http://finance.yahoo.com/news/peter-thiel-says-age-apple-220616204.html Silicon Valley investment guru Peter Thiel predicts Apple's decline. "We know what a smartphone looks like and does. It’s not the fault of Tim Cook, but it’s not an area where there will be any more innovation." There are a lot of parallels between Apple and Uber/Lyft. An iPhone is mostly polish & presentation. It doesn't do anything that a cheap $100 can't do. At Uberlyft, too, the innovation has happened. What are they going to do now in 2017, Uber especially, to justify that $65 billion valuation?