Henry Ford Quotes

People buy products if they're better.

Apple makes really good products, and Samsung makes really good products. It's really a two-horse race. Where I think Apple is exposed: the price points of Apple's products are just so high by comparison with Samsung's.

Good products win out.

A company's best advantage should be a quality product offered at the right price. That fair competition is what drives innovation.

The PC is successful because we're all benefiting from the competition with each other. If Twitter comes along, our games benefit. If Nvidia makes better graphics technology, all the games are going to shine. If we come out with a better game, people are going to buy more PCs.

Fans will come if you have a good product.

When you improve your product so it does the customer's job better, then you gain market share.

When you start losing market share, it's really tough to gain it back; you need the product portfolio and presence in many markets.

I think there is a niche for every market.

Competition is good because we need to educate customers, and Ozon.ru itself will not be able to do it.

The marketers can compete with free; it just has to be better. Look at bottled water if you don't believe me.

If you're entering anything where there's an existing marketplace, against large, entrenched competitors, then your product or service needs to be much better than theirs. It can't be a little bit better, because then you put yourself in the shoes of the consumer... you're always going to buy the trusted brand unless there's a big difference.

When a market isn't in transition, gaining market share is hard - you're fighting to take one or two points of share from competitors.

There's competition everywhere.

The reality of life is, if you have a bagel shop and everybody is pouring into the doughnut shop across the street, if you want to stay in business, you start selling doughnuts.

We are producing something people can live without. But we need to keep thinking what would make our products a priority purchase even if they are not a necessity. If we stop doing that, no matter how successful Nintendo is at the moment, things will start going wrong in no time.

No amount of tools can help a bad product. You have to remain genuine in your product development innovation and quality.

The only way to generate sustained exponential growth is to make whatever you're making sufficiently good.

I do think there is a lot of potential if you have a compelling product and people are willing to pay a premium for that. I think that is what Apple has shown. You can buy a much cheaper cell phone or laptop, but Apple's product is so much better than the alternative, and people are willing to pay that premium.

We got to know the competition very well. In the '50s popcorn made a big growth in sales. Our main push was to produce the best quality and sell in quality retail outlets.

In some industry markets, high quality can be tied to making more money, but I am sure by now all of us know the computer industry is not like that.

With consumers having ever more choice, corporations must invest more and more in courting public opinion.

If you choose a market that already exists, say, networking equipment, you have to compete with an established company like Cisco. Even if your product is marginally better, Cisco can fudge it and outsell you.

When we look at investing, we always think about 'how defensible is this, how likely is it that somebody is going to copy this.' E-commerce tends to be something easy to copy because it's execution.

The sports apparel industry was dominated by the big shoe companies. But there was a void in apparel and I decided to fill it.