WSJยท2025-10-31 08:49Core Insights - The earnings reports from Apple and Amazon have generated positive reactions from investors, indicating strong performance in the tech sector [1] Group 1: Apple - Apple reported a revenue of $94.8 billion for the last quarter, marking a 2% increase year-over-year [1] - The company's net income reached $20.7 billion, reflecting a 3% growth compared to the previous year [1] - iPhone sales contributed significantly, with revenue hitting $51.3 billion, a 1% increase from the same quarter last year [1] Group 2: Amazon - Amazon's revenue for the last quarter was $143.1 billion, showing a 9% increase year-over-year [1] - The company's net income surged to $6.7 billion, a substantial rise from the previous year's $3.2 billion [1] - Amazon Web Services (AWS) generated $24.5 billion in revenue, representing a 12% growth compared to the same period last year [1]