Apple can continue this growth for a long time. Many people are willing to pay a premium for Apple products and their marketing and brand value is rivaled by very very few. Their customers are also very loyal. The Ipod sales will probably continue to be flat or may decline(though still very profitable) but their mac market share can continue to grow, their IPhone market can continue to grow, and their Ipad market will continue to grow. And in five years or so I'd expect they'd come out with another new device to sell. But on top of all that the Ipad and Iphone will continue to bring in huge revenue streams from App downloads and advertisements.
The stock is already pretty expensive with a P/E ratio in the mid 20's but I think I am gonna purchase some shares soon because not only will I get a nice return in the long run but most importantly so it wont bother me every time my friends act as if Apple products are the only electronics that exist. And when they tell me how amazing the Iphone is or the Ipad will be and I tell them oh cool there are 10 other devices that do the same things, they don't believe me.
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