<ul><li>Apple's stock closed down 4% on Thursday, its worst day since August 5th, following reports of weak iPhone sales in China.</li><li>The stock price has fallen nearly 12% from its December peak, making it the worst-performing of the seven largest technology stocks in 2025 so far.</li><li>A report from Canalys suggested that Apple had fallen to third place in terms of smartphones sold in China in 2024, behind Vivo and Huawei.</li><li>Apple shipped 15% of the 284 million phones sold in China last year, down 17% on an annual basis.</li></ul>

Apple stock has worst day since August 2024

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