Commoditization of phones, tablets to hurt Apple? Nope
ACI Research analyst Ed Zabitsky says (http://macte.ch/81NIa) you should sell Apple stock because it's destined to fall due to increased competition. I beg to differ.
I'm not sure Apple stock will hit the US$1,000 mark some pundits are predicting, but it's certainly heading well above $600. Zabitsky says Samsung is destined to be the smartphone leader, that smartphones/tablets/web usage are destined to become just another commodity, and that folks will turn away from Apple's "closed" systems.
Let's think this through. Computers (such as Macs) and portable music players (such as iPods) have all been commoditized for a long time. Still, Apple manages to make a huge amount of profit from them -- far more than the competition.
The smartphone (namely the iPhone) and the tablet (the iPad) won't be any different. Apple still provides the best experience for a great price on all these devices. (Thanks to J. Scott Anderson for his input on today's column.)
-- Dennis Sellers