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Amazon earnings preview: Record holiday quarter expected but COVID-19 expenses may curb profits February 1, 2021 at 7:54 am (Amazon Photo) The pandemic-driven e-commerce surge is expected to drive record sales and profit for Amazon as the company reports its holiday quarter earnings on Tuesday. Amazon previously set guidance of fourth quarter revenue between $112 and $121 billion. That would be a year-over-year increase of 28% to 38%, and the first $100 billion-plus quarter for Amazon. It’s also well past the previous record ($96.1 billion) that was just set in the third quarter. Annual sales may eclipse $350 billion, setting another record. Wall Street estimates earnings per share of $7.20, up 11% year-over-year, and revenue of $119.6 billion.
they're made in asia because they can't bring them in because the international trade body said they can't, you think it has minimal impact on the bottom line for apple? >> yeah, the practical implementation of the ruling is that apple can't sell iphone 4s and ipad 2s to at&t. by the time the ruling goes into effect, if it's not vetoed by the obama administration, the iphone 4 probably won't be for sale very much longer, so the reality is it's going to have very, very little impact on what apple sells. >> let me show you an apple versus google chart. you can see the tale of two tech companies. a lot of people tell me, people who ask about the stock market, should i buy apple or google, what does this tell you? this chart, what does it tell you about both the fortunes of google and the fortunes of apple? >> it tells you the future of the industry is in software and services. people perceive google's
the reality is that it's going to have very little impact on what apple sells. >> let me show you apple versus google chart. you can see the tale of two tech companies. a lot of people tell me -- people who ask about the stock market, should i buy apple or google, what does this tell you? this chart, what does it tell you about both the fortunes of google and fortunes of apple. >> it tells you the future of the industry is in software and services. people perceive google software and services offering to be better than apple's. >> could apple surprise us again? i think we have counted them down before and led by steve jobs they really had a renaissance. can that happen under tim cook? >> yeah, sure it can. look, the reality is they set the bar so insanely high. they created the two most successful products in the history of consumer electronics in a five-year period.
awards. shep? >> shepard: eric shawn in our newsroom. the fbi is right now scouring that home. we will go back there for a live report just minutes from now. first though the secretary of state john kerry today warned that unless the syrian regime and the rebels negotiate a peace plan, this is new. there may even be a breakup of syria. that's what he said. he said it after a meeting with the russian president vladimir putin in which the two sides now tell us they have agreed to convene an international conference on the crisis in syria. at last count and that was months ago, more than 70,000 people have died in the two-year conflict according to the united nations. and it appears there is no end in sight. in fact, the white house now claims it is highly likely that the regime has used chemical weapons on its own people. and listen to this. today, the entire internet appears to be out in that nation. see this chart? according to this google chart, at around 2:45 eastern time this afternoon, a quarter till