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Old 11-29-2004, 04:38 PM   #11
Logical Logical is offline
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Join Date: Aug 2000
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Quote:
Originally Posted by bobbything
The $150 mil was an agreement between Apple and Microsoft. Microsoft would develop Office software for Apple and Apple would drop their "likeness" lawsuits.

The contract was for 5 years and ended in early 03. So, Jobs sold the stock (he could do so because it was a non-voting option that Gates invested in). Basically, it was a $150 million loan.
That clears that up, sorry Brad.
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