Apple's $112.94 Billion Trading Volume Lands Sixth in Market Ranking

Generated by AI AgentAinvest Market Brief
Thursday, May 1, 2025 8:07 pm ET1min read
AAPL--

On May 1, 2025, Apple's trading volume reached $112.94 billion, ranking sixth in the day's stock market. AppleAAPL-- (AAPL) rose by 0.39%, marking its eighth consecutive day of gains, with an 8-day increase of 10.44%.

Apple's stock experienced a decline in after-hours trading on Thursday following the release of its fiscal second-quarter results, which exceeded analyst estimates. The company reported earnings of $1.65 per share, surpassing expectations by $0.03. Despite this, Apple's stock fell roughly 3% in after-hours trading, shedding about $6 to hover around $207.37 following a regular session close of $213.32.

Apple's iPhone sales rose by 2% year-over-year, while services revenue increased by 12%. However, sales in Greater China declined by 2% to $16 billion, which was better than analyst expectations of $15.9 billion. The company's overall revenue gained 5% to $95.4 billion, ahead of estimates, but sales from China declined 2.3%.

Apple's progress in navigating trade issues was noted, but the company also reported that China revenue fell by more than 2% to $16 billion in its fiscal second quarter. The company's earnings for its second quarter increased from last year and beat Street estimates, with the bottom line coming in at $24.780 billion.

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