I don't think about AR glasses as cannibalizing a phone. I think of them as enabling a new way to use computing, which you thought he was talking about Apple Watch it. It's like layering computing onto the real world, basically. You're wearing these glasses. You're in France. You look at the Eiffel Tower. You get all kinds of information. And I do think that's coming. Period. The trium was cool. So it's just... Someone said to me, it may have been Casey Newton, actually, who was there. How are they going to make money? That's the absolute question.

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