Technology is broader than just software (though I'm not implying you said it is just software). Apple is a phenomenal technology company - their hardware + sof

Technology is broader than just software (though I'm not implying you said it is just software). Apple is a phenomenal technology company - their hardware + software integration is unmatched and they have made advances in everything from software to hardware to supply chain optimization to manufacturing technology. Also, they are ( or at least were) a prime example of a company that can bet on high risk, longish term investments that don't have an immediate application : e.g. their investment in chips, touch technology etc. It may not be as long term as some of the Google X stuff but I don't think it is fair to call them averse to making high risk long term investments.