I like to joke too, but not really, if you're serious - Jobs always hated things until he could claim that Apple reinvented them. Even Gruber was making fun of it yesterday. http://daringfireball.net/linked/2015/09/08/gizmodo-netflix

In any case what Jobs meant was that the companies that were putting out devices that required a stylus to operate correctly were doing it wrong, and that's been proven pretty extensively by the kind of touch interaction that the iPhone popularized.

Specifically: the new iPad Pro works just fine with touch, but you also have an option of an Apple-sourced stylus for more intricate work.

> In any case what Jobs meant was that the companies that were putting out devices that required a stylus to operate correctly were doing it wrong,

Perhaps in the original iPhone announcement, but Jobs kept repeating anti-stylus lines long after that, when the only current major products with stylus that they could have been referencing were multitouch devices with styluses included but not required.

Just like anything other than the original iPhone (or iPad!) size, everyone in the market doing it was wrong -- until Apple decided they needed to do it, too.

you can get a low to medium end tablet for the price of apple's stylus. What magic powers are in this pen of his?

$99 is right on par with similar styluses.

Its competitor costs between 35$ and 50$. That isn't on par.

http://www.amazon.com/Microsoft-Surface-Pen-Pro/dp/B00KHQWAI...