Today's Above Avalon stories:

Samsung (and Facebook) at Mobile World Congress
Bloomberg Profiles Apple's Chief Chipmaker
Apple Retail Employee Rewards Program

We kick off today's email by looking at Samsung's keynote at Mobile World Congress. After going over the Galaxy S7 and S7 Edge, looking at ways the phones may impact the smartphone market, we discuss Mark Zuckerberg's appearance to discuss Facebook's VR partnership with Samsung. A number of things made me raise a few eyebrows. Next, we look at Bloomberg's big profile of Johny Srouji, Apple SVP for hardware technologies. There were a few future product observations from reading in between the lines. We conclude by discussing Apple launching a new retail program that rewards Apple Store employees for strong iPhone sales. At initial glance, such a program sounds incredibly worrying for Apple. We go over the likely motivation for such a program and if that worry is warranted.

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