FORTUNE — Ben Bajarin’s “reality distortion” theory about why Wall Street doesn’t get Apple (AAPL) — first published in Time Magazine’s Techland last week — has been widely picked up by numerous Apple watchers (including this one). But nobody has had more fun with it than Daniel Eran Dilger, a regular (and relatively straightforward) contributor to AppleInsider who likes to let it fly on Roughly Drafted Magazine, his personal blog.
Bajarin’s theory was that the magic by which Steve Jobs could spin almost anything his way has been reversed; now the perception on the Street and in the media is that Apple — whose main problem, according to Bajarin, is that it can’t make smartphones and tablets fast enough to meet demand — is doomed.
Dilger has refined Bajarin’s theory and identified what he believes to be the source of the new distortive power. He calls it “flexibly adaptive logic.”
“Flawgic,” he writes, “is neither hardware nor software; it’s installed directly into public mindshare via a virus spread by talking heads.”
Flawgic is that powerful, he says.
Dilger really hits his stride when he talks about how the Flawgic gene was passed to Samsung, allowing it to argue with a straight face in federal court that it — not Apple — was the patent infringement victim.
There’s more of the same at Google’s Android powered by remarkable new “flexibly adaptive logic”