Amazon, Apple beat Wall Street forecasts in quarterly earnings
October 30, 2025

Amazon reported its Q3 earnings on Thursday, which “beat Wall Street forecasts” as revenue “rose 13%” to $180B, according to Jill Goldsmith of DEADLINE. Operating income “was flat” at $17.4B including a $2.5B FTC settlement and $1.8B in “estimated severance charges related to planned job eliminations.” Those “came this week when it announced a hefty 14,000 layoffs across divisions.” Amazon’s Q3 was benefitted from “Thursday Night Football” kicking off its fourth year on Prime Video and averaging “15.3 million viewers,” according to Nielsen, which is a “16% increase over last season’s seven-game average.” It also is the “best for TNF on any network in a decade.” The NBA also debuted on Prime Video in more than 200 countries, delivering an “average audience of 1.25 million viewers in the U.S.” during its season-opening double header, according to Nielsen (DEADLINE, 10/30). The HOLLYWOOD REPORTER’s Alex Weprin writes Amazon’s “growing dominance in the advertising sector was in full display, with ad revenue soaring” by 24% year over year to $17.7B (HOLLYWOOD REPORTER, 10/30).
(HONEY)CRISP EARNINGS: THE WRAP’s Loree Seitz writes Apple posted Q4 earnings that “exceeded Wall Street expectations, with revenue coming in” at $102.47B, “up 8% from a year ago.” Q4 saw “significant growth” in the services business, which includes Apple TV. Apple “benefitted from the summer theatrical release” of “F1,” which “gave the company one of its first box office hits as it tallied up” $55.6M domestically and $144M globally in its opening weekend. The success of “F1″ “paved the way for the company’s licensing deal with the league inked in October,” which will give Apple the exclusive U.S. rights to F1’s series of races beginning in 2026 for five years (THE WRAP, 10/30).
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