When Apple Partnered with Microsoft – Video
Steve Jobs and Apple Computer (almost bankrupt at the time) making a temporary deal with Bill Gates and Microsoft. The crowd was not too happy about it. Watch the video. On April 1, 1976, Steve Jobs, Steve Wozniak and Ronald Wayne established a small company to sell personal computer kits hand-built by Wozniak. That company, was Apple Computer. Thirty-five years later, Apple is now the most valuable technology company in the world. Its market capitalization exceeds $317 billion, trumping longtime rival Microsoft by more than $100 billion. Apple’s iconic products sit on the desks and in the pockets of millions of people across the world.
CEO John Sculley forced Steve Jobs out of the company but a decade later, in 1996, the company was on the brink of destruction when it acquired NeXT and brought Steve Jobs back. In 1997, Microsoft invested $150 million in Apple to keep it afloat.