Apple and Amazon to report, with the deployment of AI and the main points of surveillance of the exposure keys in China
Apple is about to publish its results in the second quarter today, analysts expecting modest growth in annual sliding. Turnover is expected to reach $ 94.2 billion – up 3.8% – while net profit is expected to increase by 2.5% to 24.2 billion dollars. The Division of Services – including the App Store, iCloud and advertising – should display a gain of 12% and continue to compensate for the slow iPhone sales, which have been increased by extended upgrade cycles and the contrary -related winds. The gross margin should improve at 47.1% – reflecting high cost control and pricing power. However, the feeling of investors remains cautious, the shares still negotiating 19% below its peak in December 2024 following a decline of 35%.
Apple exposure to American-China trade tensions is under close control, as more than 90% of iPhones are still assembled in China while the United States remains its largest market. Price uncertainty and potential semiconductor export restrictions present risks to costs and supply chains. The technology giant accelerates its manufacturing diversification in India and Vietnam – but this transition remains in progress. Also under the spotlight, Apple's AIA strategy – after postponing the deployment of Siri AI's new features in March, the market awaits updates on the integration and innovation of products.
Amazon, on the other hand, will report the results of the first quarter with expected income of around $ 144 billion and a profit per share of $ 0.98. Analysts will focus on improving profitability – in particular in Amazon Web Services (AWS), the company's high margin cloud computing unit. AWS growth should remain in the low figures, with the attention of investors fixed on the margins and adoption trends of the AI. Any comment on the competitive positioning of AWS – in particular against Microsoft and Google – will be examined closely, as is an overview of corporate cloud expenditure in an environment more aware of costs.
Beyond AWS, Amazon's advertising activities should display another solid growth quarter – supporting global margins – while electronic commerce performance will be analyzed for signs of consumer spending. International expansion and operational efficiency of logistics are also the main themes, with improvements in the realization and automation considered as the main engines of the expansion of margins. Investors will closely monitor the advice updated on the T2 and the performance of the full year – with the AI strategy, CAPEX intentions and margin prospects, all likely to shape the short -term stock department. The shares are down approximately 15% for the start of the year, having managed only a modest rally from the lowest April.
