Today's Above Avalon stories:

Apple 1Q17 Earnings Preview (Part 3 - iPhone)
Apple 1Q17 Earnings Preview (Part 4 - Guidance)
Apple 1Q17 Earnings Preview (Part 5 - Estimate Summary)

Today's email includes the second half of my Apple 1Q17 earnings preview. (The first half is available here.) We discuss my iPhone sales estimate. We go over some of the data that drove my thought process regarding 1Q17 iPhone sales. The email then turns to mangement's 2Q17 guidance. We discuss the most likely revenue guidance range, as well as how Wall Street may react to guidance. The email concludes with an overview of my Apple financial estimates for 1Q17. We discuss where the biggest difference between my estimates and consensus/guidance is found and the factors driving that difference.

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