Case in point, CNN. This weekend, it published a reasonable enough overview of the situation called Apple has a problem it doesn't want to talk about. It mentions that Apple can't keep raising iPhone prices forever and concludes with, "at some point, Apple will need to figure out what will replace the iPhone, or its growth engine could stall out." Fair enough.
But an accompanying post called The story of Apple and the iPhone in 3 charts had me shaking my head. The three charts are: