What evidence do you have that they've stopped competing? Anyway, maybe you should have waited until the new iPhone and iPad come out before selling your stock.
Disney rocks not because of Mickey Mouse - it rocks because of Pixar.
Google rocks not because of PageRank - but because of pushing the edge of search and AI.
Tesla rocks not because of the Roadster - but because of the cars yet to come.
What you've done in the past means nothing in intellectual pursuits - it's what you are going to do that matters.
The only places Apple can enter now are to continue trying to grow PC market share and Virtual Reality. Google does both better.
I didn't actively buy Nokia or Motorola for this very reason.
Google acquired Motorola to defend against Apple and Microsoft. They are doing so admirably.
No argument there. The argument is that you see initiating a lawsuit as a sign that a company is not innovating.
A lawsuit and a company's ability to innovate are independent variables.
You seem to be of the opinion that you can't sue and also innovate. This is obviously false. The engineers arnt being pulled from projects to work on the lawsuit.
You honestly think that is why they lost?
They lost because the stopped trying to compete - and just ran off to "Mommy" government screaming "Microsoft took my toy!" instead of fighting back.
And I didn't sell on outcome - this was a relatively short case - I was just waiting for the market to increase my exit price - 660 - from 600 (http://www.google.com/finance?client=ob&q=NASDAQ:AAPL).