"We kind of take for granted that we have this kind of technology, but at the time they were operating with the slide rule, " he said.

WSJ: Cold War U-2 Pilot Francis Gary Powers to Receive Silver Star

In North America, Halliburton saw sequential revenues slide 1% while operating income surged 30%.

FORBES: Halliburton Thrives Overseas To Offset U.S. Weakness And Beat Estimates

These days, Apple only lets about 18 to 24 months slide past between versions of its operating system, says Cherry.

FORBES: Why Apple Could Unleash A New OS X