How did Microsoft save Apple?

Microsoft saved Apple from bankruptcy. In 1997, Microsoft saved Apple from almost-certain bankruptcy by making a $150 million investment. Steve Jobs announced it on stage at his first appearance as Apple CEO, to boos from the audience.

Did Bill Gates help create Apple?

Steve Jobs and Bill Gates’ rivalrous friendship is the stuff of tech lore. 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.

Did Bill Gates steal GUI from Apple?

2: Bill Gates Stole Apple Inc.’s GUI Technology In 1988, Apple Inc. filed a landmark lawsuit against Microsoft. The suit claimed that Microsoft Windows used graphical user interface (GUI) parts too similar to those in Apple products such as the Macintosh operating system.

Is Bill Gates steal Steve Jobs idea?

Besides, Gates knew full well that Apple took the idea for the graphical interface from the Xerox PARC labs, a research institution they both admired. When Jobs accused Gates of stealing the idea, he famously answered: “Well, Steve, I think there’s more than one way of looking at it.

Why did Bill Gates invest $150 million in Apple?

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.

What happened to Bill Gates and Steve Jobs?

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.

What company did Bill Gates save in 1997?

In August of 1997, Gates stepped in and saved Apple, which, at the time, was on the brink of bankruptcy.

Why did Microsoft invest $150 million in Apple in 1997?

August 6, 1997: In one of the most famous moments in Apple history, Steve Jobs reveals that Microsoft invested $150 million in its rival. Although often presented as an inexplicable gesture of good faith on the part of Microsoft boss Bill Gates, the cash infusion into Apple actually benefits both companies.