Apple and AMD: Key Takeaways from the Latest Tech Earnings

In today’s Seaspray Private financial insight, we examine the latest quarterly earnings from Apple and Advanced Micro Devices (AMD), two of the world’s most closely watched technology companies. Both companies delivered stronger-than-expected results, with Apple reporting robust iPhone and Services revenues while AMD continued to benefit from accelerating demand for artificial intelligence and data centre technology. However, the market reaction diverged, as Apple’s weaker margin outlook weighed on its shares while AMD’s strong revenue guidance provided a boost to the wider AI trade. We look at the key figures from both earnings reports, the outlook for the coming quarters and what the results could signal for the technology and semiconductor sectors.