5 years ago, Apple released the iPhone. Without a doubt, it set the new bar for mobile and permanently changed consumer expectations for what mobile devices could be capable of. We now had a tool that could do much of what our desktop computers could do – and a lot more.
In the meantime, numerous incumbents and upstarts have all tried to take Apple down. Lets compare market capitalizations of some competitors: GOOG +8%, MSFT +2%, RIMM -86%, NOK -92%, AAPL +367%.