@yahoofinance: Amazon ($AMZN) announced its second quarter earnings after the bell on Thursday, beating on the top and bottom lines and offering better-than-anticipated Q3 guidance, between $174 billion and $179 billion. Analysts were expecting $173.2 billion. For the quarter, Amazon reported earnings per share (EPS) of $1.68 on revenue of $168.7 billion. Wall Street was anticipating EPS of $1.33 and revenue of $162.1 billion, according to Bloomberg consensus estimates. The company saw EPS of $1.26 and revenue of $147.9 in the same quarter last year. AWS revenue hit $30.8 billion versus an expected $30.7 billion. It topped $26.2 billion in Q2 last year. Apple ($AAPL) also saw strong results, beating on the top and bottom lines on Q3 earnings and better-than-anticipated iPhone sales. Apple CEO Tim Cook said “Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac, and Services and growth around the world.” For the third quarter Apple saw earnings per share (EPS) of $1.57 on revenue on $94 billion. Wall Street was anticipating EPS of $1.43 on revenue of $89.22 billion, according to Bloomberg consensus estimates. Apple saw EPS of $1.40 and revenue of $85.7 billion in the same quarter last year. Apple’s iPhone revenue topped out at $44 billion versus expectations of $39.8 billion. Services revenue came in at $27.4 billion. Wall Street was expecting $26.8 billion. Apple’s China sales hit $15.3 billion. Wall Street was expecting $15.1 billion. #amazon #amzn #stocks #stockmarket #apple #aapl #stock #iphone #timcook #timcookapple #earnings #earningscheck #amazonprime

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Thursday 31 July 2025 21:24:51 GMT