Shenzhen:002475

Apple Reports Strong Fourth Quarter Results with iPhone Sales Soar in China

Retrieved on: 
Wednesday, November 15, 2023
IPhone, AirPods, Goldman Sachs, BYD Electronic, Research, Evercore, Acquisition, Electronics, XR, Apple Watch, Growth, Carbon, Morgan Stanley, Mobile phone

HONG KONG, Nov 16, 2023 - (ACN Newswire) - Apple recently announced its financial results for the fourth quarter of the 2023 fiscal year, revealing impressive figures.

Key Points: 
  • HONG KONG, Nov 16, 2023 - (ACN Newswire) - Apple recently announced its financial results for the fourth quarter of the 2023 fiscal year, revealing impressive figures.
  • iPhone sales accounted for around 50% of the total revenue, reaching $43.8 billion, representing a year-on-year growth of about 3%.
  • Additionally, service revenue reached a new record high at approximately $22.3 billion, showing a year-on-year growth of about 16%.
  • While Apple's revenue in Greater China declined by 2.5% due to exchange rate fluctuations, Apple CEO Tim Cook highlighted that iPhone revenue in mainland China set a September quarter record.

Luxshare Precision's Journey Towards Sustainable Development and Excellence

Retrieved on: 
Sunday, October 29, 2023
Carbon, Occupational Safety and Health Act 1994, Carbon Disclosure Project, OECD, CSR, Forbes China Celebrity 100, Corporate social responsibility, ESG, Science Based Targets initiative, Certification, Brazilian Institute of Public Opinion and Statistics, BB, Metal, Economic Cooperation Organization, O'Neill School of Public and Environmental Affairs, Sustainable development, Electricity, Organization, Targets, Apple Watch, EHS, Social responsibility, CDP, Pioneer, IPE, MSCI, Green supply chain management, Electronics, Safety, Climate change, Communication, TCFD, Task force, Renewable energy, Luxshare, Apple

Luxshare Precision's Chairman Grace WANG also expressed the commitment in a recent media interview, "Green and low-carbon initiatives, along with sustainable development, are crucial issues in Luxshare Precision's high-quality development process.

Key Points: 
  • Luxshare Precision's Chairman Grace WANG also expressed the commitment in a recent media interview, "Green and low-carbon initiatives, along with sustainable development, are crucial issues in Luxshare Precision's high-quality development process.
  • Through active ESG practices, Luxshare Precision has contributed to the sustainable development of the industry and society as a whole.
  • Responsible governance to promote sustainable development Luxshare Precision has implemented a three-level sustainability governance structure featuring "decision-making - planning - execution", which consists of the Board of Directors, the Sustainable Development Center and the Sustainability Implementation Team.
  • Over the past few years, Luxshare has kept practicing the concept of sustainable development and has achieved significant results in ESG.

Impressive Q3 Financial Results for Luxshare Precision with Full-Year Performance Expected to Hit RMB10 Billion

Retrieved on: 
Friday, October 27, 2023
Apple Inc., LCD, Wang, Projection, Interview, IPhone, Apple Watch, AirPods, Growth, Electronics, AR, Communication, Intelligence, Renewable energy, Mobile phone, Luxshare, Apple

According to the financial report, the company's revenue for the first three quarters amounted to RMB155.875 billion, reflecting a year-on-year growth of 7.31%.

Key Points: 
  • According to the financial report, the company's revenue for the first three quarters amounted to RMB155.875 billion, reflecting a year-on-year growth of 7.31%.
  • This projection indicates a range of RMB10.767 billion to RMB11.225 billion, surpassing RMB10 billion for the first time in Luxshare's history.
  • The disclosed financial report underscores Luxshare Precision's consistent improvement in sales gross margin and net profit margin.
  • In the automotive sector, Luxshare Precision covers domains such as automotive wire harnesses/connectors, vehicle electronics, Intelligent cockpits, and autonomous driving.

Apple's 2023 Fall High-End Product Launch: A Boon for Suppliers

Retrieved on: 
Thursday, September 28, 2023
IPhone, Pegatron, Interview, Original equipment manufacturer, 3D, USB, Wall Street, Apple Watch, Promax, Wang, Citigroup, Foxconn, Home, The Great British Bake Off (series 9), AirPods, AV1, OEM, Luxshare, GPU, Mobile phone, Telephoto lens, Wedbush Securities, Apple

HONG KONG, Sept 28, 2023 - (ACN Newswire) - On September 12th, Apple's annual fall launch event was held.

Key Points: 
  • HONG KONG, Sept 28, 2023 - (ACN Newswire) - On September 12th, Apple's annual fall launch event was held.
  • Despite a 1.7% drop in stock price after the event, the company's stock price has still gone up nearly 40% since the beginning of 2023.
  • As the most anticipated Pro lineup, iPhone 15 Pro and iPhone 15 Pro Max received wide attention during the event.
  • Both models feature a strong and lightweight aerospace-grade titanium design, making them the most durable yet lightest Pro models ever.

Luxshare Precision: A Further Step from Tier 2 to Tier 1 Automotive Supplier

Retrieved on: 
Thursday, September 21, 2023
Electronics, Tier 1, GAC Group, Research, SOC, Patent, Accounting, GAC, Empowerment, Automotive industry, Huawei, Chery, Luxshare

Among them, the operating revenue of the automotive business soared by 51.89% to RMB3,207 million, showing its strong growth momentum.

Key Points: 
  • Among them, the operating revenue of the automotive business soared by 51.89% to RMB3,207 million, showing its strong growth momentum.
  • Luxshare's latest conference call also noted that its automotive Tier 1 business will continue to grow in the next two years and is expected to enjoy explosive growth in 2025 and afterwards.
  • As early as 2008, Luxshare Precision entered the automotive industry as a Tier 2 supplier.
  • It is believed that Luxshare would bring more empowerment to the automotive industry during the process of being a leading Tier 1 supplier.