Yes it is. The user is touching the screen with the stylus.
This definition specifically includes pen and pencil: (http://oxforddictionaries.com/definition/english/touch)
The wikipedia article has a variety of touch screens which respond to objects, or fingers, or both: (http://en.wikipedia.org/wiki/Touchscreen#History)
Apple refined existing concepts.
Yes it is. The user is touching the screen with the stylus.
This definition specifically includes pen and pencil: (http://oxforddictionaries.com/definition/english/touch)
The wikipedia article has a variety of touch screens which respond to objects, or fingers, or both: (http://en.wikipedia.org/wiki/Touchscreen#History)
Apple refined existing concepts.