The transformation of Apple is probably the biggest tech story of the last 15 years.

Innovation accelerates and compounds. Each point in front of you is bigger than anything that ever happened.

When you're dealing with machines or anything that you build, it either works or it doesn't, no matter how good of a salesman you are.

Innovation accelerates and compounds.

If you're the village blacksmith and a model T comes along, you better become a mechanic. People's lives are better when they get news online versus having to wait for the morning paper. It's a lot more efficient, a lot more real time, a lot less waste.

Nokia and Research in Motion needed a modern operating system. They could have bought Palm or Android before Google did, but they didn't. Today, it's probably too late, and at the time they would have been criticized for overpaying, but as they say - shift happens.

Skype has a great engineering team, which I like to describe as 'all of Estonia.'