Jobs bought the AI company Siri, Inc., 2 months after their product launch and 6 hours before the release of Siri onto all the other major mobile platforms. He had trying to buy it from when the first product was in beta. It was a feverish acquisition process. He paid much more that was ever revealed -- via non-cash, long-term commitments to the inventors and to SRI (Stanford Research Institute).
The launch of Apple Siri -- the the modified iPhone 4 (4S) was likely pushed so it would happen before Job's death. Most did not understand that the talk iPhone event was a software launch, not a hardware announcement. But it could be Steve Job's real legacy.
http://www.forbes.com/sites/stephenwunker/2011/10/04/why-apples-amazing-siri-may-herald-the-end-of-the-iphone/Why Apple's Amazing Siri May Herald the End of the iPhone
Apple may not have announced an iPhone 5 today, but it seems hardly to matter. The company’s new Siri “intelligent assistant” melds computing into everyday life in a remarkably novel — and useful — way. A dozen years ago, we in the PDA business (in a former life, I led the smartphone program at Britain’s Psion PLC) heard consumers ask for voice activated organizers, but we never imagined something so far-reaching, intuitive, and…fun. This looks like another mega-hit for Apple.
Yet while we pop the champagne and queue to use the service, pause to think a moment about Apple’s strategy. The company has minted money through marrying device and interface in a way that stand-alone hardware and software companies never did. The Mac, iPod, and iPhone all succeeded through integrating radical hardware and software innovations to stand out from crowded markets. With today’s announcement, we are seeing a shift. The hardware unveiled in the iPhone 4S is more
advanced than in the previous generation, to be sure, but it is hardly exciting. Apple now seems to be betting on the software to drive the sales. With Siri, iCloud, and innumerable less prominent systems, the company is ingraining its systems into users’ lives in an unprecedented way.
New Revenue Streams – Siri could be the ultimate “freemium” play. Once a person is using the system regularly for appointments and contacts, it would be so tempting to use it look up restaurants, get traffic reports, and take care of life’s impromptu essentials. How much is that worth? What about all the hyper-targeted advertising this makes possible? Apple would understand an individual like no other company — not even Google — and it could match ads to very specific occasions. Existing Internet players target pieces of the puzzle, but Apple would have unparalleled power due to both its data analytics and its ownership of the voice interface.