They are getting huge margins on their devices from AT&T and Verizon, but most of that is based on contracts that were signed before android became more popular. The fact remains that over the past 2 years, android growth has outpaced iphones growth. I was happy to own shares of Apple until they passed $600/share.
Right now I would rather own stock in Samsung than Apple, but they are a private company. I would probably also rather own shares of Google than Apple now as well.
Apples IP lawsuits are a strong indicator that they are worried about their future revenue streams as android becomes more popular.