Steve Ballmer said, "The internet was designed for the PC. The Internet was not designed for the
iPhone." Let me tell you something, the internet wasn't
"designed" for anything. It wasn't designed to handle voice, but it
does, it wasn't designed to handle video but it does. The fact is, the
Internet was designed to support the "unkown". Oh by the way, when the
Internet came about, Windows did not support a TCP/IP stack.
Just read the news that Bloomberg is buying Business Week see here.
According to the news, Bloomberg is paying $5M in cash plus the severances for 400 people. Lavishly assuming 3 months severance, at $10K/mo, that's another $12M of costs. That's $17M of total costs to Bloomberg.
What do they get in return? The same article suggests that Business Week had a circulation 921,000 readers. So here is the sad fact. Each reader of Business Week is worth less than $20.