You mean make up something the article doesn’t say to validate my emotions?
People said that back in 2012 when the phone was a majority of the revenue. The cash pile is buying back shares and increasing the dividend every year. That’s better than a useless acquisition, and most big acquisitions end up destroying shareholder value not creating it.
Apple is more secretive about it’s investments than Google. Google is still over 90% ad revenue. You don’t see all the same doom and gloom written about Google, since they waste tons of R&D money on projects that’ll never generate revenue or profits. Their Nest acquisition is still losing massive amounts of money. They ended up writing off the Motorola acquisition. YouTube was their golden acquisition, because they could extend their ad platform to it. The rest of been value destroyers.
To me, the biggest disappointment is maps and Siri and still second rate. It makes me wonder about their ability to create software for consumers without Jobs. His ability to understand how humans expected software to perform and get engineers to create it was an exceptionally rare skill. If Apple can’t differentiate on software, then it’ll lose it’s premium hardware pricing.