Google’s not a real company. It’s a house of cards.

We can believe that we know where the world should go. But unless we’re in touch with our customers, our model of the world can diverge from reality. There’s no substitute for innovation, of course, but innovation is no substitute for being in touch, either.

My children – in many dimensions they’re as poorly behaved as many other children, but at least on this dimension I’ve got my kids brainwashed: You don’t use Google, and you don’t use an iPod.

Certainly, we continue to bring in new people. We’ll hire, net new, over 4,000 people this year, and attract great people into the company. I’m very bullish about the employee base and what it can accomplish.

I have lots of sources of information about what’s going on at the company. I think I have a pretty good pulse on where we are and what people are thinking.

Great companies have high cultures of accountability, it comes with this culture of criticism I was talking about before, and I think our culture is strong on that.

Our people, our shareholders, me, Bill Gates, we expect to change the world in every way, to succeed wildly at everything we touch, to have the broadest impact of any company in the world.

I think our leadership team is a highly accountable leadership team.

Our mail product, Hotmail, is the market leader globally.

We will make our products work out of the box.

Linux is a cancer that attaches itself in an intellectual property sense to everything it touches.

I’m very, very bullish about our prospects, and as I tell our board, as I tell our employees, this is the time to invest. There’s so much opportunity. Let’s just invest in that opportunity, and really get after it.

And then you take a look at Spaces, there is this great innovation that came out of nowhere. We have the number one blogging site in the world because of the innovation that’s there.

I come back to the same thing: We’ve got the greatest pipeline in the company’s history in the next 12 months, and we’ve had the most amazing financial results possible over the last five years, and we’re predicting being back at double-digit revenue growth in fiscal year ’06.

Look at the product pipeline, look at the fantastic financial results we’ve had for the last five years. You only get that kind of performance on the innovation side, on the financial side, if you’re really listening and reacting to the best ideas of the people we have.

We don’t have a monopoly. We have market share. There’s a difference.

I think it would be absolutely reckless and irresponsible for anyone to try and break up Microsoft.

We’ve grown from 18% of the profits of the top 25 companies in our industry to 23% of the profits of the top 25 companies in our industry over the last five years. Profits are up over 70%, where the industry profit is up about 35%. Pretty good.

Google’s not a real company. It’s a house of cards.

The number one benefit of information technology is that it empowers people to do what they want to do. It lets people be creative. It lets people be productive. It lets people learn things they didn’t think they could learn before, and so in a sense it is all about potential.

What we’ve gone through in the last several years has caused some people to question ‘Can we trust Microsoft?’

I don’t know what a monopoly is until somebody tells me.

All companies of any size have to continue to push to make sure you get the right leaders, the right team, the right people to be fast acting, and fast moving in the marketplace. We’ve got great leaders, and we continue to attract and promote great new leaders.

So, I think the output of our innovation is great. We have a culture of self-improvement. I know we can continue to improve. There is no issue. But at the same time, our absolute level of output is fantastic.

Our company has to be a company that enables its people.

Accessible design is good design.

I’m not sure blogs are necessarily the best place to get a pulse on anything. People want to blog for a variety of reasons, and that may or may not be representative.

I have never, honestly, thrown a chair in my life.

Great companies in the way they work, start with great leaders.