“Something very strange is going on in business journalism,” Philip Elmer-DeWitt reports for Fortune.

“The world’s most valuable company just gobbled up 94% of global smartphone profits, up from 85% a year ago,” P.E.D. reports. “Yet much of the media’s coverage of Apple—especially in the click-hungry corners of blogosphere—is pursuing a narrative that says Apple is doomed.”

“It’s a bizarre disconnect, and it has roused some of Apple’s fiercest defenders to declare open season on the doomsayers,” P.E.D. reports. “It’s not exactly a fair fight, but it’s fun to watch.”

A bunch of examples are covered in the full article here.

MacDailyNews Take: YKBAID! Uh, if Apple’s “doomed,” we’ll have more “doom,” please!

Apple could do nothing or even screw up pretty much every launch they conduct for about a decade and still rake mountains upon mountains of cash. We’re betting they do neither. We’re betting the best is yet to come. In fact, it’s our opinion that we haven’t seen anything, yet!

Yes, along the way, we do demand as much perfection as possible. We are Apple product users, after all.

My job is to say when something sucks rather than sugarcoat it. – Steve Jobs