Tim Cook's Questionable Interview with Jim Cramer, Apple Hits Another Roadblock in India

Today's Above Avalon stories: 

  • Tim Cook's Questionable Interview with Jim Cramer
  • Apple Hits Another Roadblock in India

We begin today's email by taking a closer at Tim Cook's interview with CNBC's Jim Cramer. Cook wanted a second chance to explain Apple's 2Q16 earnings. However, the interview just didn't hit the mark. We also discuss an observation I had regarding how Cook handles financial-related questions. This trend may explain why Apple seems to be having such a difficult time coming up with a new Wall Street narrative. The email then turns to news that Apple's application to sell remanufactured iPhones in India has been rejected. We go over the implications of this development and what it may mean for Apple's plans in India. 

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The iPhone Story Has Become Complicated, The Math Behind My FY2016 and FY2017 iPhone Estimates