In a show of financial fireworks – two of the biggest players in tech, let’s call them the “Dynamic Duo” for now…
Dropped their quarterly earnings and Wall Street couldn’t look away.
These powerhouses – obviously at the top of their game in the industry – just pulled off revenue results that soared past expectations.
But…
Of course, not without a few twists and turns to keep things interesting.
So, who are these tech titans – and… what exactly went down?
You’ll have to wait a few moments to see…
But odds are – if you’ve been paying any kind of attention to the markets and what they do – you probably know which two titans of tech I’m talking about.
It’s always good to see some solid momentum as we move into the winter doldrums…
And with what these two companies just did – there are people all over the Street hoping that that momentum carries them into 2025.
Alright…
I’ve kept you in suspense long enough – the two companies I’m talking about are…
Keep reading to find out!
In case you haven’t already guessed…
Yes, Amazon (AMZN) and Apple (AAPL) are the big players in the spotlight.
Amazon reported a massive $158.9 billion in revenue – with profits surging thanks to a strong 19% growth from its ad segment and its powerhouse Amazon Web Services (AWS).
Meanwhile, Apple posted a respectable $94.9 billion in revenue – also up year-over-year by 6% – largely driven by iPhone sales that beat expectations…
And all this before the release of their much-talked-about AI upgrades.
But Apple’s earnings were hit hard on the bottom line thanks to a European tax ruling that left it dropping a cool $10.2 billion.
So, while the numbers looked good on paper – Apple felt a sizable pinch.
That said, Apple’s image as the “iPhone and MacBook company” is evolving – services are now a bigger slice of its revenue pie – making up over 25% of its earnings last quarter (surpassing even iPads and wearables).
But there’s a small storm brewing…
Some major players like Disney (DIS), Netflix (NFLX) and Spotify (SPOT) are now sidestepping Apple’s App Store fees.
How? By directing customers to subscribe directly – bypassing the 30% cut Apple usually claims on in-app purchases.
As services revenue begins to show signs of slowing – investors are keeping a wary eye on this fee-avoidance trend.
It’s clear Apple’s 30% cut isn’t as secure as it used to be – and if more platforms follow Disney’s lead – it could bite even more into Apple’s services growth.
Meanwhile, Amazon has its own quirks to contend with…
Its next bold move? Nuclear energy.
Yep, Big Tech’s latest obsession with AI is guzzling so much electricity that Amazon’s eyeing nuclear projects to stay powered up.
Sure, it can tout it as a green, zero-emission solution – but let’s face it…
Amazon may be the “everything store,” but nuclear energy isn’t quite in its wheelhouse.
These projects cost a fortune – and investors are noticing the increasing expenses alongside AI-driven ambitions.
So, while Amazon’s ad and cloud segments are booming…
Shareholders can’t help but wonder about the mounting bills and whether these profits will keep pace with its nuclear dreams.
In the end, both Amazon and Apple delivered better-than-expected revenue gains – proving it’s still the giants of the “Magnificent Seven.”
But challenges are looming: Apple’s dependence on App Store fees may need a rethink as major companies start avoiding it – and Amazon’s move into energy feels like it’s teetering on the edge of “innovative” and “what was it thinking?”
So, if you’re watching the market, pay attention. Or…
You can become a member of GorillaTrades and we can tell whether or not jumping into one of these bad boys is a smart – or… ummm, not so smart.
Our trading system is triggered from data and numbers – ZERO speculation – all profit opportunities are based on real data…
So, if we offer a stock as a recommendation – you can bet that we’re doing so for a good reason.
I’d love to show you how it works – but you can only really know by becoming a member.
That’s why I’m urging you to do so today…
As we move into the slower winter season – most investors are going to need all the help they can get.
With the unsurety of the geopolitical world…
It could be the best move your make to secure your future.
Or you can keep going it alone.
The choice is yours!
Either way, keep your eye on Amazon and Apple – they could be harbingers of good things to come!
“The easier it is to do something, the harder it is to change the way you do it.” – Steve Wozniak
