Amazon (AMZN) and Apple (AAPL) Brace for Tariff Impact in Upcoming Earnings

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2 days ago
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This week, major U.S. tech companies, including Meta, Microsoft, Amazon (AMZN), and Apple (AAPL, Financial), are set to release their latest earnings reports. The market is closely monitoring potential tariff impacts on their supply chains and imported products.

Analysts suggest that Amazon and Apple could be the most affected by the tariff situation. Amazon, being the world's largest cross-border e-commerce platform, heavily relies on revenue from Asian suppliers and retailers, making it vulnerable to tariff-related disruptions. The company will report its earnings on Thursday.

Apple is also scheduled to release its earnings report simultaneously. While the company has recently benefited from consumers purchasing products ahead of anticipated price hikes, the full implementation of tariffs could lead to increased supply chain costs and reduced consumer purchasing power, placing dual pressure on Apple.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.