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
