With hindsight, given the phenomenal, game changing, success of the iPhone, this is probably the biggest mistake in corporate history, but it's definitely funny.
Apparently he's stopped laughing now.
With the imminent arrival of the much derided Windows 8, you have to question whether Microsoft is in terminal decline. I doubt they will disappear, but as they distance themselves from the work horse PC, and repeatedly fail to hit the mark in the consumer market you have to question their future.