I doubt the majority of people have only a phone. Unless it's a poor 3rd world country, most people have some kind of computer at home, or at least a tablet.

There's a difference between having a mobile device with you in the city and using a device comfortable at home where most people prefer a bigger screen.

>I doubt the majority of people have only a phone.

Well only in the context of US, EU, Canada, AUS, and the like. Or if you consider China, India to be a poor 3rd world country.

There are more people using their Smartphone as their only computer devices in China / SEA than the whole of US and EU population combined. There are elderly who never had a computer in their life are now using Smartphone as their first "computer". You will be surprised how many people can't double click a mouse, and moving mouse cursor around is a daunting task. And how using iPhone is 10x more intuitive.

You would be surprised. Even if you control for income (rather than blanket exclude "3rd world countries") I bet the majority of the population, across all age groups, could not proficiently use a traditional computer, let alone own one. While more and more are getting used to smartphones every day.

That's why I mentioned tablets too. I'm sure most people have a tablet at home for more comfortable browsing, video watching, etc.

Makes sense, but the problem is AAPL gives us no choice. It’s only big, bigger, huge.