Apple

[Grieve]

You are talking as if it would have to replace all existing revenue. Do you think iPhone sales are suddenly going to zero? Seems a bit far fetched. Look at the misery Rimm have been in for the last few years, and they are still selling 40-50 million phones a year.

I think iPhone growth will slow (unless they really do release a cheaper phone for China and India, which looks likely), but any additional revenue from an iTV would be on top of what they already get. Plus $24b of that $54.5b was from stuff OTHER than the iPhone. iPad is still growing gangbusters, with no sign of slowing down, and the more apple devices there are out there, the more revenue they will get from iTunes and iCloud. Plus China revenue was up 67% this quarter from a year ago - that is a HUGE opportunity. Cook is expecting China to take over from the US as the biggest revenue source this year.

Also, what if they had a recurring revenue stream from iTV? Subscription service, maybe? They could do a Netflix-like service themselves. They are already releasing a Pandora-killer Internet radio service this year.

So in summary...I'll still be getting Jake's house.