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Surprise! iPhone 16 series, first weekend pre-order sales dropped by 12.7%?
Tianfeng International analyst Guo Mingcheng stated that the pre-ordered sales of the iPhone 16 series in the first weekend are estimated to be around 37 million units, a decrease of about 12.7% compared to the first weekend sales of the iPhone 15 series last year, primarily due to lower-than-expected sales of the iPhone 16 Pro series.
Hong Kong stocks fluctuate | Apple suppliers generally decline. Guo Mingchi said that iPhone 16 series sales are lower than expected. Fubon Securities predicts that the supply chain will face pressure in the coming months.
Apple supplier stocks fell across the board. As of the time of publication, Tongda Group (00698) fell by 7.04% to 0.066 Hong Kong dollars; q tech (01478) fell by 3.64% to 4.23 Hong Kong dollars; Cowell (01415) fell by 2.4% to 20.35 Hong Kong dollars; and Sunic Optical (02382) fell by 0.34% to 43.35 Hong Kong dollars.
Guo Mingji: The iPhone 16 series has a pre-order volume of approximately 37 million units in its first weekend, which is 12.7% less than the iPhone 15 series.
Analyst Guo Mingji of Tianfeng International Securities said that the demand for Apple (AAPL.US) iPhone 16 Pro and iPhone 16 Pro Max is lower than expected, but compared to the previous generation iPhone, the sales volume of iPhone 16 and iPhone 16 Plus is higher. Overall, the first weekend pre-orders for the iPhone 16 series are approximately 37 million units, a decrease of about 12.7% compared to the iPhone 15 series. Guo Mingji analyzed based on the shipping time on the Apple website and supply chain investigations during the past weekend.
Sunny Optical (02382.HK): Mobile optical warming, multi-category synergy.
Event: The company released the August 2024 shipment volume: In August 2024, the company's mobile phone lens shipment volume was 0.124 billion units, +7.5% month-on-month, and +14.6% year-on-year; the shipment volume of mobile camera modules was 0.04 billion units.
Express News | Sunny Optical: Shareholders' net profit for the period is approximately 1.079 billion yuan, a year-on-year increase of approximately 147.1%.
Interim Report 2024