Yes, 2014 will bring a bigger iPhone and iPad. However, remember that "product" at Apple means software, too. Tim, Jony and crew remain focused on expanding their ecosystem, starting with two of the most used and most frustrating screens in the world.
iOS in the Car will roll out to the majority of new vehicles in 2014. From Honda to Chevrolet to Mercedes to Ferarri, dozens of car manufacturers have already made deals to bring iOS to the screens in their cars.
More important to Apple's customers is a new television experience. The analog-inspired Comcast UI says it all: Change is coming to TV. It has to. Pretty please.
As cable companies consolidate and become broadband businesses, content rights will loosen up and allow Apple to roll out the video interface of the future. At the same time, television viewership is dying due to the rise of Internet video, especially on tablet and mobile.
With iOS accounting for more than 60 percent of mobile and tablet web usage—well above Android's 25 percent—Apple is well positioned to rule the future of content and data consumption. They don't even need to release a TV set. And that is the key to understanding 2014 Apple: Its cohesive cross-device operating ecosystem is what's driving sales and product development.
(Read more: Game-changers in sports)
Today the backlash to the backlash has only just begun. Units will continue to sell, new technology will be delivered, and the stock will approach its all-time high (perhaps with the help of an Icahnian buyback).
Media narratives will center on the renaissance at Apple, even though innovation is taking place in Cupertino every day.
Tim Cook will remain cool as a cucumber.
This isn't a comeback. It's business as usual.