，但在高端机型的拉动下，iPhone 营收将实现两位数增长，服务业务增速也将维持在 10% 至 15% 的区间。 ，ISI 预计苹果毛利率将维持在 47.6% 左右，并看好公司在 2026 财年实现中高个位数的营收增长和两位数的每 股收益增长。 ，调研数据显示，受 iPhone 需求强劲及产品组合优化推动，苹果业绩有望超出市场预期，且内存成本压力在 2026 年 3 月季度前将持续处于可控范围。 ，苹果 2026 财年第一季度营收将达 1405 亿美元，每股收益（EPS）为 2.71 美元，高于市场共识的 1374 亿美 元营收和 2.67 美元每股收益。 ，但在高端机型的拉动下，iPhone 营收将实现两位数增长， ，调研数据显示，受 iPhone 需求强劲及产品组合优化推动，苹果业绩有望超出市场预期，且内存成本压力在 2026 年 3 月季度前将持续处于可控范围。 ，苹果 2026 财年第一季度营收将达 1405 亿美元，每股收益（EPS）为 2.71 美元，高于市场共识的 1374 亿美 元营收和 2.67 美元每股收益。 ，2026 至 2027 财年 iPhone 营收将实现约 9% 的增长，其中 ...

Group 1 - The report highlights the upcoming Volcano Engine Original Power Conference focusing on AI cloud-native capabilities and the exploration of new paradigms in agent development [4][12] - The Apple WWDC is set to introduce significant updates, including a shift from numerical naming to a year-based system for its operating systems, enhancing user experience through AI innovations [4][15][16] - The report emphasizes the importance of monitoring five key sectors with marginal improvements: AI applications, self-control, new consumption, precious metals, and innovative pharmaceuticals [34] Group 2 - The report discusses the recent policies aimed at addressing "involution" in the automotive industry, promoting high-quality development and fair competition [36][39] - It notes that approximately 47 important policies were released last week, focusing on the automotive sector's healthy development and consumer market guidance [36][39] - The report suggests that the global stock market showed a mixed performance, with telecommunications, information technology, and materials sectors performing well, while daily consumption and public utilities lagged [4][36]