1. Apple's iPhone Air pre-orders launch in China this week, boosted by eSIM approvals. 2. Major telecom operators' regulatory approvals enhance Apple's market potential in China.
The launch of a new iPhone variant in a major market like China is expected to drive sales and boost Apple's stock. Historical releases, such as the iPhone 12, saw significant stock increases following similar announcements.
The expansion of eSIM services in China represents a significant market opportunity for Apple, which could enhance its competitive position against local smartphone manufacturers.
The immediate pre-order announcement will likely impact AAPL's stock in the short term, as investors react to increased sales potential and market expansion.