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Also, Apple was down to 90 days of operating cash and almost went bankrupt in 1997.
by TYPE_FASTER 1y ago
Also, Apple was down to 90 days of operating cash and almost went bankrupt in 1997.
- masklinn 1y agoAnd Microsoft had to invest in Apple, as a bankrupt Apple would have left them with effectively no defense against the antitrust investigation they were undergoing.
- tough 1y agoThe irony in that is pretty funny tbh
- gruturo 1y agoIt's also proof that antitrust laws are beneficial, if only they were enforced (a lot) more seriously and frequently and uniformly.
- chongli 1y agoThe jury's still out on this case. When historians look back a hundred years from now, will they consider it beneficial that Apple survived? Or will they see it as an unfortunate reprieve for a company that wrought unfathomable destruction upon our society via the creation of the smartphone and the attention economy that soon followed? It's really hard to argue counterfactuals on this one. Perhaps the smartphone would have been built by Google anyway. I can't really imagine how, given the state of the mobile phone market at the time of the iPhone's release.
- pjmlp 1y agoI would keep enjoying my Maemo or Symbian Belle probably, who knows.