Amazon's Weak Outlook, Apple's China Sales Miss, Delta Up
May 1, 2025
Amazon faces challenges with a weaker profit forecast, citing tariffs and a potential drop in consumer spending. Meanwhile, Apple reports a surprise drop in Chinese sales, overshadowing overall growth. The implications of these shifts on investor sentiment are explored. Additionally, Delta Air Lines sees minor gains while navigating a leadership change within its regional carrier, hinting at future corporate strategies. Tune in for insights on how these giants adjust to market pressures!
04:49
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
insights INSIGHT
Amazon's Caution on Profits
Amazon's operating profit forecast for the quarter fell short due to tariffs and supply chain issues.
AWS growth is slowing, raising valuation concerns despite a slight beat on revenue.
insights INSIGHT
Apple’s China Sales Challenges
Apple missed sales expectations in China with a 2.3% revenue decline.
The company is gradually shifting iPhone production out of China, highlighting supply chain risks.
question_answer ANECDOTE
Apple vs Android Anecdote
Apple was seen as the top luxury phone brand overseas, but Android phones were more common.
Carol Massar shared she personally used Samsung's early folding phones before switching back to Android.
Get the Snipd Podcast app to discover more snips from this episode
- Amazon (AMZN) shares are down in extended trading as the company gave a weaker-than-expected forecast for operating profit in the current quarter, pointing toward a long list of factors including tariffs and trade that may cause consumers to pull back on spending. The world’s largest online retailer projected operating profit of $13 billion to $17.5 billion, compared with an average estimate of $17.8 billion. Sales will be $159 billion to $164 billion in the period ending in June, the company said Thursday in a statement. Analysts, on average, expected $161.4 billion.
- Apple (APPL) shares are down in extended trading as sales from China declined more than anticipated in the latest quarter, overshadowing otherwise solid results for the iPhone maker. Revenue from the country fell 2.3% to $16 billion in the fiscal second quarter, which ended March 29, the company said in a statement Thursday. Analysts had estimated $16.83 billion. Overall sales gained 5% to $95.4 billion, ahead of the $94.6 billion average estimate. Apple had projected percentage growth in the low- to mid-single digits.
- Delta Air Lines (DAL) shares have small gains in after hours trading. The airline says that the head of its Endeavor Air regional carrier will step down, but remain with the parent company. Jim Graham’s departure as Endeavor chief executive officer is part of a plan that’s been in the works almost a year, he said in a Thursday memo to the airline’s executives and directors seen by Bloomberg News. Graham retains his role as a senior vice president with the Delta Connection regional operation, Delta said in an email.
Stock Movers