Today's Above Avalon daily update includes the following topics:
- Apple 2Q18 Earnings Preview (Part 1 - Setting the Stage)
- Apple's Rough Week on Wall Street
- Apple Expanding iPhone Production in India
Today's email includes the first part of my Apple 2Q18 earnings preview. We discuss my thoughts on the overall environment heading into next week's earnings. The email then turns to Apple's rough week on Wall Street. The company lost $46 billion of market capitalization last week. We go over what the stock drop may imply about Apple having a new Wall Street narrative. The discussion concludes with my thoughts on Apple expanding iPhone production in India to include a second iPhone model.
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