Understanding the Market | The mobile phone industry chain collectively rebounds, Apple achieves its best quarterly performance in history, and iPhone business sets a quarterly revenue record
The mobile industry chain is collectively recovering, with Q TECH, AAC TECH, COWELL, and SUNNY OPTICAL all seeing stock price increases. Apple announced its second-quarter financial report, with revenue of $111.2 billion, a year-on-year increase of 17%, and net profit of $29.6 billion, a year-on-year increase of 19%. Apple CEO Tim Cook stated that they achieved the best quarterly performance in history, with the iPhone business setting a quarterly revenue record. China Merchants Securities is optimistic about the new CEO leading Apple's AI innovation, believing that the scarcity of Apple's supply chain resources will further highlight, leading to a value reassessment
According to Zhitong Finance APP, the mobile phone industry chain is collectively recovering. As of the time of writing, Q Tech (01478) is up 6.51%, trading at HKD 8.67; AAC TECH (02018) is up 4.83%, trading at HKD 37.74; COWELL (01415) is up 4.37%, trading at HKD 32.98; SUNNY OPTICAL (02382) is up 4%, trading at HKD 66.25.
In terms of news, Apple announced its second-quarter financial report for the period ending March 28. During this period, Apple's revenue was USD 111.2 billion, a year-on-year increase of 17%, and net profit was USD 29.6 billion, a year-on-year increase of 19%. Apple CEO Tim Cook stated that the company achieved its best quarterly performance ever, with double-digit percentage growth in revenue across all regions. Thanks to strong market demand for the iPhone 17 series products, the iPhone business set a quarterly revenue record, and service business revenue also reached a new high.
China Merchants Securities pointed out that they expect the new CEO, who comes from a hardware engineering background, to lead a new round of Apple AI hardware and software innovation. The firm believes that the trend of accelerated innovation in Apple's AI hardware and software and upstream structural components/optical parts will become clear in 2026-2027. Coupled with the efforts of major North American giants like OpenAI and Google in AI, the rising prices of storage will not change the overall trend of innovation in AI; at the same time, the core positioning of high-quality supply chain companies in the Apple ecosystem that are crossing into AI computing power and robotics cannot be ignored. We are optimistic that the scarcity of Apple's high-quality supply chain resources will further highlight its value, leading to a re-evaluation of the Apple chain
