Apple Recovers 2025 Losses with 47% Rebound but Lags AI-Focused Tech Rivals

Apple has erased its 2025 losses with a 47% rebound, recovering from a steep decline during April's tariff panic when shares were down over 30%. The resurgence stems from fading trade tensions and unexpectedly strong demand for its latest iPhones, particularly premium models. The stock now sits just 3.5% below its all-time high.

"Demand has clearly exceeded expectations," said Bill Stone, CIO of Glenview Trust, which holds Apple in its $15.7 billion portfolio. "Low expectations set the stage for this positive surprise, which naturally fuels the rally." The buying surge has been the primary driver of Apple's recent performance.

Despite the recovery, Apple trails AI-focused tech peers. The Nasdaq 100 is up 17% this year, while Nvidia, Alphabet, Meta, and Microsoft have surged 20-30% on AI momentum—a narrative Apple lacks. Analysts note the company is developing new strategic initiatives that could shift its trajectory.