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by c2 5447 days ago
One decade is great. Plenty of companies have had their one decade in the sun - Microsoft, Cisco, IBM... Standard Oil.

I think your comment is a bit of hyperbole, the success of a company like Apple is not unprecedented in history. Apple could continue doing "big things" over the next decade, I just seriously doubt their ability to continue their growth and justify their market cap over the next 5-10 years. That's all. Possible, yes, in my opinion extremely, extremely unlikely.

And also like clockwork, I had a comment explaining why I thought they would fail, and have downvotes.

1 comments

Take Microsoft: they are making most of the money off the same two products for decades—OS and Office. Now take apple: 47% of they revenue is from product which was introduced four years ago (iPhone). 21%(!) comes from product which was released merely a year ago—iPad.

Apple is not afraid to kill its cash cow if they think they have a better product in line—see how they dealt with iPod line before the iPhone—they were replacing the most popular model with something new.

I have no doubt Jobs has a vision many years into the future. It was amazing to watch his 1997 WWDC keynote and realize that now we see the fruits of his thoughts then.