Man, I really want to be a highly paid analyst. Judging by this International Business Times report, the drugs must be amazing. Jeffries analyst Peter Misek:

Users want to be able to pick up any iPhone, iPad or Mac (or turn on their iTV) and have content move seamlessly between them and be optimized for the user and device currently being used. We believe this will be difficult to implement if iOS and OS X are kept separate

Gosh, yes. How—apart from iTunes, say—would Apple be able to utilise iCloud to shift content seamlessly between OS X Macs and iOS devices? If we, say, totally ignore iTunes, and also totally ignore any other software that Apple could easily weld to OS X if it felt like it, this looks to be totally impossible, without Apple hobbling its desktop machines by forcing them to run iOS as of next year.

I would write a full takedown on this piece, but my head hurts too much from REPEATEDLY SMASHING IT AGAINST MY DESK.