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by scarface_74 940 days 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.

1 comments

Interesting, I admit to never studying that history and only hearing the story as told by others after the fact!
There 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.
You said a lot without showing one citation where I said something that was factually incorrect…
Because I agree with you? I don't know where you got the impression I said you were wrong...