[oflannabhra]

I agree that Apple has revenue challenges, and that the smartphone market has fully matured.

However, I think there is a compelling future where the iPhone is the heart of a constellation of devices that we use everyday. Actually, that is not even the future, that is the present. The sheer power of the devices in our pockets is only just now being realized.

In such a world, Apple is poised to have significant competitive advantages over others. That is, hardware and software integration. The next 5-10 years are going to be as exciting as the original smartphone revolution.