Apple Stock Drops 1.38% Despite Ranking Fifth in Trading Volume as iPhone Sales Surge in China

On June 13, 2025, Apple (AAPL) experienced a 1.38% decline in its stock price, with a trading volume of 101.07 billion, ranking fifth in the day's market activity.

Apple has reclaimed the top spot in China's smartphone market for May, driven by a 15% year-over-year increase in global iPhone sales for April and May. This growth is the most substantial since the onset of the pandemic, largely attributed to the recovery in China and the US. Apple's aggressive pricing strategies, including significant reductions on the iPhone 16 series, have played a crucial role in maintaining its market position amidst intense local competition.

Counterpoint Research's senior analyst, Ivan Lam, highlighted the promising outlook for Apple's second-quarter performance, emphasizing the pivotal roles of the US and Chinese markets. Apple's success in these regions is closely tied to its global performance. Additionally, Apple has seen notable iPhone sales growth in Japan, India, and the Middle Eastern markets, achieving double-digit increases. This broad-based momentum reflects Apple's resilience and adaptive strategies in a demanding environment.