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Microsoft never “saved” Apple and this myth needs to die. Microsoft invested $250 Million in Apple after it already had a multi billion line of credit. On top
by scarface_74 3y ago
Microsoft never “saved” Apple and this myth needs to die.
Microsoft invested $250 Million in Apple after it already had a multi billion line of credit.
On top of that, Apple turned around and the same quarter spent $100 million to buy out PowerComputings Mac assets. It was three years and much more than $150 million in losses later that Apple became profitable.
And that $250 million was also partially to settle a lawsuit over Microsoft stealing QuickTime source code for its own media player. This is separate from the look and feel lawsuit.
- brenns10 3y agoInteresting, I admit to never studying that history and only hearing the story as told by others after the fact!
- seec 3y agoThere is a lot of narrative being built around Apple = good, Microsoft = bad. I, as an Apple aficionado, had to learn the truth piecemeal and understand that there really is a reality distortion field around Apple. You can't really trust much of what the fanboys will say. They say anything to make Apple look good and save face. I believe it comes from the cognitive dissonance of buying hardware that is so much above competitive market price, there is a need to build a lot of stories about moral superiority and things like that.
- scarface_74 3y agoYou said a lot without showing one citation where I said something that was factually incorrect…
- seec 3y agoBecause I agree with you? I don't know where you got the impression I said you were wrong...