All indications suggest that the iPhone 17 may be more popular in the market than its predecessor.
A report from research firm Counterpoint shows that the iPhone 17 series saw strong early sales in China and the United States, outselling the iPhone 16 series by 14%, with the base model of the iPhone 17 nearly doubling in sales in China.
The increase in order volume has further impacted delivery times, according to Apple. Store and carrier data show that iPhone 17 shipping times are longer than in previous years, with wait times increasing by approximately 13% compared to last year. (Bank of America) Analysts point out that this could foreshadow a broader "upgrade cycle." He stated, "The longer the lead time, the better the product cycle usually is."
Following the aforementioned news, Apple's stock price rose approximately 4% in the US, reaching a record high, and its total market capitalization rose to $3.89 trillion, surpassing Microsoft. Apple has become the second-largest company by market capitalization in the United States. Institutions such as Evercore ISI are optimistic that iPhone demand will drive Apple's fourth-quarter performance, stating, "iPhone demand data suggests it may have exceeded the average iPhone replacement cycle."
Looking back at September 12th, the day the iPhone 17 pre-orders opened, according to JD.com... Data shows that within just one minute of the pre-sale opening, the sales volume of the iPhone 17 series surpassed the total sales volume of the entire day last year, setting a new sales record.
What caused this wave of phone upgrades? Dongfang Securities attributes it to the iPhone 17 series' advantages in appearance, heat dissipation, and battery life. Upgrades to core hardware components, etc. (Tianfeng Securities) It is believed that with the release of the iPhone 17 series, Apple has completed a precise restructuring of its product lineup: the standard version made up for the shortcomings of high refresh rate screens, the Air version redefined the slim flagship with a thickness of 5.6mm, and the Pro series broke through the performance boundaries with its horizontal camera and VC cooling system.
The agency pointed out that Apple is implementing a "technology for all" strategy, making high-end features available to lower-end users to expand its user base, while maintaining brand premium with the Pro series, putting pressure on the Android camp .
It's worth noting that A-share listed companies are indispensable behind this "technology for all" practice. For example, Yuhuan CNC... (002903.SZ) stated on its interactive platform that the company provides grinding and thinning processing services for exterior component materials for products such as the iPhone 17 series.
In addition, according to Lens Technology According to a report from Lens Technology (300433.SZ), Apple's Chief Operating Officer, Sabih Khan, and his delegation visited Lens Technology in Taizhou, Jiangsu Province on October 14th to inspect Lens Technology 's practices in intelligent manufacturing and other areas. At Lens Technology's Taizhou factory, Sabih Khan carefully observed the process of the iPhone 17's mid-frame being processed from raw materials through multiple precision processes into the final product.
In fact, the market has always focused on the opportunities presented by the iPhone replacement cycle in the Apple supply chain. Since August of this year, Crystal Optoelectronics... Shennan Circuits Lens Technology , Luxshare Precision Multiple Apple concept stocks The company received visits from groups of institutional investors, with each group hosting over 200 research institutions. A research report from Tianfeng Securities stated that the iPhone 17 series led the launch of multiple new products, highlighting advancements in chips, heat dissipation, and sensors. With a comprehensive upgrade, we are optimistic about the "fruit supply chain" performing better than expected.
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(Article source: CLS)
