Apple's New Wall Street Narrative, Amazon Discloses Number of Prime Members, Subscription Mania Has Arrived
Today's Above Avalon daily update includes the following topics:
- Apple's New Wall Street Narrative
- Amazon Discloses Number of Prime Members
- Subscription Mania Has Arrived
Today's email kicks off with additional comments on Apple finding a narrative on Wall Street. In particular, we look at my theory regarding how a capital allocation narrative does a better job of describing Apple's culture than a story based around Apple Services or the Apple ecosystem. The discussion then turns to Jeff Bezos disclosing the number of Amazon Prime members. We go over why I think Bezos decided now was the right time for disclosure. The email concludes with my thoughts on the subscription mania that has engulfed the tech and media space.
This daily update is available for Above Avalon subscribers. To continue reading, click here.
Become an Above Avalon subscriber to read today's email and receive future daily updates. You can use the payment forms/links below to sign up ($20/month or $200/year). For more information on subscriptions, click here.