Apple Stock Drops for Second Day, Fifth in Trading Volume Amid Fraud Allegations and iPhone Sales Concerns

On July 24, 2025, Apple Inc. (AAPL) experienced a slight decline of 0.18%, marking its second consecutive day of losses, with a total decrease of 0.30% over the past two days. The trading volume for Apple was substantial, with a total turnover of $9.838 billion, placing it fifth among the most actively traded stocks for the day.

Apple Inc. is currently facing securities fraud allegations, with investors who have incurred losses being notified to contact BFA Law by the August 19 deadline. This legal action has added to the negative sentiment surrounding the company, potentially impacting investor confidence and stock performance.

Investors are also weighing a softer iPhone sales forecast and broader demand concerns ahead of Apple's upcoming Q3 earnings report. The company's shares edged lower on Wednesday as these factors contributed to a more cautious outlook among market participants.

Despite the recent challenges, Apple continues to demonstrate strong business fundamentals. The company has shown significant improvements in key metrics such as return on equity and profit margins over the past decade. These enhancements are partly driven by the growth of Apple's higher-margin service ecosystem, which is integrated with its vast installed base of hardware devices. This trend suggests that Apple has the potential for sustained profitable growth in the years to come.