For a company with great profitability and a near monopoly, it would certainly not be unheard of to pay two to three times the growth rate. So paying 25 times earnings for one of the strongest technology companies with an awesome franchise is fair.

Let's not ignore the fundamental course of business.

There is a definite horse race between the two of them. But this is a massive market. It is not an either/or situation. Both will be successful.

People will move into software next year. It's a question of when, not if.

And had it not been that We had already established you, you would certainly have been near to incline to them a little; / In that case We would certainly have made you to taste a double (punishment) in this life and a double (punishment) after death, then you would not have found any helper against Us.

Investors want to see profitability now. Not two years from now.