snipey
09-10

$Apple(AAPL)$ NOTHING can return apple to high growth because of its huge size. apple merits a premium valuation because of its 1.5B fiercely loyal users w/a 99% satisfaction rating who can't wait to buy apple's new products and willingly pay for apple's unmatched user experience. apple's customers give apple pricing power which is why it is the most profitable biz ever. Buffett: “The single most important decision in evaluating a business is pricing power. If you’ve got the power to raise prices without losing business to a competitor, you’ve got a very good business".

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