Fitbit’s Dire Situation, Spotify Earnings, Disney Earnings

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

  • Fitbit’s Dire Situation

  • Spotify Earnings

  • Disney Earnings

Today’s email will focus on three earnings reports from Apple competitors (Fitbit, Spotify, and Disney). We begin by discussing why it is time to begin asking the difficult questions when it comes to Fitbit’s future. The discussion then turns to Spotify and where I see things going for the company. We conclude with Disney’s results and new details regarding Disney+ bundling.

Above Avalon membership is required to read this daily update. Members can read the update here.

Above Avalon Membership

Above Avalon members receive all of my analysis and perspective on Apple. The cornerstone of Above Avalon membership is access to my exclusive daily updates about Apple.

Daily updates are 2,000-word emails that revolve around the following topics:

  • Apple business and strategy analysis.

  • Apple financial estimates.

  • My perspective and observations on current news and Apple competitors.

  • Full coverage of Apple earnings, product events, and keynotes.

If it is of interest to Apple, it is something I pay attention to. 

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  • Exclusive Analysis. Receive exclusive daily updates containing my analysis and perspective, 100% related to Apple. Approximately 200 daily updates are published throughout the year. Members also receive my exclusive reports, in-depth examinations into Apple's business strategy. Each report covers one topic, and a new report is published each quarter.

  • Apple Earnings Model. Access my working Apple earnings model. The model is fully functional and adjustable with the ability to alter earnings drivers.

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Why Apple Even Bothers with Music, Spotify Is Moving the Goalposts, Thursday Q&A

Today's Above Avalon stories: 

  • Why Apple Even Bothers with Music
  • Spotify Is Moving the Goalposts
  • Thursday Q&A

We begin today's email by going over one of the common questions that I received this week regarding Apple's music ambitions: "Why should Apple care about owning the music industry?" We discuss how Apple thinks about music and why the company is dedicating resources and time to the endeavor. The email then turns to new Spotify subscriber numbers and evidence that the company is moving the goalposts when it comes to disclosing "paid" subscribers. This has implications when it comes to comparing Apple Music to Spotify. We conclude with Thursday Q&A (questions from Above Avalon members). This week's questions:

  • Why aren't there any Apple Watch leaks?
  • Is Tim Cook being conservative with his claim that Apple Watch sales will trend like iPod with sales centered around the holidays?
  • Do you think Tesla's Autopilot should be recalled given the growing number of incidents?
  • When do you write these daily updates?

These stories are available for Above Avalon members. To continue reading, click here.

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