This post (light profanity) from Gizmodo presents a humorous look at how very powerful people in technology made some very wrong iPhone predictions.
Perhaps my favorite is the quote from Ed Colligan, Ex-Palm CEO:
We've learned and struggled for a few years here figuring out how to make a decent phone. PC guys are not going to just figure this out. They're not going to just walk in.
Apparently, Ed, they walked right in, stole your lunch, your dinner, your wife, your car, your horse, and all your pudding. And then they ate it. And pooped it out.