iPad

“Apple now makes the, what's called the SAC, so the system on a chip, basically the CPU inside an iPhone and an iPad. While they design it themselves, it's manufactured for them by TSMC. That's probably 25% better than any other chip on the market.”

“The SAC and the new iPad has I think 11.8 billion transistors. Which, what does that mean? Well, you're going to do the math. The original Mac in 1984 had 68 K, 68,000 transistors, and they sold 370,000 in the first year. So you can work that out, and it turns…”

“So there is the iPhone and then they have the iPad, which leverages it, and they've sold half a billion of those.”

“I remember when, at Condé Nast, we were, we went heavy on iPad editions of the magazines spent a lot of money A lot of money on trying to do this and then even try to do Kindle versions of the magazines as well, thinking this is where publishing was going, and…”

“Instagram has unbundled glossy magazines. More than anything else, it's Instagram that undermined the business model of glossy magazines, and it launched at the same time as the iPad, and they pulled all the money into iPad editions, and that was not, that was…”

“That didn't get eaten by Google, or Amazon, or Apple. It's a generic iPad in a case, and then there's However many software companies, a bunch of software companies that go and solve, this is what restaurants need.”

“They've kind of done what they did with the watch. And what they did with the iPad, which is make a list of 20 possible things that might work, try all of them, and then later on we'll double down on what works.”