Apple 4Q19 Earnings Review (Full Notes)
Today's Above Avalon daily update includes the second half of my Apple 4Q19 earnings review. We discuss my full notes and focus on the granular takeaways from Apple’s earnings report and conference call.
The 2,300-word email covers 25 different topics.
Above Avalon membership is required to read this daily update. Members can read the update here.
(The first half of my earnings review focused on the major themes and takeaways is available here.)
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Google Smartwatches, Slipping Mac Shipments, Problematic iPhone Customer Surveys
Today's Above Avalon stories:
- Google Smartwatches
- Slipping Mac Shipments
- Problematic iPhone Customer Surveys
We kick off today's email with a closer look at reports that Google is planning on launching its own smartwatches. After going over some background on the wearables market, we discuss why Google feels such a move is needed and my thoughts on the company's prospects. The email then turns to the latest Gartner and IDC PC data, which points to another weak quarter for Mac sales. After going over the most likely reason for the weakness, we discuss why it is premature to write off future Mac unit sales growth. We conclude with thoughts on why I think customer purchase intention surveys dealing with iPhone upgrades have lost much of their value.
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