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But I stand firm that, while they have a keen niche eye, their fancy new products (iPad, for example) have no real substance other than the novelty of the item.

I should also tell you that I grew up with Apple computers. I was in the generation where Apple subsidized primary schools for Apple computers (at that point, the coloured 'bubble' iMacs), so I know them fairly well. I still believe that they have limited use.
My problem isn't their computing equipment, it's the niche gadgets and trying to re-invent the wheel.