He left Steve holding a big bag of shit.
Bill Gates once had a similar notion (though based mostly around the massive spam problem in the early 2000s). Sadly, it didn’t end up going anywhere.
I think the multiples of technology stocks should be quite a bit lower than the multiples of stocks like Coke and Gillette, because we are subject to complete changes in the rules. I know very well that in the next ten years, if Microsoft is still a leader, we will have had to weather at least three crises.
The world is not flat and PCs are not, in the hierarchy of human needs, in the first five rungs.