I don't think so. I think its peaking right now. As people get tired of Iphones and Ipads, the stock price will fall.
The iPhone 6/plus still broke records by selling 4 million in 24 hours,10 million in its first week.Lets see if they can still keep this momentum next year. The iPad,however, is actually declining in fact this 4th quarter it only sold about 5.31 million which is nearly 3 times less than 14.10 million from last quarter( I might be wrong about this). Of course the iwatch might make up for the lost sales of the iPad.
Proud to be a Californian.