He [Steve Jobs] had come from the surplus electronics…
“He [Steve Jobs] had come from the surplus electronics parts world.So he came from that world, and he said let's sell PC boards for $40. We'll build them for $20 and sell them for $40.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Steve Jobs leveraged cheap surplus electronics to create profitable consumer products, illustrating frugal innovation.
In simple terms: He turned cheap parts into profitable PCs.
Find value in low‑cost resources.
Themes
Mood
Type
When to use this quote
- startup funding
- product design
- market entry
Key Concepts
Questions to Reflect On
- How can you source cheap components?
- What risks exist in low‑margin pricing?
Assumes market will accept low‑cost branding.