Today's Above Avalon daily update includes the first half of my Apple 1Q20 earnings review. We discuss the major themes and takeaways from Apple's earnings report and conference call.
The 2,500-word email includes the following sections:
The Big Picture
Apple 1Q20: By the Numbers
An iPhone Inflection Point
Products Margins Trough
Wearables Shine
Apple's Narrative on Wall Street Is Changing (Again)
Share Buyback Sustainability
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