据悉，此次国补政策覆盖范围广泛，不仅限于手机产品，还涵盖iPad、Apple Watch、Mac等苹果全系数 码设备。根据政策细则，手机、平板、智能手表等数码产品单价不超过6000元即可享受15%补贴，最高 立减500元；电脑类产品补贴比例提升至20%，最高可省2000元。以iPhone 17 256GB为例，其原价5999 元符合补贴上限要求，直接触发500元满额补贴，成为本轮政策中性价比最高的旗舰机型。 此外，上海地区同步开放线下直营店国补通道，补贴力度与北京完全一致。（青山） 来源：环球网 【环球网科技综合报道】11月27日消息，苹果官网最新信息显示，北京地区的苹果Apple Store直营店正 式加入国家补贴行列，消费者在购买指定产品时可享受显著优惠。其中，iPhone 17 256GB版本作为热 门机型，可享受500元补贴，补贴后到手价仅需5499元。 ...

今日热点导览 警方发现一工程公司负责安装上述相关材料，相信该工程公司负责人严重疏忽，导致火势迅速蔓延，造成重大伤亡。警方拘捕的3人为工程公司负 责人，包括2名董事、1名工程顾问，年龄介于52岁至68岁。（新华社） 华与华创始人称西贝被人算计，罗永浩要求其必须公开道歉 11月26日，罗永浩怒怼华与华公司创始人华杉，要求其就25日的发言公开道歉。华杉此前发文称："西贝是中国餐饮业的天花板，无论对顾客还是 对员工，都是诚心诚意做到极致。被诱入黑白颠倒的网络罗刹国，被人算计。" 罗永浩转发该微博并质问："谁诱的？谁算计了？你想干什么？" 并要求对方26日下午6点前公开道歉。 TOP3大新闻 香港大埔火灾已致44人遇难，另有45人受伤人 香港警方和消防部门27日凌晨召开记者会宣布，大埔屋邨宏福苑火灾目前已造成44人遇难，45人受伤。警方已拘捕3名涉嫌误杀的男子。 香港警方展开调查，发现建筑物外墙有保护网、防水帆布、塑料布，疑未符合防火标准，另有一座未波及的大厦每层电梯大堂窗外都有发泡胶包 封，易燃且可能加速火势蔓延，不排除发泡胶是迅速蔓延的原因。 对此，11月26日，中国新闻周刊致电华与华，说明来意后对方直接挂断电话。 ...

Core Insights - Apple Inc reached a new all-time high stock price of $280.38, resulting in a market valuation of $4.12 trillion, indicating strong investor confidence despite succession concerns [1][3][9] Succession and Leadership - Succession clarity under potential CEO John Ternus is becoming a focal point for investors, suggesting a narrative shift towards a hardware-first and AI-enhanced future for Apple [2][5] - Tim Cook is expected to transition to the Chairman role, which may help maintain continuity and avoid any identity crisis for the company during the leadership change [4][9] Financial Performance - Apple has demonstrated impressive financial growth, with approximately 15% EPS growth over the past 15 years, and the stock has increased by 19% in the past year, 42% in six months, and 18% in 52 weeks [3][9] Product Strategy - The likely succession of Ternus, a hardware-focused leader, signals Apple's intent to prioritize hardware innovation and AI integration through its devices rather than following competitors' cloud strategies [5][6][7] Market Positioning - Apple's commitment to China and its strategic positioning within the $2.9 trillion private-sector AI commitments highlight its disciplined approach to AI, setting it apart from competitors [7] - The current market conditions suggest that the bullish case for Apple is under-owned, with a strong emphasis on innovation as the defining factor for its future [8][9]

Investors who don't own these seven stocks are almost certainly underperforming the broader market.The term "Magnificent Seven" was coined by Wall Street in 2023 to describe a group of seven innovative technology companies that are leading the way in areas like artificial intelligence (AI), cloud computing, semiconductors, social media, electric vehicles (EVs), and more. They are worth a combined $20.6 trillion, and they have a habit of delivering blistering returns for investors. In fact, the Magnificent S ...

北京时间 6 月 14 日早间消息，据报道，苹果股价创下新高，表现十分出色，但分析师却暗中担忧： iPhone需求各可能会遇冷，服务业增速可能会放缓。给予苹果乐观评级的分析师开始减少，数量已经降 到 2 年多来最低。 瑞银集团（UBS Group AG）本周将苹果股票评级从"买入"降为"中性"。在关注苹果的分析师中，建 议"买入"的分析师只占 67%，这是 2020 年年末以来最低值，在众多市值极高的企业中也并不出色。 瑞银分析师大卫 沃格特（David Vogt）在报告中指出，今年下半年 iPhone 和 Mac 的需求可能会承受压 力，服务部门（包括 App Store、苹果音乐、Apple TV 及其它订阅产品）的增速正在放缓。 虽然沃格特将苹果目标价从 180 美元上调至 190 美元，但相比周一的收盘价，190 美元只高出 3%。沃 格特称，苹果的市盈率约为 29 倍，达到近十年来最高点，比大盘高出约 50%。 报告认为："在未来 6 至 12 个月，考虑到 iPhone、PC、App Store 疲软，从风险回报比的角度看苹果股 票没有太多吸引力。" 多年来，苹果股价走势良好，市值奔向 3 万亿美 ...

据报道，苹果公司还要再过几周才能发布下一代搭载M2芯片的Mac电脑，但这并不妨碍它为后续的M3 处理器做准备。 该公司已经开始测试搭载M3芯片的下一代Mac，并通过测试第三方应用来确保这些设备与其软件生态 系统的兼容性。这并非外界首次得以通过这一流程一窥新处理器的消息。之前，苹果也曾经披露过即将 发布的15英寸MacBook Air和基于自家处理器的Mac Pro的规格，以及多款基于M2处理器的设备配置。 苹果需要借助新的特色来吸引客户，而M3有望对此形成促进。苹果的Mac业务在上一季度遭遇31%的销 量下滑，甚至没有达到已经下调的分析师预期。 那么，M3究竟是什么样子？至少有一个版本拥有12个CPU核心、18个图形核心和36GB内存。这一数据 是由App Store开发者收集的。作为这款芯片的主处理器，其CPU由6个高性能核心组成，可以处理运算 量最大的任务，还有6个能效核心可以处理运算量较小的任务。 在此次测试中，该芯片运行在新款高端MacBook Pro上，搭载即将发布的macOS 14.0系统，具体采用的 可能是基础版的M3 Pro芯片。 M2 Pro（2023年1月）： -10个CPU核心（6个高性 ...

Core Insights - The tech giant has laid off several dozen employees in its sales division, marking a rare occurrence of layoffs at the company [1][4] - The layoffs primarily affected account managers and executives who worked with government agencies and educational institutions [2][3] - This move is part of a broader strategy to streamline operations and reduce internal redundancies, as most sales occur through third-party retailers [6] Group 1: Layoff Details - The layoffs involved several dozen employees, specifically targeting roles within the sales division [1][2] - Positions affected included account managers and executives responsible for partnerships with large enterprises, government organizations, and educational institutions [2][3] - The layoffs also impacted staff managing briefing centers located at Apple offices [3] Group 2: Strategic Implications - The layoffs indicate a shift in how Apple sells its products to various organizations, focusing more on channel sales through third-party retailers [4] - The company aims to enhance efficiency and cut costs by eliminating duplicate efforts within its sales structure [6] - Apple has stated that it continues to hire and that affected employees can apply for new roles, suggesting a commitment to maintaining a dynamic workforce [5]

苹果CEO库克（Tim Cook）虽无退休迹象，但其65岁的年龄引发市场对这家全球最具标志性公司继任 计划的广泛关注。尽管库克本人显示出继续执掌苹果的强烈意愿，且公司对高管并无强制退休年龄限 制，但分析师、投资者和业界观察人士已将目光转向四位内部实权派高管。 11月25日，据媒体报道，苹果内部目前有四位高管被视为潜在继任者，分别负责公司不同核心业务板 块。这些候选人包括硬件工程负责人John Ternus、软件工程主管Craig Federighi、服务业务负责人Eddy Cue以及营销主管Greg Joswiak。 继任问题对投资者至关重要，因为领导层过渡可能影响苹果的战略方向和市场表现。尽管公司近期在人 工智能领域遭遇挫折，但其硬件-软件-服务的整合模式仍是竞争优势核心。 库克自2011年接任CEO以来为股东创造了巨大价值，推动苹果市值增长超过十倍。75岁的苹果董事长 Art Levinson已达到董事会成员通常退休年龄，这可能为库克提供晋升董事长的机会，从而为新CEO让 出空间。 硬件工程主管：产品整合的核心 报道称，John Ternus执掌硬件工程部门，负责统筹苹果所有产品，包括最重要的iPhone ...

Apple Inc. (AAPL) is a leading multinational technology company headquartered in Cupertino, California. Apple designs, manufactures, and markets a broad range of consumer electronics, including the iPhone, Mac, iPad, and Apple Watch, as well as software, services, and digital content. Apple’s market cap stands at around $4.1 trillion, making it one of the most valuable companies in the world. Companies valued at over $200 billion are typically classified as “mega-cap stocks,” a category Apple easily falls ...

本文档仅供上海信鱼私募基金管理有限公司18860455898研究使用，请勿外传 ab 20 November 2025 Global Research UBS Global I/O Semiconductors Cloud AI: how tight could N3 foundry and CoWoS be in 2026? [ERRATUM] New analysis of N3 foundry supply-demand In this note, we set out our proprietary analysis of N3 foundry supply. Cloud AI accelerators including Nvidia's Rubin and ASICs like Google's TPUs and Amazon's Trainium are due to migrate from N4 to the N3 process in 2026, all to be carried out at TSMC. Our research in October highlighted TSMC' ...