Apple Execs: Functionality, Price, Geography, Multiple SKUs All on the Table

Reporting on an analyst briefing that took place at Apple's Cupertino headquarters with Apple Executives, Apple Insider quotes this little nugget:
"iPhone is still in its early days and could gain share by: providing more functionality; lowering prices; growing geographically; or segmenting the market with different models."
Of course, there's nothing to say Apple will actually add features like a digital compass, lower the price to $99 on 8GB iPhone 3Gs, expand into China, or put out an iPhone nano or iTablet.
Scratch that there's obviously a lot of reasons do at least some of those things, and likely over time, Apple will address every profitable avenue for doing all of them, and more...
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All I have to say I want sku 3.1 nothing else!