> Apple's revenues may continue to rise for a long time, but as Microsoft shows, revenue is a lagging indicator in the technology business.

Well, revenue is already falling [1].

If you look at the first graph (revenue) you'll see that revenue is declining. Click "Trailing 12 months" to remove the seasonal trends.

[1] https://fairlyvalued.com/company/AAPL

Disclaimer: Fairlyvalued is new tool build by alch- and me.