Market Insight | Apple concept stocks diverge, with iPhone shipments in June down 43% month-on-month, supply chain growth in the third quarter may be lower than expected

Apple concept stocks show divergent trends, with iPhone shipments in June decreasing by 43% compared to the previous month, and supply chain growth in the third quarter may be lower than expected. In China, smartphone shipments in June increased by 14% year-on-year, but fell below sales forecasts, indicating high inventory levels. Compared to the iPhone supply chain, it is expected that the Android supply chain will perform better in the third quarter. The production of the iPhone 16 is set to begin in August, but component preparation growth is limited. Growth in Apple's supply chain in the third quarter may be lower than expected, while the Android supply chain is expected to perform better