They said that about Apple's Mac and iPod five years ago. Notice they introduced two entirely new product lines since then?

The company has proven over and over that it can branch out, and disrupt or define entire new markets... this is in addition to their incredible P/E ratio and unfathomably large cash hoard.

That and without stock splits, dividends, or stock buybacks.

You think Apple ignores the cheapskate customer? Hmmm, not sure about that. What of the entry-level iPod Nano and the iPod Shuffle during the 2005-2008 era? This crushed the competition. And what of Apple TVs? How will this affect the way people watch the boobtube? Gonna be interesting to see that play out...

people replace their phones,ipads,laptops,TVs, etc. did I mention NFC?