Has he peaked?

New York magazine offers a profile. Note that the VC quoted in the article believes that subscription is the future of music. Also:

"We passed the high-water mark for iPod profitability about six months ago. I don’t see it going anywhere but down. All of which is why the iPhone is so important for Apple.”

A competitor quips that the iPhone suffers from "the houseboat problem."

For a good recent story about a houseboat, check out Aboard the Sarabande; If Wanderlust Strikes, Their House Goes, Too, from the June 3 edition of the New York Times.