Quick Read – NVDA surged 85% in revenue with 75% non-GAAP margins, while AAPL delivered its strongest June quarter ever at $109B. – A “100-year flood” in memory pricing could compress Apple’s September gross margin to 47%-48%, while Nvidia carries $119B in TSMC commitments. -…
idia’s P/E of 34 against 85% revenue growth favors growth investors; Apple’s $62B in buybacks and Services flywheel suit defensive portfolios. – NVIDIA (NASDAQ:NVDA) and Apple (NASDAQ:AAPL) just delivered earnings that frame the two dominant bets in tech today. Nvidia posted $81.61B in Q1 FY27 revenue with Data Center at $75.25B
Apple countered with $109.4 billion in Q3 FY26 revenue and its strongest June quarter ever. One sells the shovels. The other sells the finished product.
AI Factories Carry Nvidia. iPhone and Services Carry Apple. Nvidia’s quarter was almost entirely a Data Center story. Compute rose 77% and networking, powered by InfiniBand, NVLink and Spectrum-X, jumped 199%.