Amazon and Apple reported earnings after the close. What are analysts expecting

Amazon and Apple reported earnings after the close. What are analysts expecting

Apple (AAPL)

• EPS Estimate: ~$1.43  per share, up modestly from ~$1.40 year‑ago

• Revenue Forecast: ~$89.35 billion, implying ~3–4% growth. Includes iPhone revenue around $39–40 billion and Services near $26.8 billion (up ~11%)

Key Watchpoints:

• Tariff impact (~$900 million) compressing gross margins (~45.5–46.5%)

  Progress on Apple’s AI initiatives and commentary around AI & services growth strategy

In summary: Investors expect steady top-line growth with mild EPS expansion. Margins and AI momentum will be under close scrutiny.

Amazon (AMZN)

• EPS Estimate:  – 1.33, up from $1.26

• Revenue Forecast: ~$162.2 billion, up ~9–10% YoY

• Revenue Breakdown (approx.):

  • Online stores: ~$59 b

  • Physical stores: ~$5.5 b

  • Third‑party seller services: ~$39 b

  • Subscription services: ~$12 b

  • AWS: ~$30.8 b, up ~17%

• Key Themes to Watch:

  • AWS growth trajectory and margins amid heavy AI/data‑center investments (> $100 b capex)

  • Effects of tariffs on retail costs, third‑party sellers and future pricing power

  • Prime Day outcome and performance across advertising and subscription services

In short: Amazon is expected to deliver solid top-line and EPS growth alongside AWS strength. Market focus centers on margin sustainability, AI-related capex, and tariff exposure