Peter Burrows wrote a popular and, as always with Apple, controversial BusinessWeek cover story about Apple's gains in the corporate world. Never mind, its utter lack of trying. He joined me to talk about the story, how this plays in the Mac's overall market share gains and what it could mean for Apple's already strong financials.

The press is abuzz with speculation that Microsoft may be making a bid for Facebook, a deal Henry Blodget loves. And it's easy to see why Microsoft would, too. But my money says Facebook still doesn't sell.

The wild card for future negotiations will be Facebook's board. Right now, the board consists of just Facebook CEO Mark Zuckerberg and investors Peter Thiel and Jim Breyer, and Zuckerberg controls three seats. The fourth member could have a pivotal vote in any future acquisitions. And if you're a Facebook bull, rumors that Marc Andreessen may be joining the board are good news.

In his Saturday missive, Microsoft CEO Steve Ballmer cited Yahoo's proposed partnership with Google as a key reason for not going hostile. Ballmer said such an arrangement "would fundamentally undermine Yahoo's own strategy and long-term viability by encouraging advertisers to use Google as opposed to your Panama paid search system."

Yahoo President Sue Decker disputed that assertion in the second part of my interview with her Monday. Decker says the Yahoo-Google search test was "helpful" but that Yahoo will remain a "principal" in both search and display. (For part one of the interview, click here.) She didn't rule out a possible deal with AOL or a stand-alone strategy.

Decker acknowledged the anger and disappointment among some Yahoo employees who wanted the Microsoft deal. But, she added, there's a "greater sense of urgency" now at Yahoo, and "I think you'll find as many excited to show the world what they can do."

Monday was a rough day for Yahoo, with shares plunging 15% in the wake of the weekend collapse of merger talks with Microsoft. Yahoo’s President, Sue Decker, sat down with me in San Francisco and recounted her version of events during the 3-month takeover battle. She reiterated what looks to be a key Yahoo theme: Jerry Yang & Co. never received written confirmation of Microsoft’s $33 raised bid.

This is an echo of comments made by Yahoo sources over the weekend (including those to the Wall Street Journal and CNBC). In addition, when I asked Decker which shareholders support the Board’s decision to hold firm at $37, she referred back to the original formal bid: "The work our Board did was to go around and talk to shareholders at the price Microsoft offered in writing, which was $31 a share."

Decker said that the deal wouldn't necessarily have been done at $37 a share, either. "Price was not the only factor," said Decker. But she added that the two companies never were able to address important questions around culture and vision because they couldn't get past the price.

As for shareholders and employees themselves having trouble getting past the plunge in Yahoo shares Monday, Decker urges patience. "We will deliver much more value than what was on the table," she said.