Mr.BB wrote: ↑
Wed Feb 19, 2020 4:37 pm
nisiprius wrote: ↑
Mon Feb 17, 2020 8:35 am
Jack FFR1846 wrote: ↑
Mon Feb 17, 2020 8:14 am
Apple already did nearly go bankrupt once. Look at their history. They're lucky to still exist.
Indeed. I think it was more like twice. Apple was in terrible shape in 1985 as well as about 1996. The Macintosh, with only 128K of RAM, hinted at possibilities but failed to realize them.
I was personally at the Apple Worldwide Developers' Conference in 1996. I didn't go every year, but my company sent me because we all thought it was very important to get up to speed on the revolutionary new Mac OS, "Copland," as well as Quickdraw GX. There would be a compatibility testing lab in which we could see if our application worked with Copland, and we would all go home with a CD containing a developer release.
What a depressing event.
In the compatibility lab they had problems even getting Copland to boot, and basically nobody's software ran under it.
Gil Amelio came out in front of an audience of developers in casual dress... many in tee-shirts from previous WWDC's... in a suit and tie. To shouts of "lose the tie! lose the tie!" he looked puzzled and paralyzed and didn't do it. He stumbled woodenly through some unconvincing speech. Guy Kawasaki and Heidi Roizen tried to work up enthusiasm and convince developers that Apple "finally has adult supervision." At some point they apologized that the developer releases were not ready but would be mailed out in a few weeks after the event. Then a few weeks later they announced that Copland was cancelled.
I believe Appl was 6 months away from bankruptcy when Steve Jobs came back.
Yes, Jobs even said that.
Had the Just. Dept. not been after MicroSoft for anti-trust violations, and had Steve and Bill Gates collaborated in the past,
the Steve would not have been able to get Gates to make a cash infusion into Apple for 15% stake in the company.
Earlier, Gates would have either let his competitor fade away or acquired them for intellectual property rights.
By investing in Apple, Gates keeps a competitor alive and staves off monopoly complaints long enough for the Bush administration
to come in and make the suit against MicroSoft go away.
Pure genius of Jobs to make that call, and to endure the ire of the Apple fans. Boos were loud when Jobs introduced
Gates via video conference at a MacWorld event:
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