[citation][nom]jecastej[/nom]Anyway you put it, Apple will loose its momentum several times in the future, will fail with a product or products, will have bugs, will face problems, paradigm changes, recessions, you name it, and it will eventually die someday. Apple has to demonstrate every year it deserves the market attention as any other company who wants to stay relevant. But it wont make a great prediction to say very general arguments like these.However if you have a great study bring it.But every argument that works on one side also must be pondered on the other side. If for Apple will be difficult or impossible to continue creating the "new toys" for years so it will be hard for everyone else. Apple also has been hated when they were one the poorest computer companies. At those times haters were saying Apple would disappear in six month or so but that was 10 years ago. So, they are having a great time now. The best I can say is save the negative feelings and do something great with that energy on your own life.What I really dislike today has to do with some of our "current" values as individuals and as a society. But I can't blame Apple alone for that.[/citation]
Agreed. The reason I make the claim that their valuation is ridiculous is that we have Apple with a higher valuation than established companies like Exxon Mobil, Coca Cola, etc. that have essentially been doing the same thing for a very, very long time. Exxon Mobile doesn't have to worry about product life cycles, changing consumer sentiment, or creating the 'next big thing'. Apple has failed many times in the past and will eventually fail on a product in the future (like any company that makes consumer electronics), so when there are claims that it's the most valuable company, I have to scoff.