Core Viewpoint - Apple has experienced a slowdown in growth, with its stock performance over the past five years closely matching that of the S&P 500, indicating a shift from its previous status as a high-growth stock [1][2]. Financial Performance - Apple reported record quarterly revenue of $143.8 billion for Q1 of its 2026 fiscal year, with iPhone sales contributing over half of this revenue at $85.3 billion [4]. Market Position and Growth Potential - As one of the largest publicly traded companies with a market cap of $2.3 trillion, Apple's growth is expected to slow as it matures, making mid-cap and small-cap stocks more attractive for explosive growth potential [2]. - Despite its strong brand loyalty and popular products, Apple needs to innovate further, especially in artificial intelligence, to achieve significant growth in the future [5]. Product Development and Innovation - Recent product launches, such as the Apple Vision Pro, have not met sales expectations, and Apple's advancements in AI have been slower compared to competitors [3][5]. - The company has opted to utilize Google Gemini for its AI models, indicating a reliance on external technology for its AI initiatives [3]. Investment Considerations - Current recommendations from analysts suggest that Apple is not among the top stocks to buy at this time, with alternative stocks identified that may offer higher potential returns [6].

该中心的建立，旨在重塑政企采购的决策模式与价值逻辑，将采购从"基于规格参数的书面比价"转 向"基于亲身体验的价值发现"。它不仅能够让客户得以直观感知产品价值，更通过深度融合的场景体 验、专属定制化方案、本地化服务及生态合作等方式，精准回应并解决企业采购中的核心痛点，驱动采 购行为从"商品购买"向"解决方案与服务采购"升级，实现采购与企业的研发、生产、营销、管理、运营 深度融合，为政企客户开拓更大的降本增效空间。 2月3日，京东政企3C产品解决方案中心正式开业。作为国内首个以3C为主题面向政企客户量身打造的 一站式沉浸式体验场域，该中心集前沿产品展示、场景化解决方案与专业服务于一体，是京东政企业务 数智采购供应链能力从线上到线下的一次立体化呈现，标志着京东政企业务在深化客户服务、构建全链 路服务生态上迈出关键一步。 目前，依托多元化优商优品供给、数智化采购平台支撑、全场景服务覆盖能力、全国性物流履约网络及 全链路合规治理体系，京东政企业务服务超过800万家政企客户，其中包括3万多家大型客户，覆盖90% 以上在华世界500强企业、95%中国民营经济500强企业，以及全国70%的专精特新企业。此次3C产品解 决方案 ...

图片来源：naver 处理器上，iPhone Ultra 预计将搭载 A20 Pro 芯片。 芯片将采用台积电全新 2nm 工艺，相比 A19 性能提升 15%，能效提升 30%。 值得一提的是，据 @定焦数码爆料，折叠屏 iPhone 还有望参考 OPPO Find N5 的内部设计。 按照他的爆料，OPPO Find N5 的核心铰链及其精密部件均已被苹果采纳。 这意味着在一些零部件的采用上，折叠屏 iPhone 可能会与安卓阵营「师出同门」。 同时，折叠屏 iPhone 还有望配备 5500mAh 左右的电池容量。 如果消息属实，这可能也是史上电池容量最大的 iPhone 了。 图片来源：社交平台 不出意外的话，折叠屏 iPhone 最快将在今年 9 月发布。 总之，让我们拭目以待吧。 以上，就是近期关于折叠屏 iPhone 的主要爆料了。 你期待这款新机吗？ 欢迎在评论区留言，和大家一起讨论。 凭借 iPhone 17 系列，苹果这段时日可谓风头无两。 在近期举办的股东电话会议上，相关的财报数据也彰显了这一点。 苹果当季营收为 1438 亿美元（约合 1 万亿元人民币），同比增长 16%，创下公司历史 ...

Group 1: Tesla's Robo-Taxi Developments - Tesla's robo-taxis without safety drivers are now operating in Austin, Texas, marking a significant step in their autonomous vehicle journey, although it is not seen as a watershed moment compared to competitors like Waymo and Zoox [2][5] - The company has faced challenges, including reported accidents with vehicles even when safety drivers were present, raising questions about the safety and readiness of their technology [3][11] - Tesla's partnership with Lemonade for insurance offers a pay-per-mile product that could reduce insurance costs by 50% when full self-driving is activated, indicating a trend towards smarter insurance solutions in the automotive industry [6][7][8] Group 2: Subscription Model and Consumer Preferences - Tesla is transitioning to a subscription model for its Full Self-Driving (FSD) feature, charging $100 per month, which raises questions about consumer acceptance and the potential impact on revenue growth [12][13] - The shift from upfront payments to subscriptions may reflect challenges in consumer willingness to pay large sums for features that competitors include as standard [13][14] - The subscription model's success is uncertain, as consumer preferences may resist paying for features that have traditionally been included in the purchase price of vehicles [12][13] Group 3: Berkshire Hathaway's Strategic Moves - Greg Abel, the new CEO of Berkshire Hathaway, is reportedly unwinding the Kraft Heinz deal, which may signal a shift in strategy and a response to previous management decisions [17][18] - Berkshire Hathaway is sitting on approximately $382 billion in cash, prompting discussions about potential acquisitions to enhance portfolio performance [18][36] - The company may consider acquiring firms that align with its focus on American businesses, such as Sysco or United Rentals, to capitalize on infrastructure investments [36][37] Group 4: NYSE and Tokenization of Stocks - The New York Stock Exchange is exploring the tokenization of stocks, which could enable 24/7 trading and reduce restrictions on trading, potentially transforming the trading landscape [47][48] - Tokenization may lead to instant settlement and lower trading costs, but it also raises regulatory concerns and questions about market dynamics and price discovery [48][49] - The potential for tokenization extends beyond stocks to other assets, such as real estate, indicating a broader trend towards increased liquidity in various markets [53][54]

智通财经APP获悉，苹果公司(AAPL.US)已成功收购以色列人工智能初创企业Q.ai，该公司专注于研发 面部动作识别技术与无声交流解析系统。苹果周四未披露交易金额，但据报道，本次收购价高达20亿美 元，标志着这家iPhone制造商近年来为数不多的重大并购案之一。 从战略布局来看，苹果此次重金招纳旧部并吸纳顶尖 AI 感知技术，意在强化其在下一代计算平台上的 交互壁垒，特别是针对 Apple Vision Pro 及传闻中的轻便型 AR 眼镜。 相比于Meta(META.US)或谷歌(GOOGL.US)侧重于生成式大模型的算力竞争，苹果的收购逻辑显然更倾 向于将 AI 技术深度整合进底层硬件，利用其自研芯片的边缘计算能力实现毫秒级的面部姿态感知。 "我们将先进的机器学习与物理学相结合，打造出了真正具有深度且独一无二的产品，"曾创立被苹果收 购的PrimeSense公司、并于数年前离开苹果的迈泽尔斯在一份声明中表示。"成为苹果的一部分，开启 了突破界限、将这些体验带给全球用户的非凡可能性。" 此次收购再次印证了以色列科技生态在苹果硬件演进史中的核心地位。回顾过往，从奠定 Face ID 基础 的 PrimeSe ...

Core Insights - Meta is shifting its focus from virtual reality (VR) to artificial intelligence (AI) and smart glasses, raising concerns about the future of the VR industry [1][3][4] - The company recently laid off 10% of its Reality Labs employees, primarily affecting VR-related projects, resulting in approximately 1,000 job cuts [2][4] - Meta's Reality Labs has incurred over $70 billion in cumulative losses since late 2020, indicating significant financial challenges in the VR sector [4] Company Actions - Meta's layoffs are part of a broader strategy to redirect investments from VR to AI and wearable devices, such as the Ray-Ban Meta smart glasses [3][4] - The company introduced the $799 Meta Ray-Ban Display glasses at its annual Connect conference, marking a departure from its traditional focus on VR hardware [5][6] - Meta's tech chief Andrew Bosworth emphasized that the company is not abandoning VR but is adjusting its investment strategy due to slower-than-expected growth in the VR market [6] Industry Trends - Market research firm IDC reported a significant transition in the Extended Reality (XR) device segment, with VR and mixed-reality headset shipments expected to drop by 42.8% to 3.9 million units in 2025 [9] - In contrast, AI-powered smart glasses are projected to grow by 211.2% year-over-year, reaching 10.6 million units shipped in 2025 [9] - The VR headset market is characterized as niche, appealing primarily to a small segment of video gamers, with average consumers showing little interest in bulky headsets [10] Developer Perspectives - VR developers express concern over the future of the industry, noting that while Meta is not completely abandoning VR, a significant shift is underway [5][6] - Some developers believe that Meta's focus on Horizon Worlds has hindered third-party developers' visibility and opportunities within the VR ecosystem [12][13] - The enterprise VR market is showing slow but positive growth, as companies recognize the return on investment associated with deploying VR headsets [16]

想象这样一个场景：足不出户，却能"坐"在洛杉矶加密网球馆的场边第一排，眼前是勒布朗·詹姆斯（LeBron James）的精彩传球，耳边是球迷的高声呼 喊，仿佛整个人被瞬间传送至2025-26赛季NBA赛事的激烈现场。 而这样的沉浸式观赛，并不只是想象。就在不久前的1月9日，NBA球迷们就有机会率先体验到这一全新的观赛选择。不过前提是，你需要拥有一台售价 高达3499美元（约合人民币2.4万元）的Apple Vision Pro。作为苹果推出的首款空间计算头显，它融合AR与VR技术，旨在提供沉浸式的数字交互体验。自 2023年上市销售以来，Vision Pro的内容生态长期以纪录片和影视剧集为主。 而在今年1月5日，苹果联合Spectrum首次推出Vision Pro沉浸式NBA直播赛事内容，共精选6场湖人赛事，首场直播即为湖人队对阵雄鹿队。这不仅是该设 备首次发力体育赛事直播这一核心内容领域，也是美国顶级体育联盟首次通过Apple Vision Pro进行4K沉浸式直播的赛事。 目前，这项直播服务的使用权限分为两种：身处湖人队转播区域（南加州、内华达州或夏威夷）的Apple Vision Pro用户，可通过订 ...

Core Insights - Meta's strategic shift from a strong push for the metaverse to a more cautious approach highlights a misalignment in timing, execution, and vision for technology deployment [1][3] - The absence of eye-tracking technology in Meta's VR headsets has significantly hindered the scalability of VR, while competitors like Google, Valve, and Apple have integrated this feature into their latest devices [3][5] - Meta's leadership decisions and design flaws have led to a loss of competitive advantage in the VR market, raising questions about the future direction of the company [8][9] Group 1: Strategic Decisions and Market Position - In 2014, Mark Zuckerberg's acquisition of Oculus VR was based on the belief that virtual reality would become a cornerstone of personal computing, but by 2026, the technology landscape has evolved with new competitors [3][4] - Meta's recent strategic adjustments, including the removal of eye-tracking from the Quest 3, have been criticized as a significant misstep, especially as competitors leverage this technology for enhanced user experiences [4][5] - The company's focus on building a metaverse has been questioned by industry experts, suggesting that the emphasis should be on practical products rather than abstract technological frameworks [8][9] Group 2: Technological Development and Competition - Eye-tracking technology has been recognized as a game-changer for VR software design, yet Meta has failed to prioritize its integration into their products, leading to a gap in their offerings compared to competitors [4][6] - The timeline for Meta's product releases has been criticized, with significant delays in launching eye-tracking headsets, allowing competitors to gain a foothold in the market [5][9] - The strategic misalignment within Meta has resulted in a workforce exodus and a reevaluation of their VR/AR initiatives, indicating a need for structural changes to regain market relevance [8][9] Group 3: Future Directions and Recommendations - As Meta looks to the future, there is a suggestion to rebrand their next generation of headsets to "Oculus," which could resonate better with consumers and align with their gaming heritage [14] - The potential for Meta to pivot towards lighter headsets that incorporate eye-tracking and other advanced features is seen as a necessary step to compete with Apple's Vision Pro and similar products [14][15] - The ongoing evolution of VR technology and user expectations necessitates a reevaluation of Meta's product strategy to ensure alignment with market demands and technological advancements [12][13]

Core Insights - Meta has conducted a new round of layoffs, affecting over 1,000 employees, primarily in the Reality Labs department responsible for VR/AR hardware and metaverse projects [1][2][4] - The company is shifting its focus from the ambitious metaverse vision to more practical applications like AI smart glasses, indicating a strategic retreat from its previous investments in immersive digital environments [2][4][12] - The metaverse, once seen as the future of interaction, is now viewed as a failed concept, with significant financial losses reported in Meta's metaverse initiatives [3][7][11] Company Strategy - Meta's layoffs represent a significant strategic withdrawal from the metaverse vision that CEO Mark Zuckerberg has promoted since 2014, with plans to cut about 10% of the Reality Labs workforce, which consists of approximately 15,000 employees [4][12] - The company has invested heavily in the metaverse, with losses exceeding $60 billion since 2020, and Reality Labs alone has accumulated losses of over $70 billion since 2021 [7][12] - The focus is now on developing AI technologies and products, with plans to produce over 10 million AI glasses by 2026, reflecting a shift in priorities towards more immediate technological advancements [14][16] Industry Trends - The concept of the metaverse is being redefined, with Gartner predicting that by 2026, 30% of organizations will be ready with products and services for the metaverse [14] - The competition is shifting from VR to mixed reality (MR) and lightweight AI glasses, with major companies like Meta and ByteDance entering the market with new products [14][15] - The industry is witnessing a consolidation of efforts towards AI integration, with Meta establishing a new department called "Meta Computing" to enhance its infrastructure and capabilities in AI [16][17]

Core Insights - The article discusses Meta's strategic shift from a focus on the metaverse to AI-powered smart glasses, marking a significant change in direction for the company [3][4][9] Group 1: Meta's Strategic Shift - Meta announced a 10% workforce reduction in its Reality Labs division, affecting approximately 1,500 employees, as part of a broader strategy to cut the metaverse budget by 30% and redirect resources to AI smart glasses [3][5][9] - The company has incurred a cumulative operating loss of $73 billion in its Reality Labs division over the past four years, highlighting the financial burden of its previous metaverse ambitions [5][6] - Meta's new focus is on AI and mixed reality (MR) technologies, moving away from the immersive VR experiences that characterized its earlier strategy [9][12] Group 2: Market Trends and Comparisons - The article contrasts Meta's approach with Apple's, noting that while Apple continues to prioritize high-end display technology in its Vision Pro, Meta is betting on AI integration in lightweight glasses [14][16] - The rise of AI glasses in the market is seen as a response to user preferences for practical applications rather than immersive virtual experiences, with Meta's new strategy aligning with this trend [9][20] - Chinese tech companies are also adapting to the changing landscape, focusing on practical applications of technology rather than the speculative aspects of the metaverse [17][20] Group 3: Future Implications - The article suggests that AI glasses may soon reach a pivotal moment akin to the iPhone's launch, with advancements in Micro-LED technology and solid-state batteries expected to enhance functionality [21] - New interaction methods, such as voice and gesture controls, are anticipated to replace traditional touch interfaces as the technology evolves [21] - The concept of a pervasive, invisible metaverse is introduced, where augmented reality information seamlessly integrates into daily life without requiring dedicated applications [21][22]