Today's Above Avalon stories:

Deep Dive into Apple's 2016 10-K
Jimmy Iovine Hints at Original Music Content
Disney Turns Bullish on ESPN

We kick off today's email with a closer look at Apple's 2016 10-K filing. The email goes over my notes (15 subtopics) from the filing. We then discuss a recent Jimmy Iovine interview with the WSJ that caught my attention. When the topic turned to the future of music streaming services, Iovine had a few interesting comments regarding original content. The email then turns to Disney's recent earnings call and the company turning remarkably more upbeat about ESPN's prospects. We go over Disney's change of tone and how it may fit into Apple's content strategy.

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