He contrasted the situation in the phone industry today with that of the PC industry in the 1990s.
But while the company has been doing well selling PC games and digital downloads, many in the industry think the PC market has matured.
"The results show that the PC industry is still around and maybe it was slightly exaggerated that the death of the PC was here, " he said.
Intel management indicated during the recent earnings call that the PC industry is now shipping over 1 million PCs a day, which suggests additional upside to our global PC market forecast.
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The ability to integrate computing and communications functions will be vital as the PC industry stagnates and the market for smartphones and tablets is turning into a battle royale that has sucked in everyone from PC software titan Microsoft and online bookseller Amazon to search advertising titan Google, Korean tech conglomerate Samsung, and, of course, Apple.
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Ask yourself before you answer: Did the technology capital bust of 1985 kill the young PC industry?
Apple, like many companies in the PC industry, was seeking to create a product that filled this gap.
So why not offer them up as the catalyst for public discussion about the PC industry?
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Their mission: Scoop up the 50% of homes the PC industry has failed to entice.
Dell lags Apple, HP and Gateway on the American Customer Satisfaction Index 2007 PC industry rankings.
'The PC industry is performing well and 2012 is shaping up to be a record year.
In the late 1990s, Dell tore through the PC industry with its hyper-efficient, built-to-order manufacturing model.
If I had the opportunity, even I could dominate the PC industry at the moment.
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Mr. Dell has said that some of the PC industry's changes caught him unaware.
History and the harsh realities of the PC industry will prevent radical designs from reaching the marketplace.
But neither iMac sales nor Jobs's proclamation will force an overnight change in the PC industry's beige-is-beautiful mentality.
Tim Bajarin, President of Creative Strategies, is a long-time and highly respect analyst in the PC industry.
For one thing, this is a major trend in the rest of the industry, from PC down to mobile.
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"The market eventually swings back to favor (Compaq's) strengths, " says Mark Specker, PC industry analyst with SoundView Technology Group.
Given the herd mentality of the PC industry, more customers could follow.
The PC industry has always evolved this way, starting when Toshiba and Compaq rode high on the original notebook wave.
"If that's a good indicator, then we will see a recovery in the PC industry within six months, " he says.
But Jobs' genius, in his Apple restoration, was to realize that his gift perfectly matched the endgame of the PC industry.
Hewlett-Packard, which stole the top spot in the PC industry last year, is putting new resources behind its budget Compaq brand.
In addition, it conforms to Intel Thin Mini-ITX standards, meaning even the motherboard is upgradeable, a first in the PC industry.
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These companies help shape and steer the PC industry for several decades.
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But by 1985 the PC industry was as flat as today's Internet.
In other words, Jobs can afford to tear out one chunk of the PC industry after another, just to see what happens.
Could flooding in Thailand cause fresh trouble for the PC industry?
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