* Posts by Me and My Arrow

1 post • joined 21 Jun 2014

20 years on: eWorld, Apple's spectacular online 'portal' failure

Me and My Arrow

Re: Rhetoric vs Reality

@ James O'Brien

To paraphrase Jack Black in the movie High Fidelity, "you could be and are wrong". In 1997 Microsoft did agree to buy a bunch of preferred stock, but the amount of money involved was $150 million, not $5 Beellion. Microsoft also committed to continue to produce versions of MS Office for Macintosh. Some details in this story: http://news.cnet.com/2100-1001-202143.html

As it turns out if Microsoft held on to that stock they made a much bigger return on their investment than any of their investors made on Microsoft stock purchased at the same time.

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