Notes from Apple’s 2Q19 10-Q, Updated Apple Earnings Model, Thoughts on AAPL Valuation

Today's Above Avalon daily update includes the following stories: 

  • Notes from Apple’s 2Q19 10-Q

  • Updated Apple Earnings Model

  • Thoughts on AAPL Valuation

We kick off today’s email with my key takeaways from Apple's 10-Q filing for 2Q19. We cover 10 financial topics. The discussion then turns to my revised Apple earnings model following the company’s 2Q19 results. Above Avalon members have access to my working Apple earnings model at no additional cost. The email concludes with AAPL valuation and the factors that I think are responsible for Apple’s improved valuation metrics.

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