Apple's annual profit is around $180 billion right now. It'll be fine without the $20 billion from Google even if it does mean the share price goes down a bit for a couple years.

Look at the other side of the transaction, though. Google is going to be saving $20 billion a year and will be able to actually invest it in something other than buying a default. With $20 billion a year, unless they're grossly incompetent, they ought to be able to spend it on something that makes people want to use them as the default rather than be forced to use them as the default.

It's time for the entire computer industry to wisen up to one important fact: the party is over. Our phones are good enough. Our tablets are good enough. Our laptops are good enough. It took us 40 years to get here, but here we are.

I think there's still viability in eyewear, but they need to solve the problem of how to make your phone do the compute and the eyewear be a wireless display. Then a whole new world of applications will open up.

Until then, services is about all anybody has. Cloud storage. Movies and shows. Music. Fitness. News. It's kind of lame, but it's putting food on tables.