Comment by m4x

I'm not sure what you think I'm saying, but in case it needs clarifying, it is not that Apple should have built fabs 3.5 years ago, or today, or at any other point in time.

What I did say is that in a hypothetical world where Apple did invest in their own fabs, they'd have much better access to memory and could be selling machines with vastly more memory than their competitors today. Should they be doing this? I'm making no statement either way.

> a very wise man took me to dinner and counseled me to never post mortem my decisions on the outcomes, but only on the decision process

I appreciate this wisdom on one hand, but on the other it's comically misguided. You have no way to evaluate the decision process if the outcomes are not considered. Don't post mortem your decisions in a way that leads to self-blame or paralysis, but certainly post mortem them to see whether the process was suboptimal.

In this case, any board laughing at the idea of investment in memory 3.5 years ago should instead have been looking more closely at likely memory needs over the then-near-future, given the quite obvious upcoming demand for GPU memory. There's no magic bullet and they wouldn't have been able to make perfect decisions regardless, but clearly the process they followed at that time was suboptimal.