I'm glad Steve Jobs was well enough to be part of the earnings.
Comparing Apple to Intel is silly. Anyone with half a brain would rather own Intel than Apple. Intel owns the microprocessor market, because they are the best. Their manufacturing is the best in the world, and has been for a very long time, and is essentially insurmountable. They can not be copied. Their designs are also superb, and would require enormous amounts of money to even compete against.
Apple's got a cute style that's easy to copy. They own nothing, and have to keep coming up with brilliantly conceived ideas that realize a market no one thought of. Give them their due, they've done it exceedingly and shockingly well the past several years, but what about before that? What happens if they misfire, and other companies catch or surpass them? We already see a lot of competition in the tablet market, and Android phones getting more and more attractive.
When someone says what's next for Intel, you look at a progressive history of success, and a future that looks unassailable. When you look at Apple, you look at a choppy past, a brilliant present, and a fragile and uncertain future. In five years, do you think Apple will still be double what Intel is? I surely do not. Apple would scare me to death to invest in. They are much more susceptible to mistakes. Intel has made them forever, without much impact at all, because their strengths are so formidable. Apple? They almost went out of business in the 90s.
Also, Intel has one major enemy, and it's a weakling (AMD). They have many allies. Apple has one major ally (Intel), and many formidable enemies.