#AppleCryptoUpdate Apple's (AAPL) stock price closed yesterday, Friday, May 2nd, at $205.35. This represents a decrease of roughly 3.61% from the previous day.

Yesterday's trading saw Apple's stock fall after the company announced its Q2 2025 earnings. While the company beat revenue and earnings expectations, it also indicated a lower-than-expected revenue growth forecast for the next quarter and a smaller stock buyback program compared to previous years.

Concerns regarding potential tariff impacts also weighed on the stock, with CEO Tim Cook mentioning a possible $900 million hit to costs in the current quarter due to tariffs. Despite this, Apple reported strong performance in its Services division and noted increased iPhone demand. The company is also actively shifting its supply chain, with a majority of iPhones sold in the US this quarter expected to be assembled in India.