I am not too sure that the Google announcement was supposed to coincide with the Apple iPhone celebrating their 5th birthday yesterday. 150 billion Dollars worth of collective sales since 2007 and 250 million of them shipped over that time is nothing short of amazing. The app store will celebrate their fourth birthday next month. The iPhone 4S was released in October last year, and was a resounding success. I have seen various analysts stick a 1000 Dollar plus price on the stock. I see that most analysts still have a conviction buy on the stock, the next quarterly numbers will be a catalyst for the stock to move higher (or lower), it has had a cracking year so far, 41 percent higher, but is lower over the last three months.
The Business Insider had a really nice chart of the selling price of the device over the last five years: One Of The Most Amazing Things About The iPhone's First Five Years. That last point is key, if Apple were losing any share, they would cut their prices. For the time being this is not happening, but I suspect that this is a company that you have to watch more closely than most. Since the iPhone release, the major competitor at the time, RIM, has seen its share price down 83.85 percent, Nokia down 92.11 percent. Whereas the Apple share price is up 367 percent. The markets have voted with their feet.