Today's Above Avalon daily update includes the following stories:

Gauging Apple's China Risk Factors
Qualcomm Loses FTC’s Antitrust Case
Apple Announces MacBook Keyboard Changes

Having discussed the big picture regarding Huawei and China in the past two daily updates, it’s worth taking a look at some of the more tangible near-term impacts on Apple from recent trade developments. We go over the three major risks Apple faces related to U.S. / China trade tensions. The discussion then turns to my initial thoughts on Judge Lucy Koh ruling against Qualcomm in the antitrust case brought forward by the U.S. Federal Trade Commission (FTC). The email concludes with a look at three MacBook keyboard updates.

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