What is Apple to Wall Street? A growth company or value company. Is it a long term stock or is it a short term bet. Should Apple innovate nonstop. Apple is none of these. It is something different, but people want to place it into an existing category. Innovation does not happen when you call upon it and innovative break throughs do not happen everyday. If it did how innovative would it be. We would be dizzy with too much change. Things happen when the market is ready for it. It can not happen everyday.
Disclosure: I own a Macbook Air, an iPhone and an iPad mini