I'm not even a hardcore computer science geek but when Phil said it was 64 bit yesterday, I definitely understood the significance of it.
What he said was true, it took (and is still taking) absolutely YEARS for the PC industry to go 64 bit.
For Apple to do it on a phone? Incredible.
That was actually the only WOW moment of the entire event for me.
Why is it such a wow moment?
Industry adoption of 64-bit has been slow because it offers negligible benefits in most scenarios, and potentially even some downsides. Making everything 64-bit is just not necessary.