has legitimacy or not.

Remember all the Very Definite Claims By Very Important Analysts in the 90’s that “Apple is going out of business any day now” in spite of the fact that the company was extremely solvent and had tones of cash on reserve?

Total bullshit.

Thanks for the blast from the past.

Steve Jobs and Bill Gates show eliminating competition isn’t the only way to win

https://www.cnbc.com/2017/08/29/steve-jobs-and-bill-gates-what-happened-when-microsoft-saved-apple.html

Steve Jobs and Bill Gates’ rivalrous friendship is the stuff of tech lore. The most poignant moment of that fraught relationship happened 20 years ago. In August of 1997, Gates stepped in and saved Apple, which, at the time, was on the brink of bankruptcy.

“Bill, thank you. The world’s a better place,” Jobs told Gates after the Microsoft exec agreed to make a $150 million investment in Apple.

Bottom line it was a deal that benefited both companies.

But the claims Apple was on the ‘brink of bankruptcy’ was a bit of an exaggeration, as Apple was sitting on tons of cash reserves.

Have a great week!

Apple’s getting sued for having a monopoly on the iPhone’s tap-to-pay
https://www.theverge.com/2022/7/18/23269369/apple-pay-class-action-lawsuit-antitrust-tap-to-pay-eu

Apple liable for millions in unpaid wages after court rules retail worker bag checks illegal
https://appleinsider.com/articles/20/02/13/apple-liable-for-millions-in-unpaid-wages-after-court-rules-retail-worker-bag-checks-illegal

The Five Biggest Lawsuits Apple has Ever Faced
https://moneyinc.com/biggest-apple-lawsuits-in-history/