Apple Working on VR Headset?, Doubling Apple's Buyback Pace, Apple Officially Discontinues AirPort
Today's Above Avalon daily update includes the following topics:
- Apple Working on VR Headset?
- Doubling Apple's Buyback Pace
- Apple Officially Discontinues AirPort
Today's email kicks off with my thoughts on CNET's article about Apple developing an AR/VR headset. There are parts of the report that don't sit well with me. The discussion then turns to Apple's upcoming announcements regarding its capital return program and buyback pace. We go over whether Wall Street has already priced in a big bump in Apple's share buyback pace. The email concludes with Apple officially discontinuing its AirPort routers. We discuss the two motivating factors behind Apple's decision.
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