Today's Above Avalon daily update includes the following topics:
WSJ’s Apple Buyback Hit Job
Judging Apple Buyback Effectiveness
Netflix’s Bird Box Redefines Going Viral
We begin today’s email with a closer look at the WSJ’s questionable article about Apple suffering massive losses from its share buyback program. Our discussion goes over some Apple share buyback mechanics and how best to grade the program’s effectiveness. The email concludes with my thoughts on how ‘Bird Box’ went viral over the holidays and what the Netflix movie’s success means for the overall video streaming space.
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