Slyboots

Apple's Bountiful Revenues Are Bigger Than Ever

You ARE missing something, fatcat. Take a MacBook Pro, for example, and price a truly comparable machine (processor, hard drive space, memory) -- the difference is really minimal.

Apple: On an Innovation Treadmill

Here's my question. Do the same analysis, but three years ago, before the iPod really took off. Wouldn't you reach the same conclusion? Your historical analysis is faulty, precisely BECAUSE Apple innovates so brilliantly. For example, Apple has made the smartphone market explode, BECAUSE it created the iPhone.

I'm not saying you don't have good points, and I haven't drunk the Kool-Aid (yet :)). I'm just wary of situations like this, where prior performance is NOT, in my view, indicative of future profits.