4 ms·

Microsoft owns a significant amount of Apple stock.

• simondotau 5y ago
  Citation? Remember in 1997, Microsoft invested 150 million dollars into Apple to appease regulators? They sold it in 2003 for a tidy 550 million dollars. Nice return on investment! If they didn't sell it, it would be worth approximately 130 BILLION dollars today.
  • GhettoComputers 5y ago
    Looks like you’re right, MS liquidated it a long time ago, and I mixed up Gates and MS, but if we call 5% as lowest amount of significance or how it was non voting stock it still isn’t a good point I made. https://au.finance.yahoo.com/news/microsoft-founder-bill-gates-owns-billions-apple-232946230.html https://au.finance.yahoo.com/news/microsoft-founder-bill-gat...
  • reducesuffering 5y ago
    Ballmer strikes out again