【招银国际】–1H23 missed, future growth under pressure.pdf

3Q miss; new models, cost cut as key in FY25

3Q CoR miss dragged by non-auto claims

Apple FY1Q23 miss on macro and supply chain issues; Expect weakness to persist in near term

China Technology Sector – Apple FY1Q23 miss on macro and supply chain issues; Expect weakness to persist in near term

We see risks in 2H24E after the miss in 2Q24

利润略超预期，云业务小幅miss

China Auto Sector – Jan NEV likely in line or slightly miss; Li Auto beat

周末社融数据今早降息预期miss等多个因素影响下指数低开后并没有再朝着反方向

Hits and Misses of 2019: Digital Landscape in Television

–3Q rev／np -11%／40%; a significant miss