DirtyP2002 said:
check this vid. You can hear how Steve Jobs knows that MS just saved them. |
It was a mutually beneficial deal.
Like any other company, MS isn't in the habit of "saving" their competitors. It buys them or it crushes them. They wouldn't have signed the deal if they didn't think that they stood to gain from it. Whether that gain was a favourable settlement of a patent suit or using Mac OS as a hedge against anti-trust charges is speculation.
MS Office support is important to Apple, but various MS software, including Office, had been available on Mac for years before this deal, so it's hard to view continued support as a big rescue operation. It's also hard to view the investment as a life-saver when Apple was sitting on cash reserves of $1.2 billion at the time. Still, Apple obviously thought they stood to gain from the deal, or they wouldn't have signed it either.
It's too bad that MS sold those shares long ago. That $150 million investment would be worth close to $5 billion today. That's some mad bank, even for a behemoth like MS.

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