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by raw_anon_1111
179 days ago
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It’s a myth that the “cash injection” from Microsoft saved Apple. Microsoft gave Apple $250 million. The next quarter Apple turned around and spent $100 million on PowerComputing’s Mac assets. Apple lost over a billion more before it became profitable. The $150 Net wouldn’t have been make or break. Now Microsoft promising to keep Office on the Mac was a big deal |
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Also you're forgetting the part that those announcements gave Apple a good marketing for additional credit from banks.