HK Stock Market Move | Mobile industry chain collectively rebounds, Apple achieves its best quarterly performance in history, and the iPhone business sets a revenue record for the quarter.

The collective recovery of the mobile phone industry chain, as of press time, Q TECH (01478) rose 6.51% to HK$8.67; AAC TECH (02018) rose 4.83% to HK$37.74; COWELL (01415) rose 4.37% to HK$32.98; Sunny Optical (02382) rose 4% to HK$66.25. On the news front, Apple released its second quarter financial report ending on March 28. During the period, Apple's revenue was $111.2 billion, up 17% year-on-year, and net profit was $29.6 billion, up 19% year-on-year. Apple CEO Cook stated that this quarter had the best performance in history, with double-digit revenue growth in all regions. Thanks to strong demand for the iPhone 17 series, iPhone business achieved a record revenue for the quarter, and service business revenue also reached a new high. CMSC points out that it expects the newly appointed CEO with a hardware engineering background to lead a new round of Apple AI software and hardware innovation. The bank believes that the trend of accelerating innovation in Apple AI software and hardware and upstream structural components/optics and other parts is clear in 2026-2027, combined with efforts from major AI giants in North America such as OpenAI and Google, and the trend of rising prices in storage without changing the overall trend of AI innovation; at the same time, the strategic position of high-quality fruit chain companies in cross-domain layout of AI computing power, Siasun Robot&Automation, and other racing tracks cannot be ignored; we are optimistic that the scarcity of Apple's high-quality supply chain resources will further highlight the value reassessment of the Apple chain.