Apple posted quarterly earnings today to the disappointment of Wall Street, but no real surprise. You can argue the point, but Apple is an aging computer hardware company. Margins are beginning to drop and prices will begin to fall as people figure out great design doesn’t mean performance and certainly not at the premium Apple has been charging for a decade. The days when Apple can release the newest version of its iPhone every 16 months are gone. Say hello to the new competition that hails from Korea. There are more than 100 notebooks out there competing with the iPad. Are they as good? A better question is are they good enough at a third of the price? Wait, what’s that sound, I should have known, it’s Google eating Apple’s lunch.
Ralph Braseth 