Where is the growth coming from in 2014 and beyond. Yes they will sell more smart phones but margins are starting to get squeezed. Lots of cash being generated to pay down debt or make acquisitions but the 5 year strategic plan to keep the growth rate accelerating is not looking very good. Lots of people in basking ridge not looking happy these days despite the recent success.
As long as the Fed maintains this low interest rate policy, any company with consistantly good earnings and high dividends/interest will do just fine. This includes most of the utilities.
When the Fed allows the rates to go back up, money will move from the "safe returns to companies with pricing power that can keep pace with inflation that is sure to follow.