Apple Invests in Corning, Garmin 1Q17 Wearables Sales
Today's Above Avalon email includes the following stories:
- Apple Invests in Corning
- Garmin 1Q17 Wearables Sales
We begin today's email with my thoughts on Apple investing $200M in Corning. We discuss Apple's history with Corning and why Apple is investing in the company. We also go over the Apple/Corning press conference from last week, in which Apple COO Jeff Williams spoke. There were a number of takeaways from the event. The email then turns to Garmin's 1Q17 earnings. In what may come as a surprise to most people, Garmin has become a leading wearables company. We go over the company's financials in order to derive Garmin wrist wearables sales for 1Q17. We then go over a few reasons why I think Garmin and Fossil are similar to each other when it comes to competing against Apple Watch in the wearables space.
These stories are available for Above Avalon members. To continue reading, click here.
Become an Above Avalon member to read today's stories and receive future stories in a daily email containing 2-3 stories (10-12 stories/week). You can use the payment forms/links below to sign up ($20/month or $200/year). For more information on membership, click here.