Apple concept stocks generally rose. As of press release, Sunyu Optical Technology (02382) rose 3.75% to HK$41.45; Gaowei Electronics (01415) rose 2.23% to HK$18.34.
The Zhitong Finance App learned that Apple concept stocks generally rose. As of press release, Sunyu Optical Technology (02382) rose 3.75% to HK$41.45; Gaowei Electronics (01415) rose 2.23% to HK$18.34; BYD Electronics (00285) rose 2.21% to HK$27.7; and Qiutai Technology (01478) rose 0.84% to HK$3.61.
According to the news, despite the decline in iPhone sales in China, Apple's revenue in Greater China has exceeded expectations. Apple's financial report for the second fiscal quarter of fiscal year 2024 shows that in the second fiscal quarter ending the end of March, Apple's revenue and profit performance both exceeded Wall Street expectations. Among them, Apple's sales in Greater China fell 8% to US$16.37 billion, better than analysts' expectations of US$15.25 billion. Meanwhile, Apple announced that its board of directors has authorized a $110 billion share repurchase, the largest in the company's history.