Today's Above Avalon daily update includes the following topics:
- Additional Thoughts on iPhone Sales Mix
- Netflix Moves into Radio
- Berkshire Having Trouble Spending Excess Cash
We begin today's email with a few additional thoughts on the current iPhone sales mix and what it may suggest about the need for Apple to raise or lower iPhone pricing. The email then turns to Netflix announcing a move into radio. We conclude with a discussion of how Berkshire Hathaway, one of Apple's top shareholders, is adjusting its own buyback criteria and how it could impact Warren Buffett's AAPL purchases.
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