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My dad said, "What the heck is software?" and my mom said, "Why would a person ever need a computer?" They said, "OK, OK, we hear you, but if it doesn't work out, you'll go back to business school right?" And I said "Right," and I never came back.

Is there fake news on Facebook? Of course there is. I could go right now on Facebook and say there’s an earthquake, Richter scale 7, in Washington, D.C. And should I be allowed to do that or should that be something that somehow Facebook has a way to control? I don’t know. I get how Facebook could control advertising. I don’t get how they’re a value proposition, which people – the world does like. I don’t understand how it works at all if you have no freedom of speech, even if you are saying things that are patently false.

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We like our model, as we are evolving it. In every category Apple competes, it's the low-volume player, except in tablets. In the PC market, obviously the advantage of diversity has mattered since 90-something percent of PCs that get sold are Windows PCs. We'll see what winds up mattering in tablets.

You can have an Apple in the phone business, or a RIM, and they can do very well, but when 1.3 billion phones a year are all smart, the software that's gonna be most popular in those phones is gonna be software that's sold by somebody who doesn't make their own phones.

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