> If Apple were liable for their defective products then they might decide not to ship them at all until they can be sure enough that the risk of the lawsuits putting them out of business is small enough that they can absorb it.

> This worked wonders for other industries (notably: automotive, airlines, medicine). It may slow them down a bit, you may have a wait a bit longer for the next iteration of some gadget. But that's a small price to pay in my opinion.

That's quite a big price for non life-critical equipment that is a billion times more complex than a pacemaker or the safety-critical parts of an airplane or car.