Final U.S. Tax Bill Unveiled, Apple's New Effective Tax Rate, AirPods Sell Out

Today's Above Avalon email includes the following stories: 

  • Final U.S. Tax Bill Unveiled
  • Apple's New Effective Tax Rate
  • AirPods Sell Out

We kick off today's email with a look at the compromised version of the Tax Cuts and Jobs Act (the U.S. tax bill). Specifically, we discuss the parts of the tax bill that will impact Apple. The discussion turns to my initial thoughts on Apple's new effective tax rate going forward. The email concludes with news of AirPods selling out with one week left to the critical holiday gift season. 

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