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The competitive pressure is overwhelming! Apple (AAPL.US) officially announces a price reduction promotion.
Apple officially announced a price reduction, with savings of up to 800 yuan.
Hong Kong stocks fluctuated | Apple Supplier stocks fell widely today, Sunny Optical (02382) dropped over 5%, and Apple announced a maximum price reduction of 800 yuan.
Apple Suppliers stocks fell broadly today. As of the time of writing, Sunny Optical (02382) dropped by 5.37% to HKD 65.15; BYD Electronics (00285) fell by 5.11% to HKD 39.9; FIH (02038) decreased by 4.35% to HKD 0.88.
Express News | Largan Precision Says It Did Not Provide Any Such Forecast
Express News | Apple Supplier Largan Precision Denies Media Report Its Earnings per Share Would Be T$170 - T$175 for 2024
Express News | Apple has lowered prices on several products in China, including a 500 RMB (approximately $70 USD) price cut for the iPhone 16 Pro
In 2024, Goldman Sachs traders summarized 18 memorable points.
According to Pasquariello, the head of Goldman Sachs' Hedge Fund Business, in 2024, the stock prices of the seven major Technology giants in the U.S. surged by 48%, creating an additional Market Cap of 6 trillion dollars. Although large Technology stocks continue to act as the "locomotive" of the market, this year's market has also demonstrated good breadth. It is believed that the main driving force of the market will shift towards profit growth in the next phase.
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