The first competitor? The iPad 2.

Kind of a weak start there, Don. It's like he just discovered the idea of opportunity cost and he's going to apply it to .

Considering the economy isn't turning around and many people are on a budget, some folks might opt for the iPad 2, which they might perceive to offer more value for their money, rather than go with the iPhone 5.

The Macalope thinks Reisinger's been banging out these lists for so long that he doesn't even see what he's writing anymore. If you're assuming these people don't need a phone, the more obvious alternative would be the iPod touch. But then, if you're assuming a fair portion of the market for the iPhone 5 consists of people who aren't even interested in a phone per se, then you've pretty much given yourself artistic license to say whatever you want. From here on out it's just performance art.