Today's Above Avalon email includes the following stories:

Fossil Seeing Strong Smartwatch Demand
Snap Discloses Spectacles Sales
Thursday Q&A

We begin today's email with my thoughts and observations on Fossil's 1Q17 earnings. The clothing and accessories company had quite a bit to say about the smartwatch market. We also go over my estimate for the number of smartwatches Fossil sold during 1Q17 and it how it compares to other wrist wearables companies. The discussion then turns to Snap's 1Q17 earnings. We go over the company's Spectacles (sunglasses with a camera) sales, and the best way to judge how Spectacles are performing. We end the email with the latest installment of member Q&A, and I answer the following questions from Above Avalon members:

Should Apple own more of their manufacturing, instead of relying on third parties?
What have I heard about the Apple Watch including blood monitoring functionality?

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