> Apple has gone from leading the industry to increasingly desperate and huge "me too" developments that they've failed at. Apples biggest advantage is having

> Apple has gone from leading the industry to increasingly desperate and huge "me too" developments that they've failed at. Apples biggest advantage is having piles of cash to spend on R&D. Developing new products that it doesn’t have much previous experience with is how it’s gotten this big to begin with. That’s what the iPod was, that’s what the iPhone was, that’s what Apple TV was, that’s what the Apple Watch was, that’s how it became such a good chip designer, etc… The difference between now and 2001, is that it’s got so much cash today that it doesn’t need all, or even most, of its new R&D to succeed, so it can invest in more less-potentially-viable R&D, and it’s not such a big deal if it never gets to market. Which seems like the opposite of desperation to me…