Far, far below me, the country's highest mountain, Mount Cook, reared up, looking distant yet strangely clear, as if in a Google Earth image.

WSJ: Sky-Diving in New Zealand

Unfortunately that means Cook has let the innovation well run dry and problems for the share price will mount in Q3 and possibly Q4 as we see some same old, same old, around the iPhone and iPad.

FORBES: Apple Earnings: Tim Cook Invites Trouble Again For Q3