Peter Thiel on the iPhone

Erick Schonfeld, leading from a paywalled New Yorker item, quotes top investor Peter Thiel on the iPhone: "I don't consider this to be a technological breakthrough." It's unfair to decontextualize the statement—he's talking about the big picture of technology, society and the future—but I love the idea that it took Peter Thiel until 2011 to realize something Mike Lazaridis and Steve Ballmer knew in 2007.