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Apple’s semiconductor engineers are the envy of the industry.

Clayton ("Innovator's Dilemma") Christensen famously predicted that the iPhone would fail. Where did his theory of disruptive innovation fall short? Horace Dediu, now a senior fellow at the Christensen's institute, is working on the answer, using Apple as the exception that proves a broader, more encompassing rule. 

In his first broadcast interview since he joined the other side -- as co-founder of a Minneapolis-based VC fund called Loup Ventures -- the media’s favorite Apple analyst reveals, among other things, where he got the cockamamie idea that Apple would sell a TV set by 2011, 2012,… 2016.