Today's Above Avalon stories:
- Berkshire Hathaway Buys AAPL Stake
- Deep Dive into 1Q16 Wearables Market
Today's email begins by taking a closer look at Berkshire Hathaway buying a $1 billion stake in AAPL. We discuss the notion that the move suggests Apple is now a value stock. Upon closer examination, Berkshire Hathaway's thought process towards AAPL isn't too mysterious. The email then turns to new data for the wearables market. We look at the latest smartwatch and fitness band sales trends with additional comments about the broader wearables market in 1Q16.
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