iPhone 17 series release market value evaporated trillions, is there still a chance for the fruit chain sector?

After the release of the new iPhone 17 series, Apple Inc. (AAPL.US) stock price did not rise but instead fell, with a consecutive two-day drop of 4.7%, resulting in a market cap shrink of up to $164.576 billion, equivalent to 1.17 trillion Chinese yuan. After a slight rebound in the following two days, why is the new model not well received by investors? It is understood that on September 9th, Apple Inc. launched the new iPhone 17 series at a new product launch event, along with updates to Apple Inc. watches, AirPods, and other products. The iPhone 17 series attracted attention, with the standard version starting at $799, maintaining the same price, but featuring various "Apple Intelligence" AI scenarios and achieving several major upgrades in performance, efficiency, and storage, including an 8-hour increase in battery life. The Chinese version of the iPhone 17 series starts at 5999 yuan, with the new slim iPhone Air priced starting at 7999 yuan, and the top-of-the-line iPhone 17 Pro Max priced at 17999 yuan. Apple products have started reservations on JD.com, Inc. Sponsored ADR Class A flagship store simultaneously. JD.com, Inc. Sponsored ADR Class A data shows that before the start of pre-sales, the total number of reservations exceeded 3 million people, and the official website crashed on the 12th during pre-sales, indicating strong consumer willingness to purchase the new products. However, despite the launch of the iPhone 17 series, the performance of stocks in the Hong Kong A-share market differed. The A-share fruit chain sector started several days in advance, with multiple stocks reaching the daily limit after the launch, showing relatively active performance. On the other hand, the Hong Kong stock fruit chain sector remained relatively flat, with some differentiation in stock performance, and overall remained unaffected. In fact, in the past two years, as iPhone sales at Apple Inc. declined, the sensitivity of Hong Kong stock to Apple Inc. decreased, and investment logic has undergone a change. Defeated in the Chinese market, falling revenue share In the smartphone industry, Apple Inc. and Samsung have long held the top two positions globally, with their positions difficult to shake. According to a report by Canalys, the global smartphone market shipments in 2024 are expected to reach 1.22 billion units, a 7% year-on-year increase. Apple Inc.'s shipment volume is expected to be 256 million units, a 1% year-on-year decline.