I don't mind paying for a new Apple, but I do mind paying for repairs on a system that fails just after the warranty runs out. Paying $1500 for a new computer every 5 years or so is good. Paying $1500 for a computer every 16 months, not so much.
The monitor on my MacBook Pro just died, and I bought it July of last year. The repair was about $850 USD. Luckily my credit card covered the hardware warranty, but I'm kind of wishing I'd bought AppleCare.