The Rise of iPhone X Copycats, Apple vs. Samsung Design Bets, Tencent Struggles

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

  • The Rise of iPhone X Copycats
  • Apple vs. Samsung Design Bets
  • Tencent Struggles

We kick off today's email with my thoughts on the growing number of iPhone X copycats in the market. The discussion then turns to how Apple and Samsung are placing increasingly different design bets when it comes to smartphones and smartwatches. The email concludes with a look at Tencent's recent struggles. 

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Apple Earnings Model, Apple FY2018 and FY2019 Estimates, Apple Valuation