I think there's a lot wrong in this, especially the part about a cheap iPad cannibalizing the iPhone (???), but overall it's clear that the Kindle Fire and the Nook are going to be the most successful non-iPad tablets.
Why Apple Needs a Real Social Network | Cult of Mac
I don't buy it. That kind of service isn't Apple's game, and on top of that there's no particular reason to believe they'd disrupt Facebook or be less evil (where the users are the product).
I believe in an objective reality, and it frustrates me to know end when tribalism and opinions about how to approach problems turn into denying the existence of the issue in the first place.