Shortly before the debut of iTunes in 2001, Apple once again contacted Panic and set up a meeting. The Panic developers had no idea that iTunes existed or was based on their competition until attending the Macworld keynote that unveiled it, just days before their scheduled meeting with Apple. But this is not the interesting part of the story.
It is the tale of the small company's brief encounters with Apple's Steve Jobs that I found particularly fascinating. Jobs obviously wasn't afraid to tell them what he thought. Some might call it confidence; others would call it arrogance, or maybe ego. Regardless, it's clear where Apple gets the hubris to make its boldly misleading advertising claims: straight from the top.
I believe that while it's good to be passionate about your work and even believe that you're the best, a little humility wouldn't hurt every now and then. But I guess humility doesn't sell products or make you obscenely rich. Just ask fellow billionaire Bill Gates.
A couple of key quotes from the story (emphasis mine):
[Immediately after the debut of iTunes, which caught the Panic guys by complete surprise]
"Hi Steve, it's Cabel, from Panic."
"Oh, hey Cabel! Nice to meet you. So tell me, what'd you think of iTunes?"
"Well, I think it looks great! You guys have done a great job with it. But, you know, I still feel we'll do all-right with Audion."
"Oh, really? That's interesting, because honestly? I don't think you guys have a chance."
[At the scheduled meeting a few days later in Apple's board room]
We also seem to remember Jobs painted us a vibrant (but genuinely honest) picture of how he viewed Audion fairing against iTunes:
"It's like you guys are a little push-cart going down the railroad tracks, and we're a giant steam engine about to run you down."
The complete story is here: http://www.panic.com/extras/audionstory/
I skipped the first half, which just recounts the original history of the Audion software. Scroll down to "The Big E-Mail" about midway through the page to read about the encounters with Apple and Steve Jobs.
asl?
[edit] I should also be asking the breed!