B
BillW50
I see lots of problems here. First of all, before this was Apple andEzekiel said:I do remember and I remember this silly urban legend as well. The
problem is that it's neither true nor accurate. In return for the $150M
Microsoft got a 6% stake of Apple stock and promised not to sell the
shares for at least 3 years. If they had held on to the shares today the
$150M of Apple stock would be worth $4.5 billion.
<quote>
*Legend Becomes Myth*
As noted in Paul Thurrott's Merciless Attack on Artie MacStrawman, it is
fashionable among Microsoft apologists to insist that the company bailed
Apple out in an altruistic act of compassion, and that any success now
enjoyed by Apple should rightfully be delivered to Microsoft in tribute.
Mark Stephens, writing as Robert X Cringely, speculated that Apple made
the deal to gain access to Windows code, and is secretly using the now
expired cross licensing agreement to deliver the Red Box, a system for
flawlessly running yesterday's Windows applications within Mac OS X,
just as seamlessly as OS/2 could run Win16 and DOS programs.
Others have suggested Apple was just out of money and desperately needed
Microsoft's help, ignoring the fact that Apple had just reported holding
$1.2 billion in cash. Another $0.15 billion wasn't going to make any
significant difference in the survival of the company.
</quote>
Microsoft was locked in war in court. As Apple sued Microsoft for
stealing its GUI from Apple. Microsoft charged that Apple stolen the GUI
from Xerox. So Apple is just as guilty. This went on for what 7 years or
so? And it was a dead stalemate. Apple finally called it quits since
they were never going to be sucessful in this lawsuit and was going broke.
Now here is where Microsoft gives Apple money. So what is the deal here?
If Apple didn't need it, why did they take it? So Mark Stephens is
Robert X. Cringely, eh? I always wondered about that. And while I have a
lot of respect for Cringely, he doesn't aways get everything right. But
most of the things are me just being nitpicky. ;-)
I admit, the whole thing doesn't make a lot of sense unless Apple needed
the money in the first place. And if they did have $1.2 billion in cash,
that doesn't mean they were rich. As how long could a company like Apple
run for on that amount? It might not be that long. I'm sure Apple was
hoping of getting billions from Microsoft the easy way by suing them.