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lieev
#苹果Q4营收超预期，下季度毛利率指引承压 苹果Q4营收、盈利超预期，产品需求韧性很强。下季度毛利率承压主要是存储芯片成本抬升带来的短期扰动，并非基本面走弱。苹果产品壁垒稳固、服务生态持续沉淀，叠加AI功能逐步落地，长期增长逻辑没变，短期波动反而带来布局机会，看好后续发展。
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