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Pretty close - their initial investment seems to have been 30%. https://www.latimes.com/archives/la-xpm-1990-11-28-fi-4993-story.html https://www.latimes.com/a

Pretty close - their initial investment seems to have been 30%. https://www.latimes.com/archives/la-xpm-1990-11-28-fi-4993-story.html https://www.latimes.com/archives/la-xpm-1990-11-28-fi-4993-s... "Apple has invested about $3 million (roughly 1.5 million pounds) for a 30% interest in the company" Also from that link, this amusing sentence: "Some analysts speculated that Apple might be eyeing ARM chips for use in a future notebook-sized computer"

klelatti 6y ago
It was actually 43% https://appleinsider.com/articles/20/06/09/how-arm-has-already-saved-apple---twice https://appleinsider.com/articles/20/06/09/how-arm-has-alrea...
- zimpenfish 6y ago
  I can't find any contemporary reporting that says it was 43% - from what I can see, the first mention of 43% seems to come from this - https://www.cultofmac.com/97055/this-is-how-arm-saved-apple-from-going-bust-1990s/ https://www.cultofmac.com/97055/this-is-how-arm-saved-apple-... - which is bonkers wrong about the initial investment ($1.5b!). Do you have anything pre-dating this nonsense article which says it was 43%?
  - klelatti 6y ago
    page 38 http://archive.computerhistory.org/resources/access/text/2015/04/102739951-05-01-acc.pdf http://archive.computerhistory.org/resources/access/text/201... Edit: Ah I see Cult of Mac quoted Hauser. Well Hauser was a director of Acorn at the time. Also Robin Saxby talks about Apple and Acorn investing $1.5m and VLSI $250k so with some shares for staff that would be about 43%.
    - zimpenfish 6y ago
      tl;dr: 43% might be right. Saxby talks about £1.5M from Apple and according to https://fxtop.com/en/historical-currency-converter.php?A=1500000&C1=GBP&C2=USD&DD=27&MM=11&YYYY=1990&B=1&P=&I=1&btnOK=Go%21 https://fxtop.com/en/historical-currency-converter.php?A=150..., £1.5M is just about $3M which I guess clears up the $3M number.
      - klelatti 6y ago
        I actually checked companies house but sadly the company (the original Arm Holdings) concerned no longer exists!

klelatti 6y ago

It was actually 43% https://appleinsider.com/articles/20/06/09/how-arm-has-already-saved-apple---twice https://appleinsider.com/articles/20/06/09/how-arm-has-alrea...

zimpenfish 6y ago
I can't find any contemporary reporting that says it was 43% - from what I can see, the first mention of 43% seems to come from this - https://www.cultofmac.com/97055/this-is-how-arm-saved-apple-from-going-bust-1990s/ https://www.cultofmac.com/97055/this-is-how-arm-saved-apple-... - which is bonkers wrong about the initial investment ($1.5b!). Do you have anything pre-dating this nonsense article which says it was 43%?
- klelatti 6y ago
  page 38 http://archive.computerhistory.org/resources/access/text/2015/04/102739951-05-01-acc.pdf http://archive.computerhistory.org/resources/access/text/201... Edit: Ah I see Cult of Mac quoted Hauser. Well Hauser was a director of Acorn at the time. Also Robin Saxby talks about Apple and Acorn investing $1.5m and VLSI $250k so with some shares for staff that would be about 43%.
  - zimpenfish 6y ago
    tl;dr: 43% might be right. Saxby talks about £1.5M from Apple and according to https://fxtop.com/en/historical-currency-converter.php?A=1500000&C1=GBP&C2=USD&DD=27&MM=11&YYYY=1990&B=1&P=&I=1&btnOK=Go%21 https://fxtop.com/en/historical-currency-converter.php?A=150..., £1.5M is just about $3M which I guess clears up the $3M number.
    - klelatti 6y ago
      I actually checked companies house but sadly the company (the original Arm Holdings) concerned no longer exists!