Daniel Jalkut:

On that point, one reason I wouldn’t expect Apple to acquire a company like Nest is that the products are far too specific, far too niche. Apple doesn’t make very many specific things anymore. They make general tools and leave it to customers how they should best be used. In fact, over the past 10 to 15 years, Apple’s products are increasingly generalized, and more suitable to a wide range of uses (and customers) as the products become more refined.