Apple's Trading Volume Drops 49.83% to $7.105 Billion Ranking Sixth in Daily Volume

On June 2, 2025, Apple's trading volume reached $7.105 billion, marking a 49.83% decrease from the previous day and ranking sixth in the day's trading volume. Apple's stock price increased by 0.42%, marking the second consecutive day of gains, with a total increase of 0.88% over the past two days.

Apple is set to open its AI training models to developers at the upcoming Worldwide Developers Conference (WWDC) 2025, allowing for custom AI features in third-party applications. This move is part of Apple's strategy to enhance its AI capabilities and integrate them more deeply into its ecosystem.

Investors have low expectations for Apple's WWDC 2025, with some insiders predicting another disappointing AI showcase. This sentiment is fueled by concerns that Apple has been slow to implement AI features on its iPhones, which has added pressure on the stock.

Despite escalating trade tensions and tariff threats from the U.S. President, some analysts argue that these tariffs could actually benefit Apple in the near term. Loop Capital suggests that Apple's strategic response to tariff disruptions has created a "demand bridge" leading into the anticipated launch of the iPhone 17. The firm reiterates its "Hold" rating and a price target of $215 on Apple, highlighting the potential for significant hardware design changes in the upcoming iPhone models.

Apple's financial results for the fiscal second quarter of 2025 showed solid performance, with total revenue rising 5% year-over-year to $95.4 billion. However, investor concerns about rising tariff costs and weakening demand in China led to a more than 3% drop in the stock price following the report. The Services segment, which set a new sales record with $26.6 billion in revenue, was the primary driver of top-line growth. Despite these challenges, Apple remains optimistic as it navigates the tariff landscape and prepares for significant product launches.