Today's Above Avalon stories:

Phil Schiller Talks iPhone at Ten Years
Apple Releases App Store Financials for 2016

We begin today's email with a closer look at Apple SVP Phil Schiller's comments about the iPhone on the 10th anniversary of its unveiling. There were a number of takeaways from his comments, including the clearest signal yet regarding Apple's views on a stand-alone Siri speaker. The email then turns to the latest App Store financials. We take a deep dive into the new numbers. We also go over my thoughts and observations regarding App Store revenue growth and its relationship to Apple's overall Services revenue.

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