I think Steve can still go to bed at night comfortably:

Apple handset profits humiliate the rest of the industry

They make more _profit_ than HTC, Motorola, RIM, Nokia and Sony Ericsson. *Combined*

Damn, didn't know that.

Next take a look at the iPad profits as a percentage of everything Apple does.
http://www.businessinsider.com/chart-of-the-day-ipad-ipod-mac-2010-7

If the rest of the PC industry didn't think they were in trouble before (especially with regards to new products/segments), they'd better think again. I'm pretty sure the iPad is going to steam-roll everything else in unit sales, let alone profits. Why wasn't I this bullish on this fruit company back in 1996/97... Argh.
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Bruno
Twisted Melon : Fine Mac OS Software