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IIRC that included the LaserPrinter deal with Apple which kind of made the company. And I don’t think Jobs bought the shares personally but rather Apple did.
by CalChris 6y ago
IIRC that included the LaserPrinter deal with Apple which kind of made the company. And I don’t think Jobs bought the shares personally but rather Apple did.
- tonyedgecombe 6y agoI think that deal helped Apple as well. At the time every Apple site I visited had a LaserWriter next to a Mac running some DTP software.
- CalChris 6y agoYes, it did help Apple as well. Moreover, Apple made a lot of money on the stock back in 1989 when Adobe went public. Apple's 3.42 million shares of Adobe, purchased in November 1984 for $2.5 million, are now worth about $84 million. Based on today's price, Apple would register a pretax gain of more than $80 million in its fiscal fourth quarter, ending in September. https://www.nytimes.com/1989/07/07/business/apple-selling-adobe-stake-two-could-become-rivals.html https://www.nytimes.com/1989/07/07/business/apple-selling-ad...