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Microsoft Rescues Apple, twenty years ago today...

countryclubjoe

Regular Member
Joined
Mar 3, 2013
Messages
2,505
Location
nj
Twenty years ago today (1997). Microsoft shelled out 150 million dollars for a minority stake in struggling Apple Computer..

A 1K investment at that time is worth around 40K today. Nice Country America, and thank you Mr.Gates, best investment I ever made.:D

My .02
Regards
CCJ
 

KBCraig

Regular Member
Joined
Aug 7, 2007
Messages
4,857
Location
Granite State of Mind
Twenty years ago today (1997). Microsoft shelled out 150 million dollars for a minority stake in struggling Apple Computer..

A 1K investment at that time is worth around 40K today. Nice Country America, and thank you Mr.Gates, best investment I ever made.:D

My .02
Regards
CCJ

"Microsoft bailed out Apple" was BS 20 years ago, and still is. It was a drop in the bucket for Apple, and reflected their patent settlements.
 

countryclubjoe

Regular Member
Joined
Mar 3, 2013
Messages
2,505
Location
nj
"Microsoft bailed out Apple" was BS 20 years ago, and still is. It was a drop in the bucket for Apple, and reflected their patent settlements.

I disagree Sir, Apple was struggling at the time for cash infusion and the lawsuit that was dropped by Microsoft was huge at the time for Apple..

Bottom line both companies made a lot of us little investors rather rich..

My .02
Regards
CCJ
 
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