Quote:
Originally Posted by Liviu_5
First of all despite Mr. Jobs' recent excellent (and well deserved) press, let us not forget that he almost drove Apple into bankrupcy and Apple had to be helped to survive by (gasp) Bill Gates with a timely cash infusion.
SNIP
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Um... BZZZZZT!!! Actually, Apple was doing pretty well when Bill Gates invested in them. The Gates put in about
$100 million, at a time when Apple was profitable, had no debt, and had...
...wait for it...
$5 BILLION in the bank!
Bill Gates' "timely cash infusion" was a face-saving part of making a deal to settle outstanding patent disputes (Microsoft paid Apple something upwards of $1billion over a couple of years), promise to keep developing Office for the Mac for at least 5 years, and (oh yeah) invest $100 million in Apple.
Not a rescue, though.
Xenophon