Not just new products, but creating entirely new product categories. Just having well-selling products (lie Apple tv, Apple Watch etc.) isn't enough to move the

Not just new products, but creating entirely new product categories. Just having well-selling products (lie Apple tv, Apple Watch etc.) isn't enough to move the needle compared to the money faucet that is the iPhone. Apple is still growing nicely and the stock is priced like a mature, but still very healthy company, but it's going to be very difficult for Apple to achieve another "hit it out of the atmosphere" homerun that is necessary to outperform a 17 P/E ratio when you have a trillion dollar market cap already.