### Comment:
That logic is counter to banking on services.        
        
 You think HP would have made as much on printer ink if the printers were $1,000 each?       
       
 The hyped 'super cycle' fell flat on its face, and people not buying iPhones =&gt; few people on iOS =&gt; fewer people buying the services.      
      
 Still, imo, until Android &gt; iOS, long AAPL.

### REPLY:
I don’t buy the Apple Services narrative though. I just think they’re an excellent maker of luxury integrated hardware and software

### END.