Apple & Amazon are about to Move! |
Two of the world’s biggest companies Amazon and Apple are due to release Q1 earnings reports on 30-04-2010 after markets close. Amazon has been quick to profit from the COVID-19 lockdown, but Apple was more vulnerable to production problems. |
Apple |
Apple (AAPL) suffered as its Chinese production lines closed, but existing inventories covered the slowdown and new products are expected to be launched on schedule. Analysts are predicting a respectable EPS of $2.1 per share |
Amazon |
Amazon (AMZN) saw a surge in online orders during the lockdown and used its massive distribution networks to supply health products. Analyst consensus is an EPS of $6.35 per share, but traders are hoping that it will go even higher! |
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