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Overseas reports say Apple told suppliers to prepare to produce about 10 mln foldable iPhones this year, above prior 7–8 mln estimates. The reports also say Apple asked suppliers to reserve capacity to make 80 mln iPhones in H2 2026, covering iPhone

2026-07-13

Overseas reports say Apple told suppliers to prepare to produce about 10 mln foldable iPhones this year, above prior 7–8 mln estimates. The reports also say Apple asked suppliers to reserve capacity to make 80 mln iPhones in H2 2026, covering iPhone 18 Pro, 18 Pro Max and its first foldable, and that total 2026 handset output could exceed 220 mln. Multiple supply‑chain contacts expressed caution. Counterpoint senior analyst Lin Keyu said a 10 mln foldable target may be high and could reflect elevated component stocking; his current estimate for 2026 foldable shipments are about 6–7 mln.

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2026-07-13

Falling crude has not produced equivalent drops in consumer fuel costs because refined-product supplies—not crude—are tight. The 3-2-1 crack spread has jumped to a record $65/bbl, implying refiners can buy crude at roughly $71/bbl and sell finished p

Falling crude has not produced equivalent drops in consumer fuel costs because refined-product supplies—not crude—are tight. The 3-2-1 crack spread has jumped to a record $65/bbl, implying refiners can buy crude at roughly $71/bbl and sell finished products valued around $136. The gap reflects refinery feed shortages—firms running cautious inventories and disruptions around the Strait of Hormuz, where refiners account for over 10% of global product output—rather than raw crude scarcity. Market models that tie consumer fuel costs directly to crude risk understating near-term energy inflation. Diesel remains elevated, keeping transport costs high and sustaining upward pressure on other consumers prices; the price gap has also attracted political attention, with Trump threatening action against oil companies.
2026-07-13

Southern's double-leveraged long position in Samsung Electronics (07747) saw its losses widen to 20% in the afternoon, while Southern's double-leveraged long position in Hynix (07709) fell nearly 30%.

Southern's double-leveraged long position in Samsung Electronics (07747) saw its losses widen to 20% in the afternoon, while Southern's double-leveraged long position in Hynix (07709) fell nearly 30%.
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