2min chapter

Channels with Peter Kafka cover image

The inside story of HBO, with Jim Miller

Channels with Peter Kafka

CHAPTER

The Phone Business Is Not Going to Grow at a Clip

At 18, Apple is a slow to no gro company. They have 16 billion dollars that they have to devote to their dividend. The phone business is not going to grow at a clip. At that point, we need a new thing to put this money to work. And so as a result, when jeff talks to randall, and then later to john, you have a much more receptive audience.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode