Neil Cybart Neil Cybart

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.

Above Avalon membership is required to read this update. Members can read the update here.


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Become an Above Avalon member and receive the following privileges and benefits:

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Neil Cybart Neil Cybart

Sonos 4Q22 Earnings, Spotify Subscriber Trends

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

  • Sonos 4Q22 Earnings

  • Spotify Subscriber Trends

We kick off today’s update by looking at the latest earnings release from Sonos. The discussion then turns to Spotify’s earnings with a focus on the company’s subscriber trends.

Above Avalon membership is required to read this daily update. Members can read the update here.


Above Avalon Membership

Payment is processed and secured by Stripe. Apple Pay and other mobile payment options are accepted. Special Inside Orchard bundle pricing is available for Above Avalon members.

Above Avalon members receive the full Above Avalon experience throughout the week.

The cornerstone of Above Avalon membership is access to Neil’s exclusive daily updates about Apple. Daily updates are 2,000 words and sent via email Monday through Thursday. Updates revolve around the following topics:

  • Apple business and strategy analysis.

  • Neil’s perspective and observations on current news and Apple competitors.

  • Neil’s Apple financial estimates.

  • Full coverage of Apple earnings, product events, and keynotes.

If it is of interest to Apple, it is something I pay attention to.

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  • Receive Exclusive Daily Updates. The cornerstone of Above Avalon membership is access to Neil’s exclusive daily updates about Apple. Updates are sent via email and go over current news and developments impacting Apple, its competitors, and the industries Apple plays in (or will play in). Approximately 200 daily updates are published throughout the year. Sample daily updates can be viewed here, here, and here.

  • Receive Exclusive Reports. Members have access to Neil’s reports, which are in-depth examinations of Apple's business, product, and financial strategy.

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  • Access Neil’s Earnings Model. Members have access to Neil’s working Apple earnings model (an Excel file that also works in Numbers). The model is fully functional and adjustable and provides the ability to alter earnings drivers.

  • Email Priority. Receive priority when it comes to having email questions and inquiries answered. Neil personally answers all inquiries, including customer service matters related to your membership.

  • Archive Access. Read 1,200+ daily updates and reports that have been previously sent to members. The Above Avalon member archive is unmatched in the marketplace in terms of the sheer amount of Apple analysis found in one location. The daily updates archive can be viewed here while the reports archive is available here.

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