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#1 | |
Distributor of Pain
Join Date: Nov 2004
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#2 | |||
Mindful Taoist German
Join Date: Aug 2000
Casino cash: $6561662
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This was addressed in one of the Apple Expo's by Jobs but for some reason I can't find any info on it.
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#3 | |
Thread-Stopper Extrodinaire
Join Date: Sep 2001
Location: Seattle, WA
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#4 | |
MVP
Join Date: Aug 2003
Casino cash: $7737309
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![]() Yeah, Jobs out-played Gates. ![]() The move buy Gates was PURELY business. At the same time it happened they announce Mac Office. Boom, M$ profits. Then they dump a boat load of cash in to Apple, and Apple begins a fast upsurge in sales. All of a sudden, this VERY small change amounts to HUGE DOLLARS in the M$ monopoly court case because they once again have a thriving competitor and simply get slapped with fines rather than being split up. I'm not saying Apple was on its death bead, or even close, but to say M$ didn't make out like gang-busters is incorrect. To deny the success brought about by the "collaboration" efforts (Jobs plans, Gates $$$), is to seriously overestimate where Apple was at the time. |
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#5 | |||
Mindful Taoist German
Join Date: Aug 2000
Casino cash: $6561662
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Hell, Gates pockets more after taxes than the entire worth of Apple...but you're right about it helping his court cases.
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#6 | |
MVP
Join Date: Aug 2003
Casino cash: $7737309
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Hell, there were rumors about M$ moving 150 miles north into Canada if that happened. Also at the time was the Corel/Novell back and forth with their java-based Office client. Mac Office helped solidify a monopoly within a monopoly. |
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#7 | |
Thread-Stopper Extrodinaire
Join Date: Sep 2001
Location: Seattle, WA
Casino cash: $10004900
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My only point was that $150 Million investment was then, and still is now, painted by the media as the "day Microsoft saved Apple." That is so absurd, but that's the way it was seen. Apple needed Mac Office. Gates needed to avoid a court case. They made a deal that benefited both sides. Simple as that. |
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#8 | |
MVP
Join Date: Aug 2003
Casino cash: $7737309
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Rereading my response I was a bit harsh, sorry about that. I've been wondering what the world would be like today if Apple never got into bed with M$. |
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#9 | |||
Mindful Taoist German
Join Date: Aug 2000
Casino cash: $6561662
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#10 | |
Distributor of Pain
Join Date: Nov 2004
Casino cash: $8644900
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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. |
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#11 | |
Screw U if U can't take a joke
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#12 | |||
Mindful Taoist German
Join Date: Aug 2000
Casino cash: $6561662
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