Today's Above Avalon email includes the following stories:

A $1,000 OLED iPhone
USB-C and iPhone
Thursday Q&A

We begin today's email with my thoughts and observations on The Wall Street Journal's article about the new iPhones scheduled to be released later this year. We discuss the probability of Apple shipping a $1,000 OLED iPhone. The discussion then turns to the WSJ saying the new iPhone will come with a USB-C port instead of Lightning. After going over some big picture takeaways regarding USB-C, we look at a scenario where this change would make sense. We then weigh the likelihood of that scenario occurring later this year. We end the email with the latest installment of member Q&A, and I answer the following question from an Above Avalon member:

Is it common for a large company like Apple to have its top five shareholders own as much as 20% of the outstanding shares?

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