Apple's difficult year 2025

Apple $AAPL (-0,16 %) is facing major challenges in 2025. The share price has fallen by 19% over the course of the year, leaving investors concerned. At the same time, the company is facing an antitrust investigation by the Department of Justice (DOJ), which is shaking confidence in the company's management. Another conflict is the bitter legal dispute with Epic Games over App Store purchases, which raises the question of control over digital platforms. The introduction of an improved Siri has also been postponed indefinitely, which shows that Apple is lagging behind competitors such as Google and Samsung in the field of artificial intelligence. $GOOGL (-2,15 %) and Samsung $102780 are lagging behind. Added to this is the announcement of former design chief Jony Ive working on a new consumer product with Sam Altman and OpenAI. These developments present CEO Tim Cook with an unprecedented challenge, especially in light of former President Trump's demands that Apple should produce iPhones in the US or else face high tariffs. This mixed situation is causing uncertainty and casts Apple's future in a different light.

Nvidia's new strategy for China

In the USA, Nvidia $NVDA (+1,13 %) is reportedly planning to launch a new AI chip that will be cheaper for the Chinese market than the previous H20 model. This decision is a direct response to the US export restrictions imposed by the Trump administration in April. These measures have severely restricted the shipment of Nvidia's H20 chips to China, which is expected to result in a drop in sales of up to 5.5 billion dollars per quarter. Nvidia's market share of AI chips in China has fallen from an impressive 95% before the export restrictions in 2022 to just 50% currently, which CEO Jensen Huang finds worrying. Despite these setbacks, China remains a key market for Nvidia, accounting for an estimated 13% of sales in the 2025 financial year. Huang highlights that the Chinese AI market is expected to reach 50 billion dollars in the next two to three years. Missing this opportunity could mean a significant loss for Nvidia, which is why adjusting its strategy for China is of great importance.

Sources:

https://finance.yahoo.com/news/apples-difficult-2025-is-tim-cooks-biggest-test-yet-193007489.html

https://finance.yahoo.com/video/nvidia-stock-export-controls-mean-180000127.html

How often do you find yourself thinking about missed opportunities that, on closer inspection, are really ridiculous?

Over the years, these have become fewer and fewer for me, but every now and then I actually think about times when I think to myself "well, I should have ..." and these are sometimes so ridiculous that I have to laugh at myself. A few examples:

I was lying on the couch the other night thinking about how I bought my first graphics card and thought $NVDA (+1,13 %) graphics card and thought I should have invested the money in shares. That was back in 2005 or so. In hindsight, it's really laughable, in no scenario would I ever have bought this share or known what it would be 😄.

Or on the subject of $BTC (+0,22 %) I heard about it at some point during my studies, must have been around 2014/15. Again, "I should have"..., at the time I had zero idea and with a small interest in it, in no realistic scenario would I ever have bought it...

Anyway, it's always amusing to see what thoughts come up sometimes.

On that note, have a nice holiday and don't miss out on the chance of a cold drink ☝️.

$NVDA (+1,13 %) presented strong business figures for the first quarter of the 2026 financial year on May 28, 2025 (BILD)

📊 Business figures Q1/2026

• Turnover44.1 billion USD - an increase of 69% compared to the previous year and 12% compared to the previous quarter.
• Data Center divisionUSD 39.1 billion in sales (+73 % year-on-year).
• Earnings per share (non-GAAP)USD 0.81; adjusted for special effects USD 0.96.
• Gross margin (non-GAAP)61 %; excluding the impact of H20 chips even 71.3 %(NVIDIA Newsroom)

⚠️ Challenges: China export ban

In April 2025, the US government restricted the export of H20 AI chips to China. This resulted in a one-time expense of USD 4.5 billion for excess inventory and unfulfilled purchase commitments. As a result, Nvidia was unable to realize additional revenue of USD 2.5 billion in the quarter. (The Guardian, NVIDIA Newsroom)

📉 Outlook & market reaction

Despite the strong figures, the outlook for the second quarter is below expectations. Analysts fear that export restrictions could lead to a drop in sales of up to USD 15 billion. Nevertheless, demand for AI hardware in other regions, particularly the Middle East, remains robust. Nvidia recently signed a major order for 18,000 Blackwell chips with Saudi AI startup Humain.The Guardian)

📈 Share price development

On May 28, 2025, Nvidia shares traded at USD 134.81 (approx. EUR 120). Despite the impressive business figures, the share price performance remained subdued due to geopolitical uncertainties. (finanzen.ch)

Stock market information for NVIDIA Corp (NVDA)

• NVIDIA Corp is equity in the USA market.
• Current price: 134.81 USD. Price change: with a change of -0.69 USD (-0.01 %) compared to the previous close.
• The last opening price was USD 136.0 and the intraday volume is 234759257.
• The intraday high is USD 137.24 and the intraday low is USD 134.29.
• Last trading time: Wednesday, May 28, 22:16:56 CEST.

🧠 Conclusion

Nvidia continues to show impressive growth in the AI sector, but faces challenges from geopolitical tensions and export restrictions. In the long term, the company remains well positioned, particularly through strong partnerships and a leading role in AI hardware.

• Business Insider
• WSJ
• The Guardian

Nvidia's$NVDA (+1,13 %) -revenue in every first quarter since the IPO

1999: 71 million dollars

2000: 148 million dollars

2001: 241 million dollars

2002: 583 million dollars

2003: 405 million dollars

2004: 472 million dollars

2005: 584 million dollars

2006: 682 million dollars

2007: 844 million dollars

2008: 1.2 billion dollars

2009: 664 million dollars

2010: 1 billion dollars

2011: 962 million dollars

2012: 925 million dollars

2013: 955 million dollars

2014: 1.1 billion dollars

2015: 1.2 billion dollars

2016: 1.3 billion dollars

2017: 1.9 billion US dollars

2018: 3.2 billion dollars

2019: 2.2 billion US dollars

2020: 3.1 billion US dollars

2021: 5.7 billion dollars

2022: 8.3 billion dollars

2023: 7.2 billion US dollars

2024: 26 billion dollars

2025: 44.1 billion dollars

BREAKING: Nvidia$NVDA (+1,13 %) published its results for the first quarter of the 2026 financial year after the close of trading.

🔹EPS: $0.96 VS. $0.75 EST.

🔹Revenue: 44 billion US dollars VS. 43 billion US dollars EST.

What Trump is doing here is pure market manipulation. Shortly before $NVDA (+1,13 %) quarterly figures such an announcement 😩. Really now?

According to the Financial Times, President Trump has told US chip designers to stop selling to China.

Source: Bloomberg on X

For me in any case. Today, after-hours figures from $NVDA (+1,13 %) and $CRM (-1,98 %) . Not only could there be strong fluctuations in these stocks afterwards, but it will also have an impact on the entire tech stock market.

What do you expect?

Are you positioning yourself in advance or are you waiting?

I expect $NVDA (+1,13 %) rather with falling prices if expectations are not pulverized,

which I can't imagine. The share has performed very well from the April low. People are hoping for a positive surprise. If that fails to materialize, it will go down. In the case of $CRM, on the other hand, I expect the share price to rise and also consider it interesting in the medium term.

I am planning to enter both stocks.