Your analysis makes sense without the tortured analogy to PC fanboyism. Macs are not in asset bubble, they are a product people enjoy, and pay a premium or aest

Your analysis makes sense without the tortured analogy to PC fanboyism. Macs are not in asset bubble, they are a product people enjoy, and pay a premium or aesthetics or peace of mind or lack of competition from an equivalent product, not because they hope to trade the Mac for something else later.