The cat is actually dead AND alive.

Pay attention, please:

A cat is placed in a box, together with a radioactive atom. If the atom decays, and the geiger-counter detects an alpha particle, the hammer hits a flask of prussic acid (HCN), killing the cat.

Before the observer opens the box, the cat’s fate is tied to the wave function of the atom, which is itself in a superposition of decayed and undecayed states. Thus, said Schroedinger, the cat must itself be in a superposition of dead and alive states before the observer opens the box, “observes” the cat, and “collapses” it’s wave function.