Steve Jobs speaks out

In an exclusive interview, Apple's CEO talked with Fortune senior editor Betsy Morris in February in Kona, Hawaii, where he was vacationing with his family, about the keys to the company's success, the prospect of Apple without Jobs, and more. Here are excerpts.

On launching the Apple store
On launching the Apple store
"It was very simple. The Mac faithful will drive to a destination, right? They'll drive somewhere special just to do that. But people who own Windows - we want to convert them to Mac. They will not drive somewhere special. They don't think they want a Mac. They will not take the risk of a 20-minute drive in case they don't like it.

"But if we put our store in a mall or on a street that they're walking by, and we reduce that risk from a 20-minute drive to 20 footsteps, then they're more likely to go in because there's really no risk. So we decided to put our stores in high-traffic locations. And it works."

Last updated March 07 2008: 7:10 PM ET

iPhone's birth

Connecting

No consultants

What drives employees

Apple without Jobs?

Focus

Managing style

The OS

Monday meetings

Roadblocks

iPods

Apple store

Tech's next wave

Apple TV

Downturn
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