I think your argument has missed how this particular market has worked in the last nine years. People flock to the "new hotness" every year not because they dem

I think your argument has missed how this particular market has worked in the last nine years. People flock to the "new hotness" every year not because they demanded its features, but simply because it's the new hotness. Only afterward do they realize that this new big phone isn't what they wanted. But the companies pushing ever larger phones don't produce a new hot small model. Then they eliminate the old models slowly. It's only when the new hot phone comes in a variety of sizes that we will know what the demand truly is. Back when cars were supplanting the horse-drawn carriage, people had choice for years. Even today, if you prefer, you can get a horse and the carriage to drive around in. But you can't find specialty shops building that small phone you want.