Does Apple need to create an entirely new product to stay on top?
Apple is sitting on top of the world right now. It has the most popular handset and tablet on the market, it broke nearly every company sales record last quarter, and it’s currently the most valuable corporation in the world.
The company’s real accomplishment, however, is how quickly it has risen to the top. Less than two years ago Apple’s market cap was only $200 billion. And now it’s teetering around the $500 billion mark. But how long can it keep up this ridiculous pace?