Spotify 2Q24 Earnings, Spotify vs. Apple Music
Today's Above Avalon Daily email contains the following story:
Spotify 2Q24 Earnings
Spotify vs. Apple Music
This will be a busy week for earnings. We will begin preparing for Apple’s earnings release tomorrow. For today’s update, we focus on Spotify. It’s actually been nearly a year since we took a closer look at Spotify’s financial performance. The discussion goes over four factors that drove Spotify’s 2Q24, the big picture facing the company, and a key difference between Spotify and Apple Music.
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Peloton Doubles Down on Software Pivot, Spotify 4Q21 Earnings, Something Is Wrong With Spotify
Today's Above Avalon daily update includes the following stories:
Peloton Doubles Down on Software Pivot
Spotify 4Q21 Earnings
Something Is Wrong With Spotify
Given today's news flow, we are in a position to wrap up our Peloton discussion (at least in the near-term). We continue to have a very good handle on where Peloton finds itself and the most likely path forward for the company. The update begins with my thoughts on Peloton earnings and the company’s long list of strategy changes to save the business. Peloton’s implosion is providing insights regarding the connected health/fitness space. We then turn our attention to Spotify by going over the company’s earnings. Our discussion concludes with why I think something is wrong with Spotify.
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