Re:Steve Jobs used patents to pressure Bill Gates into 1997 ...
by Anechoic on Friday March 02, 2012 @02:00PM
(#3657830)
Microsoft's small investment ($150M) in Apple was really to prop them up just enough to avoid Apple's bankruptcy
Apple had over $1 billion in cash at the time of the investment. You can argue that the investment and continued development of Mac Office help shore up investor confidence, but the cash made little difference to Apple's bottom line.
Apple had over $1 billion in cash at the time of the investment. You can argue that the investment and continued development of Mac Office help shore up investor confidence, but the cash made little difference to Apple's bottom line.
http://apps.shareholder.com/sec/viewerContent.aspx?companyid...