“ We told HP we needed better displays [for the Pre 3]. They’d come back and say, ‘Apple bought them all. Our suppliers tell us we need to build them a factory if we want the displays’ and they weren’t willing to put the billion dollars upfront to do that. The same thing happened with cameras. We’d pick a part, turns out Apple picked the same part. We were screwed left and right.”
An anonymous ex-Palm/HP employee on one of the largest problems during TouchPad development, via The Verge’s amazing Palm post-mortem.
This is what Apple does with its giant pile of cash.