Today's Above Avalon stories:

Aetna to Subsidize Apple Watch
Apple Is Increasing iPhone 7 Orders

We begin today's update by going over Apple's new partnership with Aetna. The third-largest health insurer in the U.S. plans to subsidize Apple Watches. After discussing the three major parts of the announcement, we go through my thoughts and observations about a health insurer subsidizing Apple Watch. The email then turns to a new report from the iPhone supply chain indicating Apple just increased part and component orders for iPhone 7. We go over the new numbers and how they would impact my iPhone unit sales estimates for FY1Q17 and FY2Q17.

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