It's Time To Admit That Apple Is Blowing It

I don't know if I would say Apple is blowing it (they have a mountain of cash and legions of faithful customers), but the company sure is getting its butt kicked by Samsung.  

Apple fans have developed excuses for Apple's lagging sales. The most popular is that Apple is a "premium" gadget maker, not a hoi polloi gadget maker, and it only wants to sell its phones (and tablets) to people who can afford to pony up for them. Apple, in other words, is like BMW, not Ford.