Apple, Amazon shares steady in Frankfurt after earnings

Apple and Amazon shares hold steady on Frankfurt exchange after earnings

Apple and Amazon shares on the Frankfurt exchange held steady after both companies reported quarterly earnings, with Amazon rising 1.3% and Apple dipping slightly by 0.1%. Early sales of Apple’s iPhone 16 outpaced previous models, while Amazon beat profit and sales estimates.

Apple and Amazon shares hold steady on Frankfurt exchange after earnings

Apple and Amazon’s shares traded steadily on Friday in Frankfurt following their quarterly earnings announcements. Apple’s Frankfurt-listed stock slipped a modest 0.1% after the company provided a tempered growth forecast, though early sales of the iPhone 16 showed stronger demand than the iPhone 15.

 

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Meanwhile, Amazon’s shares, listed on the Frankfurt exchange, rose by 1.3% after the company reported third-quarter profits and sales that exceeded Wall Street’s expectations. Amazon’s U.S.-listed shares had climbed around 6% in after-hours trading on Thursday following the earnings release.