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"As an outsider, [I see] the industry is talking about the BBC, we should be talking about the 5 billion people [who will be online in 2020], we should be talking about creating great content that goes beyond those barriers of time and space and reach audiences, while we still have an amazing productive and profitable device in the corner of the room that is making us money".
Analysts estimate the iPhone has a gross margin of about 50%, making it an extremely profitable device for the world's most valuable company.
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In addition to aircraft and spacecraft, aerodynamic studies in wind tunnels have been highly profitable devices for solving design problems in automobiles, boats, trains, bridges, and building structures.
That will delay the rollout of the more profitable devices to sensitive parts of the UK government, although some departments whose civil servants do not need to deal with restricted documents are already using other platforms, including Apple's iPhone.
Mansfield led the hardware engineering of some of Apple's most profitable devices, including the iPhone, iPad, iPod and Mac.
Nadkarni says the consistently profitable programmable logic device (PLD) and analog chip companies like Maxim, Linear Technology and Xilinx could be sizeable-dividend payers.
Internet services that provide information and entertainment are bound to be as profitable for mobile devices as they are for stationary devices.
The company is broadening its products as rivals like EMC and BMC Software try to increase sales of software, which is more profitable than storage devices.
"It is probably one of the most profitable consumer electronics devices ever developed," Mr. McGowan said, estimating that total retail sales last year topped $1.2 billion.
Les Funtleyder, a portfolio manager at Miller Tabak & Company, agreed that Johnson & Johnson's research and development operation has been sluggish recently, failing to turn out as many profitable drugs and devices as it once did.
Apple's strategic vision for their future has always been clear: they want to sell highly profitable consumer electronic devices.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com