Apple Expands App Store Search Ads, Apple’s Expanding Advertising Business, Thoughts on iPhone 14 Pricing

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

  • Apple Expands App Store Search Ads

  • Apple’s Expanding Advertising Business

  • Thoughts on iPhone 14 Pricing

We kick things off by going over Neil’s thoughts on Apple expanding Search ads to more App Store real estate. The discussion then goes over the two primary reasons for Apple to get (directly) involved in advertising. We conclude with Neil’s expectations for iPhone 14 pricing set within the backdrop of decades-high inflation and ongoing supply chain issues.

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Meta 2Q22 Earnings, Philosophical Differences Between Zuckerberg and Apple, Thursday Q&A

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Notes From Apple’s 3Q22 10-Q, Tracking Apple’s Paid Subscriptions, Apple's Share Buyback Update