Nice piece on ArsTechnica about how all Apple employees who’ve been with the company for more than a year are getting a free iPhone in July.

Well, there’s more to it than that, but that’s the part technophiles will drool over first. In the company-wide meeting, Apple honcho Steve Jobs called iPhone the third leg on the Apple chair (Mac and iPod being the first two). A staffer asked if the iPhone would cannibalize iPod sales. According to Ars Technica’s notes, Jobs responded that if Apple were to be cannibalized, he’d prefer Apple to do it.

Er…Steve-o…first of all, the only way Apple can be cannibalized is by itself. Second, what does this do to your three-legged chair metaphor if the second leg is all chewed up. Third, what’s the deal with the three-legged chair?