Apple concept stocks generally declined in early trading. As of press release, Sunyu Optics (02382) fell 4.92% to HK$37.7; Qiu Tai Technology (01478) fell 3.95% to HK$3.16; Gaowei Electronics (01415) fell 2.62% to HK$16.36; and BYD Electronics (00285) fell 2.52% to HK$25.1.
The Zhitong Finance App learned that Apple concept stocks generally fell in early trading. As of press release, Sunyu Optics (02382) fell 4.92% to HK$37.7; Qiu Ti Technology (01478) fell 3.95% to HK$3.16; Gaowei Electronics (01415) fell 2.62% to HK$16.36; and BYD Electronics (00285) fell 2.52% to HK$25.1.
According to the news, IDC data shows that overall global smartphone shipments increased 7.8% year-on-year in the first quarter, achieving three consecutive quarters of growth. However, the decline in Apple's iPhone market share in China directly affected the company's overall global shipments. According to the report, Apple's smartphone and iPhone shipments in the first quarter were 50.1 million units, down 9.6% from 55.4 million units in the same period last year.
Furthermore, Zhu Jiatao, a senior analyst at the research institute Canalys, said that the first half of the year was a low season for Apple sales, and the sales situation in the first quarter was not ideal. It is expected that the challenges in the second quarter will be greater, and the year-on-year sales will also decline.