Im sorry to say, although I admire the song writer for his irrational exuberance, this is not the case.
The day he is referencing was one of the angriest days of Jobs late tenure at Apple.
Jobs was furious, indignant, and as angry as he could be that a flaw was found in his precious iPhone.
Jobs was baring his teeth during the entire event while countering with "we LOVE our customers". It was a really sad and poorly thought out affair.
Job was not dancing to this guys song. He was trying to pretend to contain his absolute rage. I was there. Watch the video. Jobs was incensed not happy and that video was a prop.
And I lived just a few miles from cupertino at the time, and believe me every call I made was dropped due to that spot on the antenna.