How Bill Gates invested in Apple | Elite Web Technologies posted on the topic | LinkedIn (2024)

Did you know that Microsoft once helped Apple avoid bankruptcy? Yes, you read that right! Here's the story:Back in the late 90s, Apple was struggling financially. Their products weren't selling as well as they had hoped, and were on the brink of bankruptcy.Enter Microsoft, their biggest competitor at the time. You might be thinking, "Why would Microsoft help Apple?" Well, it wasn't out of the goodness of their hearts.Microsoft was facing antitrust lawsuits, and it needed Apple to stay afloat to avoid being labeled a monopoly. So, they made a deal with Apple. Microsoft invested $150 million in Apple and agreed to develop Microsoft Office for Mac. In exchange, Apple agreed to drop their lawsuit against Microsoft for copying their user interface.But here's where it gets interesting. By investing in Apple, Microsoft actually made a profit. Their investment in Apple helped boost their stock price, making them more money than they initially invested. Talk about a win-win situation!This shows that even the biggest competitors can find common ground and work together for mutual benefit. And who knows, maybe one day we'll see Apple & Microsoft collaborating on a new product.What do you think about this story? Share your thoughts in the comments below!#collaboration # #investment #investing

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In 1997 Microsoft invested $150 million into Apple, just when they needed cash injection to stave off bankruptcy. Today, Apple Inc. has a market capitalisation of $2.7 trillion while Microsoft Corp has a market capitalisation of $2.43 trillion. The lesson here, given the right circ*mstances even competitors can find common ground. #apple #microsoft #competition #business #anecdotehttps://lnkd.in/e-3YHJ-J

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In the early 90s, Apple was on the brink of bankruptcy. But did you know that Microsoft helped save the company from going under? In this video, we dive into the fascinating story of how Microsoft came to Apple's rescue and explore the lasting impact this partnership had on the tech industry. If you're interested in the history of two of the biggest tech companies in the world and want to learn about the unlikely alliance that saved one from collapse, then this video is for you. Don't miss it!#apple #microsoft #business #helpinghands #billgates #stevejobs

The rivalrous friendship of Bill Gates and Steve Jobs is the stuff of tech lore. But a poignant moment arrived in their relationship when Microsoft had to step in and save Apple from bankruptcy 💀.“Bill, thank you. The world’s a better place”, Jobs told Gates shortly after Microsoft invested $150 million in Apple.Today, Apple is a multi-trillion-dollar 💸 juggernaut and the largest publicly listed company in the world. But the ride to its valuation peak has been far from easy.Return of the King 🤴In the mid-1990s, Apple struggled with falling sales, internal conflicts, and a lack of direction. Steve Jobs returned as the company’s interim CEO in August 1997.Once at the helm, Jobs canceled ❌ products such as the Newton and Cyberdog to limit its losses and reduce cash burn rates. He also reached out to Gates for a game-changing deal that shocked Wall Street.Microsoft stepped in as an unexpected ally, investing $150 million 💰 in Apple in the form of non-voting shares. As part of the deal, the two tech disruptors agreed to a cross-licensing patent agreement, allowing the companies to use each other’s patents without legal disputes.Microsoft committed to releasing the MS Office for Macintosh computers for at least five years, ensuring the availability of essential productivity tools 🛠 for device users.Apple’s fortunes took a 360-degree turn with the return of Steve Jobs and the launch of revolutionary products such as the iPhone 📱 and the iPod soon after. The bail-out proved pivotal in tech history, enabling Apple to become the powerhouse it is today.Today, Apple is valued at $2.75 trillion 🚀. In December 1997, its market cap stood at $1.6 billion.Subscribe to my newsletter, "3 Big Scoops," for more such insights from Wall Street. Link in the comments 👇#apple #investing #markets #stocks #stevejobs #microsoft

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Quick read. Snippet below. “Two years ago, Apple became the first company to exceed $3 trillion in market capitalization. Oil and gas production company Saudi Aramco briefly controlled the title before Apple took it back. It held on for a year and a half.”

It was only about a 1 ½ months ago that I wrote aboutApple becoming the 1st company with a $3 Trillion dollar valuation. Fast Forward to today and Microsoft briefly surpassed Apple to become the world’s most valuable public company on Friday, January 12, 2024.I say “briefly”, because both company’s valuations went back-and-forth throughout the trading day, ending with Microsoft just slightly ahead of Apple, and there’s no trading today, which is Martin Luther King Jr. Day.As it stands right now both Microsoft and Apple are both valued at $2.89 Trillion dollars with a capital T!https://lnkd.in/eGGtyBz6

#didyouknowThis investment was a turning point for both companies. Apple was struggling at the time, and Gates' investment helped to stabilize the company. It also showed that Gates was willing to support a competitor, which was a sign of goodwill and cooperation.#BillGates #apple #microsoft #investments #businessrescue #TechHistory #financialsupport #HistoricMoment #collaboration #techindustry #AppleHistory #turningpoint #BusinessPartnership #TechLeaders #gamechangers #technews

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On this day in 1997, Microsoft invested $150 million into Apple.It saved Apple from bankruptcy and still is one of the wildest stories in tech 👇🏼One of the most successful technology companies of all time was on the verge of bankruptcy in 1997. This is precisely when Steve Jobs was brought back to revive the struggling company.To save his brainchild, Jobs made a deal with Microsoft, their biggest rival at the time, which bought non-voting shares worth $150,000,000 in Apple. For the perspective, that's worth more than $285M today (adjusted for inflation).Microsoft co-founder & CEO Bill Gates promised not to sell their stake for the next 3 years.This was a callous decision, and Steve Jobs was heavily criticized for it. Many thought that for Apple to win, Microsoft had to lose.But it was the opposite.The investment bailed out Apple from a huge financial crisis at that time. It fully recovered, really focused on product innovation, and never looked back.In 1998, iMac was launched. 2001 gave the birth to iPod, later iPhone was introduced and the rest is history.Since then it became the first company ever to hit a $1 trillion market capitalization. Then it passed $2 trillion and in 2023 - even the $3 trillion mark.Today Apple is valued at close to $2.9 trillion and is worth more than Microsoft itself.Competition pushes us forward but only by working together we can redefine our boundaries.cc - Linas Beliūnas——Follow Muhammad Ehsan for more!P.S: Credit goes to the respective owner(s).#apple #micorsoft #billgates #stevejobs #techcompany #fintechnews

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🤔 "Would've...Could've...Should've" thoughts...Last week, Microsoft overlook Apple to become the most valuable public company at $2.89 Trillion. It triggered me to think back to 1997, when Microsoft invested $150M in Apple. Not to save them from bankruptcy, be "good guys," but as part of a settlement for pirating software from Apple. Microsoft's investment equated to owning 7% of Apple, in preferred stock. In 2001, when converting that into common stock, it owned 18.1 million of Apple shares. And two years later, in 2003, Microsoft sold their stake in Apple for $550M. A 266% increase...and change. Nice return, right? But hypothetically, WHAT IF #Microsoft held onto their stake in #Apple until today? Through all the stock splits (2:1, 7:1, and 4:1). Here's the math: today, Microsoft would have owned a little over a billion shares of Apple. And the $150M investment would today be worth just over $189 Billion—unless my math is wrong, that an increase of 125532%. 👉 Per investments within today's rapidly evolving digital and AI era, what are your thoughts—specific to timing—with respect to holding vs selling?

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#Microsoft briefly overtook #Apple as the world's most valuable company for the first time since 2021 after the #iPhone maker's shares made a weak start to the year on growing concerns over demand.Microsoft's shares have risen sharply since last year, thanks to the early lead the company has taken in generative artificial intelligence through an investment in #ChatGPT-maker #OpenAI.Microsoft and Apple have jostled for top spot over the years with around market valuation of $2.90 trillion.www.bakinv.com#bakarainvest #software #mobile #stocks #stockmarket #markets #business #investing #money #finance #tech #fintech

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