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

Apple Makes Privacy Sales Pitch
Pegatron Diversifies out of China
A Defiant Angela Ahrendts

We begin today’s update with my thoughts on The Independent’s article regarding Apple’s data privacy strategy. The discussion then turns to news that Pegatron, Apple’s second-largest contract manufacturer, will invest in Indonesia. We look at how Pegatron’s move may provide a blueprint for how Apple will navigate the China risk factor. The email concludes with former head of Apple retail Angela Ahrendts giving an unusual on-camera interview with Bloomberg.

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