The over-all point is that new technology will not necessarily replace old technology, but it will date it. By definition. Eventually, it will replace it. But it's like people who had black-and-white TVs when color came out. They eventually decided whether or not the new technology was worth the investment.

It's hard to tell with these Internet startups if they're really interested in building companies or if they're just interested in the money. I can tell you, though: If they don't really want to build a company, they won't luck into it. That's because it's so hard that if you don't have a passion, you'll give up.

We did not enter the search business. Google entered the phone business. Make no mistake they want to kill the iPhone. We won't let them.

Oh wow. Oh wow. Oh wow.

The desktop computer industry is dead. Innovation has virtually ceased. Microsoft dominates with very little innovation. That's over. Apple lost. The desktop market has entered the dark ages, and it's going to be in the dark ages for the next 10 years, or certainly for the rest of this decade.

My favorite things in life don't cost any money. It's really clear that the most precious resource we all have is time.

It's technology married with liberal arts, married with the humanities, that yields us the results that make our heart sing.