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Originally Posted by ScotiaBurrell
in other words reorganization.
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Quote:
Originally Posted by Andrew H.
MS didn't "save" Apple, and the $150 million investment was a drop in the bucket compared to Apple's $1 billion loss the year MS bought the stock. The fact that MS agreed to continue producing Office for Mac was probably more important than the cash.
What saved Apple was that Jobs cut 70% of the Mac line (there used to be about a dozen different models; this also led to 3,000 workers being laid off) and focused on only producing 4 models. And that, one year after he came back, he introduced the iMac.
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Do you both think that the agreement with MS did nothing to do with Apple coming back from the brink of bankruptcy?