[Swordmaker]

Just think, if Steve approved of a $100 phone for the new middle class (making $12,000 a year) in India and China, then Apple would continue to be strong. As it is now, Apple has peaked.

Apple was/is selling the iPhone 4S in India up to about a year ago. Now they are selling the iPhone 5 in india. . . for quite a low price I understand. China's middle class makes far more than $12,000 a year equivalent.

[Falconspeed]

Thank you for your excellent posts. I am glad to hear that the middle class in China is making more than 12K a year. Nice.