> It is obvious that eventually the sales of any product, even the iPhone would eventually plateau. Eventually, probably, if by "plateau" you mean "decelerate.

> It is obvious that eventually the sales of any product, even the iPhone would eventually plateau. Eventually, probably, if by "plateau" you mean "decelerate." > This means of course, the stock value would be no longer determined by some fancy dreams of growth but the actual financials of the company. LOL. Apple's P/E is 11.45. Google's is 35.69. Microsoft's is 37.28. Facebook's is 105.14. Amazon's is 980.46. The S&P 500 average is 21.54. Which of these has "fancy dreams of growth" again?