Secondary markets ride the coat tails of innovation. They are the late adopters, and that is understandable. Apple isn't interested in this market. They are only interested in the early adopters, the people who finance the vision and innovation. That's exactly where I want Apple to be, perpetually at the top of the pyramid.

-- Written by Ernie Varitimos, author of the Apple Investor blog.

At the time of publication the author had no position in any of the stocks mentioned.

At the time of publication the author had no position in any of the stocks mentioned.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.
Ernie Varitimos has a long history with Apple as an investor, trader and consumer of its technology. He started his career as a rocket scientist and has spent the past 25 years driving, controlling and influencing technology in the financial industry. Ernie is a former hedge fund manager and current futures trader.

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