News Summary

• Horace Dediu: Apple is not one continuous story for 50 years, but two major stories.
• He says the second half of Apple is much more about building a business that has longevity, [that] can last a long time.
• Apple has a unique advantage of saying no to a lot of things and saying yes to the things where you can bring great things to bear, he says.
• The Vision Pro is a product that is very difficult to find how it’s going to solve problems, he adds.