Chapter 779: Chapter 325 National Security Chapter 779: Chapter 325 National Security This was the least confident product launch in the history of Apple Inc.'s CEO, but everything was already prepared, and he had no choice but to stiffen his resolve and proceed with the new product launch.

Because Chinese phone manufacturers had taken the initiative and planted a perfect seed in consumers' minds early, by the time the hurriedly completed Apple Smartphone product launch took place, they were, as expected, viciously criticized by consumers.

“It's that damn notched display again, utterly ugly, I have no desire to buy it after seeing it. I might as well purchase the new flagship Chinese Smartphone, at least it's a true full-screen and looks more in line with my aesthetic standards…”

“The battery power is still less than 3500 mAh, are they trying to make life difficult for those of us who use our phones like crazy? Has Apple Inc. ever considered our mobile phone usage habits? The battery of the Chinese Smartphone has already reached a high of 20000 mAh, able to last for more than three days of continuous use, and they also have wireless fast charging technology, is Apple Inc. really using such a lousy battery to fob us off?”

“Blowing their own trumpet about an ordinary face recognition technology as if it's some kind of incredible high technology. The Dream Assistant of Chinese phones not only recognises faces but also fingerprints and voice waves. Its security features have already far surpassed that of Apple Smartphones…”

“Siri's intelligence has hardly changed over the years, talking to it is just uppercase awkward because it often responds with irrelevant answers, a complete fool. Look at the Dream Assistant paired with Chinese phones, it's already capable of perfect human-machine dialogue, I think the intelligence of Dream Assistant might already be higher than that of Apple Inc.'s designers…”

“The sales price of Apple Smartphones is truly touching, the entry-level has reached two thousand US dollars. At such a price, you could buy three of China's latest flagship phones. Moreover, their technology vastly surpasses that of Apple Inc….”

“They're still using a regular OLED screen, look at China's Super OLED Screen, not only is the display clearer, reaching 4K, but it also has a longer lifespan, and more importantly, it is resistant to falls, unlike Apple Smartphones, which are so delicate…”

“Apple Smartphones lack ambition, they have declined, their throne as market leader is about to be toppled by Chinese phones…”

Just as the higher-ups of Apple Inc. worried, by the time their mobile phone product launch was over, the internet was full of rants about Apple's latest mobile phone, and along with that came consumer criticism, a complete reversal from before.

In the past, consumers would closely watch Apple Smartphones and use the technological content of Apple Smartphones as a benchmark to critique the shortcomings of other phones because at that time, Apple Smartphones were genuinely leading the trend in mobile phone market development. But after this product launch, the situation suddenly changed, with consumers using the technological content of Chinese phones as a standard to critique the backwardness of Apple Smartphones.

This widespread ragging and criticism of Apple Smartphones was reflected in the product pre-sales, which saw a significant decline in pre-sales for Apple Smartphones. Compared with the same period last year, the total number of pre-sales of the three Apple Smartphone models fell by more than 80% from last year's figures.

If it wasn't for the US Government's ongoing protection of Apple Inc.'s US market, restricting the sales of Chinese phones in the US market, plus Apple Inc.'s cultivation over many years of a sizable base of loyal users and control over their mobile phone usage habits, their pre-sales numbers might have experienced an even steeper decline this time.

The response in the capital market was even more direct. As soon as Chinese new product phones began to be released and before Apple Smartphones were officially launched, the market sensed trouble, and Apple Inc.'s stock price started to slide slightly. By the time Apple Inc.'s new product phone was officially launched, even before the launch event had ended, Apple Inc.'s stock price began to plummet. In just two hours, Apple Inc.'s stock price fell by more than 20%, and the market value evaporated by 160 billion US dollars.

From a large-scale perspective, the dip in Apple Inc.'s stock price was just the beginning. Luckily the US stock market was closed, which prevented Apple Inc.'s stock price from dropping further. However, once the market opened the next day, Apple Inc.'s stock price was bound to continue to fall. The significant drop in Apple Inc.'s stock price triggered market panic, leading to a comprehensive slide in technology stocks listed on the Nasdaq. Especially for US upstream component suppliers and contract manufacturers, their stock prices fell by at least 20%.

In contrast to Apple Inc., pre-sale data for the Four Major Chinese Smartphone Manufacturers surged significantly, even more than double their own initial projections, which were also five times their previous year's pre-sale data. Driven by this good news, the stocks of these four major smartphone manufacturers soared, all closing at the upper limit. The stock prices of their upstream suppliers and contract factories also rose across the board, with each stock rising by at least 5%. Driven by them, Chinese technology stocks also saw a long-awaited collective rise.

With the Four Major Chinese Smartphone Manufacturers continuing to publish pre-sale data, the market will have more confidence in them, and their company's stock prices will continue to rise, driving a significant upswing in the entire Chinese stock market.

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