Is Apple the Next Microsoft or Cisco?

Think about it for a minute. Both Microsoft and Cisco became unrelenting powerhouses in their hay-days. They both continued to march higher based on their competitive edges and grew their market caps to extreme levels. MSFT and CSCO both had a "corner" on the market for their products, much like AAPL does today. At the peak of their moves up, these two stocks have essentially done nothing over the past 12 years. However, in the short-term - AAPL may be a stable stock to be invested in this chaotic market due to their relatively low valuations. Even so, I believe that this recent earnings miss and guidance disappointment will mark a long-term turning point for the stock, much like what MSFT and CSCO experienced in the early 2000's.