Read it. It's an awesome piece.
Long form narrative requires long form attention and a decent chunk of time. This piece is competing against 29 others on the front page of HN (and another 10-15 which hit the front page and subsequently fell off since I last logged on), and I prefer a concise summary to see if there's information I want or need from this article.
As someone who finds all the airport-mall-style silk, perfume and diamond brands completely baffling, Apple's move in that direction - from design to designer - is a little concerning.