Today's Above Avalon stories:

Apple 1Q17 Earnings Preview (Part 1 - Setting the Scene)
Apple 1Q17 Earnings Preview (Part 2 - Services, iPad, Mac, Apple Watch)
Sprint Buys 33 Percent of Tidal

We begin today's email with the first half of my Apple 1Q17 earnings preview. We discuss my thoughts on expectations heading into next week's earnings report. The email then turns to a closer look at Services, iPad, Mac, and Apple Watch. We go over my unit sales and revenue estimates, as well as an overview of each product line heading into earnings. The email concludes with a discussion about Sprint buying a 33 percent stake in Tidal. We go over the deal's rationale for Sprint and Tidal, including what the deal means for the broader music streaming space.

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