it is just beginning to dawn on the financial punditry, but will probably take another six months to a year to really sink in. Apple is a software and services ecosystem. The hardware, though fabulously profitable, is just a means to an end. The ecosystem is the business. When this becomes generally known, Apple stock will be worth at least $300 a share.
if you own the mobile market, the tablet market, and the laptop market, and all of the software and services market for all of those customers, then you don’t need to be the most wildass innovative company on the planet. You just need to keep doing what you’re doing, better and better.