Apple blows away earnings numbers ... but let's all take a chill pill

As expected, Apple destroyed it's Q3 2011 earnings forecasts. It seems like nothing can bring down this juggernaut. But 15 years ago a little company called Microsoft was doing the exact same thing. Year after year, nothing could stop Microsoft's dominance of the computer industry. Bill Gates and Steve Ballmer would high-five at analyst meetings where they reported billions upon billions in profits every quarter. Today, Microsoft is still reporting billions of dollars each quarter in profits but they're no longer the king of jungle. But remember, everything is a cycle. It is with absolute certainty that I say Apple will one day falter and another company will step up to claim the crown. Whether it's Microsoft, Google, Facebook or some new entry, somebody will take them down. Such is life in tech.