Premise: Traditional economics is pricing things low when entering a market, and pricing things high in a captured market (a monopoly).

Argument: Apple does the opposite of this. e.g. Apple entered a new market with the iPhone, but priced high. Apple had a tablet monopoly with the iPad, but priced low.

Conclusion: Worship Steve Jobs as he upsets traditional economics.

Fallacy #1: The iPhone was not an entrance to a new market; PDAs, mp3 players, handheld internet, and cell phones had already began to converge into a single market, and Apple had already forayed in those markets. The iPhone was simply a premium and unique device in that market, and thus able to fetch a high price.

Fallacy #2: The iPad was not a monopoly. It was an entrance to a new market - particularly one that did not exist yet...tablets.