Fair but the Apple of today is also a very different company than the Apple of 1996.<p>Before the Jobs&#x2F;Cook era, Apple used to have terrible inventory management, that isn&#x27;t a problem any longer.<p>Apple used to be extremely dependent on third-party distributors, they now are one of the most profitable retailers in the world, they also have built wide distribution networks far beyond &quot;computer stores&quot;<p>Back then, Apple had burned through most of the company profits, Jobs and Cook built a tidy trust fund worth approximately $250 billion cash-on-hand<p>Apple is in a far better position now to handle a debacle or stagnation, assuming one was to happen.