4 ms·
Microsoft's small investment ($150M) in Apple was really to prop them up just enough to avoid Apple's bankruptcy Apple had over $1 billion in cash at the time
by Anechoic 15y ago
Microsoft's small investment ($150M) in Apple was really to prop them up just enough to avoid Apple's bankruptcy
Apple had over $1 billion in cash at the time of the investment. You can argue that the investment and continued development of Mac Office help shore up investor confidence, but the cash made little difference to Apple's bottom line.
http://apps.shareholder.com/sec/viewerContent.aspx?companyid=AAPL&docid=107083 http://apps.shareholder.com/sec/viewerContent.aspx?companyid...