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If you keep your eye on the profit, you're going to skimp on the product. But if you focus on making really great products, then the profits will follow.

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We hire people who want to make the best things in the world.

Every good product I've ever seen is because a group of people cared deeply about making something wonderful that they and their friends wanted. They wanted to use it themselves.

I am saddened, not by Microsoft's success - I have no problem with their success. They've earned their success, for the most part. I have a problem with the fact that they just make really third-rate products.

My passion has been to build an enduring company where people were motivated to make great products. Everything else was secondary. Sure, it was great to make a profit, because that was what allowed you to make great products. But the products, not the profits were the motivation.

We go from Product 1.0 to Product 2.0 a lot faster. This is a powerful unlock. We've always said that our people make the difference. We're certainly seeing that today.

The point is that when we focus on all three things at once-technology, policies, and markets-we can encourage innovation, spark new companies, and get new products into the market fast.