re: What's wrong with AAPL?

Nobody's taking Apple down and Apple isn't going anywhere. The appetite for smartphones in China, India & Africa is exploding as we type. The numbers in those countries will rival and surpass US sales.

But beyond that, supplier constraints will squeeze small fries and upstarts. Big guys like Samsung & Apple can make huge buys and their ability to use that to prop up sagging suppliers like Sharp will help them at as well.

But their huge margins have helped them to stockpile cash, and now as suppliers stock gets more scarce (and invariably more expensive), they can maintain profitability by cutting margins and still price in discounts via volume buying which will keep them healthy. I think many folks underestimate their ability to survive simply due to what their size and cash stockpile can do.