Sam Badawi
AMIT | Apple and Amazon Earnings
10/30/2025, 8:04:19 PM
Economic Summary
- Amazon reported net sales up 13% year-over-year with AWS revenue up 20% to $33 billion; North America +11% and International +14%, signaling broad-based demand for AMZN.
- Operating income for Amazon was $17.4 billion; the speaker expects AMZN to reach roughly a 20% operating margin by 2029, projecting ~$200 billion operating income on over $1 trillion revenue if trends continue.
- Speaker emphasizes that AWS is reaccelerating growth to ~20%, which is a primary driver of Amazon's improving profitability and long-term outlook.
Bullish
- Amazon (AMZN): AWS is reaccelerating with 20% year-over-year growth and strong segment results, driving company-wide margin expansion.
- Meta (META): Speaker argues Meta is misunderstood by the market, implying potential upside as sentiment corrects.
Bearish
No bearish cases captured.
Bullish tickers
AMZNMETA
AMZN
Bullish
Net sales +13% YoY; AWS +20% to $33B; operating income $17.4B. Speaker expects ~20% operating margin by 2029 and ~ $200B operating income on >$1T revenue.
META
Bullish
Speaker states Meta is misunderstood by the market, implying upside as sentiment improves.
People mentioned
Mackenzie SagalosAndy Jassy