opportunities in Apple's supply chain, particularly in PCB, VC cooling, titanium alloy 3D printing, and ultra-hard glass sectors [3]. Weekly Market Review - The TMT sector's performance from September 8 to September 12 showed strong gains, with electronics leading the way [3]. - Notable sub-sectors included printed circuit boards (13.07%) and digital chip design (11.75%) [3]. Industry News and Key Company Announcements - Apple's product launch included significant upgrades in hardware, such as the A19 Pro chip, improved camera systems, and the introduction of eSIM technology [3]. - The report mentions various upcoming industry events, including the Tencent Global Digital Ecosystem Conference and Huawei's Global New Product Launch [16]. - Key developments in AI and cloud services were noted, including advancements from Alibaba and Tencent in AI model architectures and applications [16][20]. Company Announcements - Oracle reported a 359% increase in RPO contract backlog, indicating strong future revenue potential [28]. - Companies like Nvidia and SK Hynix are making strides in AI-related technologies, with Nvidia launching a new GPU designed for long-context workloads [25][27]. - The report also highlights significant investments in AI and cloud infrastructure, with companies like OpenAI and Google Cloud securing large contracts [20][24].

Core Insights - Xiaomi Group is set to launch the new Xiaomi 17 series this month, which includes three models: Xiaomi 17, Xiaomi 17 Pro, and Xiaomi 17 Pro Max [1] - The Xiaomi 17 series will feature the global debut of the fifth-generation Snapdragon 8 Supreme mobile platform [1] - The standard version of Xiaomi 17 will see comprehensive upgrades without an increase in price, while the Xiaomi 17 Pro is positioned as a compact technology imaging flagship, and the Xiaomi 17 Pro Max is labeled as the pinnacle technology imaging flagship [1] - The company plans to introduce some unique new features in this smartphone launch [1]

小米集团合伙人、总裁，手机部总裁，小米品牌总经理卢伟冰9月15日宣布，全新小米17系列，本月就 会和大家见面。 卢伟冰称，5年前，我们开启高端化战略，向最伟大的对手学习，坚定对标 iPhone。迄今，苹果依然非 常出色。iPhone 17 系列的成功大家都看到了，但我们依然很有信心，才会同代同级地直面iPhone。 随后，小米创办人雷军转发该微博，并写道：小米17系列，产品力跨代升级，全面对标iPhone，正面迎 战！ 责任编辑：王翔 ...

iPhone的印度产能已占25%，但核心零件还得靠中国供应链撑腰。库克这次拼了命挤爆"牙膏"，高端配 置下放，玩性价比，结果资本市场还是不买账，市值一天蒸发了3700亿？这究竟是咋回事？ ...

Group 1 - The article discusses the potential for investors to identify undervalued stocks that are mispriced by the market as the third quarter comes to an end [1] - It suggests that joining a specific investment group, Out Fox The Street, may provide insights on positioning in these stocks [1] Group 2 - There are no specific companies or stocks mentioned in the article, and it emphasizes the importance of conducting personal research before making investment decisions [2][3][4]

Group 1 - Jim Cramer discussed Apple Inc. (NASDAQ:AAPL) as part of his optimistic outlook on American ingenuity, highlighting its significance in the tech industry [1] - Cramer emphasized Corning's partnership with Apple, noting a $2.5 billion investment from Apple and the importance of Corning's glass in every iPhone sold globally [2] - Cramer expressed excitement about Corning as a potential high-performing stock, indicating it could be a "rocket ship" in the market [2] Group 2 - The article suggests that while AAPL has investment potential, certain AI stocks may offer higher returns with limited downside risk, indicating a shift in focus towards AI investments [3] - A mention of a report on a cheap AI stock that benefits from Trump tariffs and onshoring, suggesting alternative investment opportunities [3]