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As everybody knows, Apple's major innovations happened on well known product categories that other companies had not properly looked at. Apple took the existing ideas, figured out the most important features and executed extremely well.

Maybe the world has changed and such opportunities no longer exist. There's more VC money available and more large IT companies pursuing various opportunities. It might be that we simply don't have such overlooked categories any more. Even if they do exist, everybody is watching Apple so closely that it is not likely they could build something major in secret.




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