Apple Inc. sees 8% growth in iPhone sales in China, outpaced by Huawei

2025-07-03 16:00:00

Apple Inc. (NASDAQ:AAPL) experienced an 8% year-over-year increase in iPhone sales in China for Q2 2025, thanks to promotional pricing during the 618 shopping festival. Despite growth, Apple was outpaced by Huawei in the competitive Chinese market.

UBS maintained a Neutral rating for Apple Inc. (NASDAQ:AAPL) on July 3, 2025, with a share price of $214.33. The rating comes as Apple achieves its first quarterly growth in China since 2023, with an 8% increase in iPhone sales driven by strategic pricing for the iPhone 16 lineup.

Huawei surpassed Apple in China with a 12% sales increase, highlighting the market’s competitiveness. Apple’s price adjustments and increased trade-in values played a crucial role in boosting sales. This growth is significant for Apple as it solidifies its presence in China, a key market.

Apple’s market capitalization is approximately $3.2 trillion, reflecting its industry influence. The stock price rose by 0.90% to $214.36, with trading volume at 23.8 million shares. Stock fluctuated between $211.81 and $214.64, showing volatility and potential growth, supporting UBS’s Neutral rating for cautious investors.