International Perspective · July 31, 2026
① Samsung Q2 Operating Profit Surges 19x to $62B, Warns Memory Supply Shortage Will Worsen Through 2028 [详见中文版] — Samsung Electronics reported Q2 2026 results on July 30: consolidated revenue KRW 171.5 trillion (+130% YoY), operating profit KRW 89.5 trillion (~$62B, +1,814% YoY), both record highs. DS (Device Solutions) division contributed 99.7% of group profit with KRW 89.2 trillion operating profit at 70% margin. Memory EVP Jaejune Kim explicitly warned the supply crunch will deepen in 2027 before any relief, with meaningful incremental supply unlikely before 2028. Customers are seeking multi-year supply agreements; Samsung prioritizing those committing to guaranteed future demand. DRAM bit growth guided at mid-single-digits, NAND at high-single-digits for next quarter (Samsung IR / The Register)
② Amazon Q2: AWS Surges 37% (Fastest Since 2021), Full-Year Capex Raised to $220 Billion, Stock +10% After-Hours [详见中文版] — Amazon reported Q2 2026 results after-market July 30: revenue $200.6B (+20% YoY), EPS $5.75 vs $1.82 consensus (includes $53.4B pre-tax gain from Anthropic investment). AWS revenue $42.2B (+37% YoY), the fastest growth since 2021 and well above 31% consensus. Advertising $19.8B slightly above expectations. Full-year 2026 capex guidance raised from $200B to $220B — CEO Andy Jassy stated even $220B cannot meet all demand, 2027 will also be supply-constrained, and 2028 demand is 'staggering.' Q3 revenue guidance $197-202B (below $204B consensus due to Prime Day shift). After-hours +10% (Amazon IR / CNBC)
③ Apple Q3 FY2026: $109.4B Revenue (+16%), Tim Cook's Final Earnings Call as CEO [详见中文版] — Apple reported Q3 FY2026 (ending June 27) on July 30 after-market: revenue $109.4B (+16% YoY), slightly above $108.96B consensus, near the upper end of 14-17% guidance. EPS $2.03 (+29% YoY). iPhone revenue ~$56.9B, Mac $8.4B, Services $30.9B all at records. This was Tim Cook's final earnings call as CEO. Stock moved modestly after-hours (Apple IR / 9to5Mac)