And Jobs / Apple owes their current solvency and existence to Microsoft's $150 million cash infusion in 1997. This was on the heals of Jobs being fired from Apple for mismanaging it's product strategy, then starting and tanking Next Computer in 1996 - based on the culmination of everything he knew at the time. So, no, Steve Jobs doesn't walk on water as you seem to believe.
Just factual.
Again? Twice in one night that myth is trotted out. Good Grief.
Just factual.
Uncommonsense? I am sorry but I don't see even common sense. So far, YOU have produced no facts at all.Like I said earlier evening, this MYTH is like the hydra... it keeps popping up and if you lop off a head, two more pop up.
What you posted is male bovine exrement.
Apple had $1.4 BILLION in cash and another $400 million other liquid assets in when Microsoft was forced to settle a patent and copyright infringement lawsuit that Apple had brought against them that could have cost them many times that amount.
Apple allowed them, in a series of three interlocking contracts, to save face by buying $150 million in Apple Preferred Stock. Microsoft also was required, by the terms of the settlement, to License from Apple, for an undisclosed yearly amount, the Quicktime software copyrights and patents they had mis-appropriated from Apple. In addition, Microsoft agreed to continue development and marketing of MS Office for Mac for an additional five years. MS was also required to relinquish to Apple, licenses for some of their intellectual properties in perpetuity at no cost to Apple.
For its part, Apple agreed to drop the lawsuit and include MS Internet Explorer for Mac on its new computers and distribution disks for a period of five years... along with Netscape Communicator.
My, my, that looks like Microsoft LOST this lawsuit, BIG TIME, doesn't it.
. . . $150 million cash infusion 1997. This was on the heals [sic] of Jobs being fired...
Jobs was ousted from Apple the company he co-founded and built, not for mis-management, because he was not CEO, just Chairman of the Board, in 1987, TEN YEARS BEFORE the lawsuit settlement. He was fired because of a management dispute with CEO John Sculley. History has proved Jobs was right, Sculley wrong.Since Jobs had had nothing to do with the management of Apple for 10 years, any financial straits that your mythical Apple history has afflicting the company was not, as your assertion implies, due to Jobs' lack of management skills—it is demonstrably the failure of a line of three incompetent CEOs who did not have vision.
Apple bought NeXT for $400 million dollars from Jobs—hardly a "tanked" operation—and, in an admission of their error of ten years before, placed Jobs back on the Board of Directors of Apple. On Gil Amelio's resignation, Jobs became interim CEO. Since that elevation, Apple's Stock has risen over 2000%. . . the number two greatest increase/period on the Stock market.
You also completely ignore Jobs 1986 purchase of Pixar for $10 million—a mere pittance, from George Lucas—which he then turned around and sold to Disney for $6 BILLION. . . and essentially took over Disney.