Objection. Increased competition assumes facts not in evidence. Also, in the case of Microsoft, products not in evidence.

What if Steve Jobs already introduced the overwhelming balance of Apples breakthrough products?

The thinking here is apparently that while Steve Jobs was brilliant, he was not brilliant enough to leave some notes about what to do next or hire executives who were smart enough to continue along without him. Why someone would think that is beyond this pointy commentator, but there it is.

This week, the Associated Press published a story with a truly eye-opening headline: IPhone appeal dims as Samsung shines. IPhone appeal dims? Thats not exactly the impression given by the companys report nor its executives.

Or reality! If iPhone sales growth is slowing, its probably because Apple has all but completed carrier penetration in the U.S. and has yet to fully emerge in China and India. If the company can make a prepaid iPhone 3GS available for those markets, we might see growth jump back up to phenomenal instead of simply amazing.