"Apple's one of those stocks you give to Rachel during her bat mitzvah, or you put in your 401(k)," he said. "Because over the long term, it's just hard to see how Apple doesn't continue to thrive."
Philip Elmer-DeWitt has been covering Apple since 1983 — mostly for Time Magazine (28 years), later for Fortune (9 years), where he wrote a daily blog called Apple 2.0. [Read more.]