You're imagining Steve Jobs made some sort of rational choice. It sounds like he pretty much ignored the facts, as well as the advice of family and friends. Here's his biographer's quote to CBS:
"I think that he kind of felt that if you ignore something, if you don't want something to exist, you can have magical thinking. It'd worked for him in the past. He regretted it."
"I think that he kind of felt that if you ignore something, if you don't want something to exist, you can have magical thinking. It'd worked for him in the past. He regretted it."