来源：环球网 该报告基于SellCell内部以旧换新数据及40家独立iPhone收购商的二级市场价格趋势分析得出，iPhone 17 Pro Max在以旧换新Top20机型中占比达11.5%。其占比从去年11月末的5.1%增至今年2月初的11.5%， 约12周内实现翻倍，增长势头迅猛。值得注意的是，86%的被置换机型处于几乎全新或良好状态，可见 不少用户在购买后不久便选择置换。 【环球网科技综合报道】2月19日消息，据外媒macrumors报道，SellCell发布的最新以旧换新数据显 示，苹果最新旗舰机型iPhone 17 Pro Max上市仅数月，便迅速登顶独立以旧换新市场，成为当前最热门 的以旧换新智能手机，打破了旧机型主导以旧换新市场的常规格局。 对比来看，iPhone 15 Pro Max与iPhone 14 Pro Max表现依旧突出，各占以旧换新总量的7.3%；iPhone 16 Pro Max与iPhone 13各占7.2%。据悉，Top20机型合计占所有以旧换新活动的47%，而iPhone 17 Pro Max 作为新机能脱颖而出，实属罕见——通常以旧换新市场由保有量高的旧机型主导。 保值力 ...

Core Viewpoint - Despite signs of slowing iPhone sales growth, a prediction indicates that Apple’s smartphone sales are set to rebound, potentially boosting its stock value [1] Group 1: iPhone Sales and Pricing - Apple reported a 4% decline in iPhone revenue over the past six months compared to the previous year [1] - Analyst Dan Ives predicts that the upcoming iPhone 15 will encourage consumers, particularly those with approximately 250 million outdated iPhones, to upgrade [3] - The average selling price of new iPhones is expected to rise to around $925, an increase of $100 compared to the average price over the past 18 months [3] - Current pricing for the iPhone 14 Pro Max starts at $1,099, while the Pro model starts at $999, and the base model is available for $799 [3] Group 2: Services Business Growth - Ives believes that Apple's services business, which includes revenue from cloud services, App Store, Apple TV, fitness, and advertising, is significantly undervalued [4] - The services revenue is projected to approach $100 billion this year, up from approximately $50 billion in 2020 [4] - In the first half of this year, Apple’s services revenue reached $41.7 billion, reflecting a 6% year-over-year growth [4] Group 3: Stock Price Prediction - Ives has raised the target price for Apple’s stock to $220 per share, indicating a belief that the current stock price of around $181 is relatively cheap [4] - The stock has been on an upward trend, reaching historical highs in June [4] - Analysts have expressed unprecedented optimism regarding Apple's future, regardless of the potential success of the Vision Pro or the perceived value of the iPhone [4]

Core Insights - Apple has selected High Mobility Oxide (HMO) as a replacement technology for Low-Temperature Polycrystalline Oxide (LTPO) and is advancing related research [1][2] - HMO technology aims to enhance the electronic mobility of oxide TFTs while retaining the low leakage current and low processing temperature advantages [1] - Compared to LTPO, HMO offers lower power consumption and reduced manufacturing costs, simplifying the required equipment and process flow [1] Summary by Sections HMO Technology Development - Apple is currently in discussions with South Korean display panel manufacturers regarding the development of HMO technology [2] - The specific application scenarios for HMO technology are not yet clear, but it is speculated that Apple aims to expand the use of oxide technology, traditionally dominant in large displays, into IT and mobile devices with smaller OLED products [2] Historical Context - Apple first applied for LTPO patents in 2014 and introduced it in the Apple Watch 4 in 2018, followed by its application in the iPhone 14 Pro Max in 2022 [2] - Based on this trajectory, it is expected that products featuring HMO TFT technology from Apple may take several years to be released [2] Industry Impact - Industry insiders suggest that if Apple, which has historically driven LTPO technology, successfully advances HMO technology, it could significantly alter the landscape of the industry [4]

Investment Analysis - Investing in Bitcoin (BTC) instead of buying an iPhone each year from 2017 to 2024 would have yielded significant profits, with an average profit of over 800% across all years [4] - The analysis shows zero losses when investing in BTC instead of purchasing iPhones during the specified period [4] - The best buying opportunity for BTC was during the 2018 bear market crash [2] Comparative Cost Analysis - The price of iPhones increased slightly from $1,000 to $1,200 over eight years (2017-2024) [4] - The amount of BTC needed to purchase an iPhone in 2025, with BTC at approximately $111,000, is just 0.011 BTC [9] Profitability Examples - Purchasing an iPhone X in 2017 required 0.072 BTC, which is now worth approximately $7,992, resulting in a profit of $6,993 (700% gain) [1] - Purchasing an iPhone XS Max in 2018 required 0.289 BTC, which is now worth approximately $32,079, resulting in a profit of $30,980 (2,815% gain) [2]

Core Viewpoint - The article highlights the phenomenon of selling Xiaomi car order screenshots, indicating a growing trend of social vanity and the commercialization of digital representations of ownership, similar to previous trends with iPhone screenshots [1][6]. Group 1: Xiaomi Car Orders - Xiaomi's SU7 Ultra has gained significant attention, with reports of high demand leading to the sale of order screenshots on various platforms [1]. - The price for these order screenshots ranges from 1.46 yuan to 9.9 yuan, with some sellers indicating that these screenshots are for entertainment purposes only [2]. Group 2: Social Vanity and Digital Ownership - The trend of purchasing digital representations for social status is not new, as seen with the iPhone's "Dynamic Island" feature, where users bought screenshots to project ownership of high-end devices [6][8]. - The article draws parallels between the current trend of selling Xiaomi order screenshots and past behaviors where individuals sought to enhance their social image through digital symbols of ownership [11]. Group 3: Risks and Legal Implications - Legal experts warn that order screenshots may contain sensitive information that could be misused for fraudulent activities, highlighting potential risks associated with such transactions [13]. - There are reports of scams related to the sale of digital screenshots, where sellers have been tricked into compromising their accounts under the guise of proving ownership [13].

这是半佛仙人的第1783篇原创 1 202 5年4月15日，商业史会绕不过这个日子。 因为美团在首页增加了【闪购】。 这代表【即时零售】和【快递电商】两种模式，终于开始了正面碰撞。 同一个东西，同一个价格，送得越快的，就是对我来说成本更低的。 因为很多商品的需求是即时发生的，你现在需要，如果能立马得到满足，那么带来的体验将会是根本性的不同，你的生活逻辑，都会改 变。 电商已经很快了，现在可以做到次日达乃至当日达。 这是一场规模巨大的战争，大到什么程度，大到美团【非餐饮】的即时零售的订单量破了一千八百万。 而且这些产品不是简单的超市外卖，而是涵盖了电商所有主流产品，小到指甲刀花盆，大到3C手机。 大到不仅消费者开始大规模使用，商家也在大规模入驻，供需双爆发。 正常，毕竟美团闪购的账期，只有3天，你是商家你也一定会来。 这个账期是什么概念？ 是朋友借钱，这个时候还都算神仙信誉的概念。 而很多电商平台不仅账期长，还趁着你长账期周转不开的时候给你放贷赚利息。 比起电商平台那种资金链压榨，不入驻美团只能说明还是太有钱，房东给的压力不够大。 在这场战争中，美团闪购是被严重低估的，因为这不是简单的打架，这本质上是如何定义未 ...