Apple did in Q1 what others in the smartphone industry couldn't.

According to new data from Vanda Research, retail investors bought a net $65.3 million worth of Apple stock on Tuesday, marking the best day of net buying since June 2025 (see chart below). "Net-net: retail is rotating within large-cap tech, with Apple emerging as the latest pocket of conviction," Vanda Research strategists said.

Apple shares saw a modest pullback following the company’s announcement that Tim Cook will step down as CEO. On Tuesday morning, April 21, the early reaction remained calm. There was no big sell-off.

Just how well can Apple insulate itself from booming memory prices? Apple locks in memory prices for iPhone components via long-term contracts, but one analyst notes it's uncertain how long those last or what will happen when the current arrangements lapse.

The iPhone has become one of the dominant players in China's smartphone market and continues to press its advantage.

Interestingly, Apple is getting credit for what it is not doing as much as for what it is doing in the realm of artificial intelligence.

Apple Inc. (NASDAQ:AAPL) has taken its investors for quite a rollercoaster ride. The stock price of the iPhone maker has flirted with the $700 mark, and is now down substantially and is hovering around the $450 mark. Momentum investors have dumped the ...