Re: look at PPS:/maninb...
in response to
by
posted on
Oct 31, 2011 11:35AM
You asked:...
"did Apple lose 95% of it's share price and be on the verge of being worthless? No".
YES it did.
Apple was heading for bankruptcy, and was down to $ 7 dollars during the Tech boom of late 90's when its Board fired their then CEO, and asked Jobs to come back...
Jobs borrowed $150 million from his Friend Gates, after convincing him that Apple should stay alive as it was the only other Company with a software thus saving Gates an Anti-Trust Investigation, and the rest was history...
The Genious of Jobs was his super secret lab. where he reverse engineered what was then flooting in the market, ( ala San Disk and Portal Player then EDIG partners), and built his EMPIRE starting with I-Pod...
Why do you think he has $40 Billion in cash? He planned for being sued...
Gil...