Peter Thiel is simply fabricating a narrative around his own narrow-minded perspective of Apple, much like Michael Dell, Steve Ballmer, and other self professed experts and attention seekers have done in the past. It's a lazy, simpleminded, and shortsighted way of looking at complex topics, i.e., the antithesis of system thinking, and one that is a characteristic trait in the minds of the people that are forming the nucleus of the new regime. Put simply, rather than looking at problems holistically you just blow some incoherent tones out your ass and hope that like minded non thinkers with a media outlet will embrace it as newsworthy. Get used to living with this pattern.
"everything that can be invented has been invented."Charles H. Duell- Commissioner of US patent office- 1899.
The real question is... what is theil investing in that he thinks will replace the iPhone