Reminder: This man manages a hedge fund.

So, Kasss conclusion is that its arrogance that drives Apples decision to add features on its own terms, when they make sense, instead of jamming them into phones just to check them off on a list. Dont wait for battery life to catch up to screen sizes, just stop shipping Retina displays or make a giant honking phone!

Ohhh, you mean theres a trade-off and this isnt a free, all-you-can-eat candy store?

Also, if you believe the current Apple form factor is the best answer and Apple wont or cant do a larger-screen device (and will stick to one phone at a time for cost reasons), what is the next iPhone going to have that will really matter and get customers excited to buy it and help the company gain additional share?

Is gaining share Apples goal? Seems like its goal is to make a crapload of money.