Ok that's enough shenanigans there... What he attempted to say (in a very poor manner) is what a lot of us have been thinking all along: If the iPad is to replace the laptop for the masses, it needs to have the same functionality as one. Not "slap MacOS onto an iPad" all Surface style, rather a far more robust version of iOS is needed. Touch interface combined with the feature set you'd find in MacOS. Simple.
As for the product lineup, this "low-priced" model stuff needs to stop. There's nothing low priced about it, it's just a clever way for Apple to raise product prices on its newest models while claiming the cost to enter the product line is the same. We've seen it now on the iPad, iPhone and MacBook Pro product lines. Stop it Apple, you're not fooling anyone here.