Apple’s Growing Confidence in iPad, Spotify 2Q18 Earnings, Apple to Drop Qualcomm Modems

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

  • Apple’s Growing Confidence in iPad
  • Spotify 2Q18 Earnings
  • Apple to Drop Qualcomm Modems

We begin today's email with my recent weekly article, "The iPad vs. Mac Juxtaposition." In particular, we discuss how Apple's growing confidence in its iPad business is impacting the way it approaches the Mac. The discussion then turns to my thoughts on Spotify's 2Q18 earnings. We conclude with a closer look at prospects of Apple moving away from Qualcomm modems in this year's flagship iPhones. 

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Apple 3Q18 Earnings Preview (Revenue, EPS, Share Buyback, 4Q18 Guidance), Facebook's Dramatic Stock Price Drop