Tyler Crowe

And one thing we can say about Apple under Cook, it's been an outstanding operator.

that's not really surprising.

He came from the operations side.

You think about supply chain management, and as Lou, you said, keeping the things steady, keeping the trains running on time has been really Cook's strongest suit.

But I think if there was a mild critique, and I know, Matt, you highlighted the wearables and the service revenue and stuff like that.

I would say the critique that

A lot of people have had of Apple over the years, despite all of the success.

Not everyone can be happy, right?

There was this mild grumbling that some of its more recent developments and progress were like incremental gains instead of like these revolutionary products like we had with the iPhone.

And the iPhone was like...

by all accounts, a resounding success that transformed the way we think about mobile, everything like that.

Part of it is assuming that when we're bringing in a hardware and engineering guy, somebody really deep in the design, bringing new products to the fore, is this a sign where you guys think Apple is going to be going with Ternus here?

Not for nothing, too, and we just saw this, throwing a little extra curveball at Apple at the same time here.

I don't know if you guys saw this, but the European Union put out some new regulations saying, basically, you can't have obsolescence with a lot of devices.

Basically, you're going to have to have replaceable batteries in iPhones.

I don't know about you guys, but I've definitely had to replace iPhones from time to time because of battery replacement.

Maybe just a little extra curveball.

I don't know how much that's going to really move the needle or change the bottom line for Apple because, look, they're going to sell their products pretty much anyway.

But something like that, the European Union always seems to be adding some extra regulations to throw a wrench in things.

So after the break, we are going to get into the mailbag.