Earlier quoted context omitted.
> “Apple is doomed any day now”. That’s been the narrative for over 40 years. And they almost went out of business at least twice, once they survived because MS bailed them out. Apple pre-iPod was a source of amusing commercials. Pre iPhone they were the catalyst for change in the music industry, but they were still a consumer goods company with one product that had pretty wide, but still overall limited appeal. Appl…
Just Mac revenue by itself would be the envy of most companies. But you can easily look at Apple’s revenue breakdown between Mac, iPads, services, wearables, etc and see that it is well diversified. And Microsoft never “bailed them out”. Before the MS deal was signed, Apple had already gotten a line of credit for a couple of billion. The $250 million that Microsoft invested in Apple was nothing. Apple turned around a…
If iPhones vanished tomorrow, how much trouble would Apple be in? Wearables are 100% attach rate to iPhone, and I'd presume so are the vast majority of service subscribers.
> Before the MS deal was signed, Apple had already gotten a line of credit for a couple of billion. The $250 million that Microsoft invested in Apple was nothing.
As others said, the software support, browser + office were huge.