I remember Bill Gates saying that no one would ever need more than 640 Kb of RAM. (640 Kb = 0.00064 Gb) He also refused to have Microsoft get involved in Internet applications thinking the Internet was just a fad that would soon disappear. It was a few years later before Microsoft realized that the Internet was here to stay.

Jobs has always been so tight that he squeaks when he walks. He is the quintessential cheapskate. You can interpret Jobs comments about reading to basically mean that he realizes Apple cannot control the publishing world, even the eBook segment, therefore he does not want to compete in an arena wherein he cannot dominate and control the profits. Any dufus can see that reading is still very much alive. You cannot go onto the Internet without reading blogs, editorials, news, et cetera. Granted most of that is horribly written, extremely non-grammatical, and opinionated garbage. If he simply allows third-parties to develop eBook readers for the iPod touch I will be happy. (I own one and it can become a terrific platform for eBooks if they allow it to be.)