This week’s earnings slate will play a role in determining whether tech stocks can now bounce back. Microsoft, Meta Platforms, Apple and Amazon are all set to report their quarterly results in the coming days.
Both $Microsoft(MSFT)$ and $Apple(AAPL)$ have market capitalizations around $3 trillion. Can you predict which stock will be a big winner this week,AAPL or MSFT? Share your thoughts in the comments!
📖Microsoft Earning Preview
$Microsoft(MSFT)$ is set to share its financial performance after the bell on July 30, 2024.Intelligent Cloud remains Microsoft’s highest-growth segment and accounts for 43% of its total revenue. For Q4 2024, expectations are for the segment to grow 19.5% YoY to US$28.7 billion.
Analysts expect Microsoft's revenue to be $64.476 billion, adjusted net income to be $22.027 billion, and adjusted EPS to be $2.937, according to Bloomberg's unanimous expectations. For more information about Microsoft‘s Earnings Preview, please click Microsoft Earnings Preview: Cloud Division Remains Pivotal to Earnings
Microsoft will host a conference call to discuss it's financial results on 07:00 31st July SGT . BOOK NOW>>
📖Apple Earning Preview
$Apple(AAPL)$ is expected to report earnings on August 1, post-market close. Apple’s overall performance can be attributed to its increasing focus on AI, which has made analysts more optimistic about its future prospects.
Analysts expect Apple’s revenue to come in at $84.419 billion and adjusted net income to be $20.67 billion. Adjusted earnings are likely to be $1.344 per share, according to Bloomberg's unanimous expectations. For more information about Apple‘s Earnings Preview, please click Apple Earnings Preview: iPhone To Be Key Apple Earnings’ Driver and AI To Bee The Next Ace
Apple will host a conference call to discuss it's financial results on 05:00 2 August SGT . BOOK NOW>>
📓How to Participate
Leave a comment below, sharing your predictions and insights on Apple's and Microsoft's earnings reports.
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⏰Event Duration
From July 29, 2024, to 04:00 AM on August 2, 2024.
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Comments
I think it’s MSFT
I didn't like $Apple(AAPL)$ due to their way of running the operations, for example needing to buy their specific cables, needing to create an account before you can use their products, etc... but have to admit their products are good and can last long...
on the other hand, I like $Microsoft(MSFT)$ have been using Windows for like all my life... kinda grew up with $Microsoft(MSFT)$ [Grin] [Grin] [Grin]
I should not take sides here as both have good products. hoping they both have good returns as many people are invested in them [Sly] [Sly] [Sly]
@LMSunshine @koolgal @rL @SPACE ROCKET @TigerGPT @Shyon @Aqa @GoodLife99 @HelenJanet @Universe宇宙
Leave a comment below, sharing your predictions and insights on Apple's and Microsoft's earnings reports.
All Tigers who leave a message in the comment sections of this post will receive 5 Tiger Coins.