[jonhendry]

Jobs wasn't talking at your workplace. So what you talk about with your coworkers is kind of irrelevant.

In the context of an Apple quarterly performance conference call, Flash RAM is arguably the more relevant sense, since so much of Apple's product line uses it and thus it plays a major role in Apple's business.

The person posing the question failed to specify, allowing Jobs to deflect the question by choosing the meaning most convenient.