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

Meta 2Q22 Earnings
Philosophical Differences Between Zuckerberg and Apple
Thursday Q&A

We kick things off by going over Neil’s thoughts on Meta’s 2Q22 earnings release and conference call with analysts. The discussion then turns to how Mark Zuckerberg realizes that his metaverse vision doesn’t align with Apple’s intended path. We conclude with the latest installment of Thursday Q&A in which Neil answers the following questions from Above Avalon members:

Do you think Apple will join the gas car to electric car revolution? Or will they spend billions chasing L5 self driving technology like Waymo?
What is your take on Apple's recent Health Report? Who do you think this report was addressed to? Why now?
Why wouldn’t Apple raise product prices across the board to offset margin deterioration arising from FX / inflation / supply chain issues?

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