Today's Above Avalon email includes the following stories:

Apple ARKit Ahead of Curve
Apple Shipping iPhones Made in India
Pearl Automation Shuts Down

We kick off today's email by discussing how Apple's ARKit is ahead of the curve when it comes to bringing AR to the masses. The discussion includes a look at how the major debate in the smartphone industry is moving away from being about market share versus profit share. The email then turns to news of Apple shipping iPhones assembled in India. We go over four observations regarding Apple's prospects in India. The email concludes with my thoughts on Pearl Automation shutting down. Pearl was a three-year-old start-up in the auto industry founded by former Apple employees. The company was intriguing due to its goal of recreating the Apple Way outside of Apple. We look at Pearl's strategy to be like Apple and the company's fundamental problems.

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