1997: Steve Jobs was wrong and Microsoft saved Apple
PC World | at | by Mike
It was 12 years ago today, at MacWorld Boston, that Microsoft announced it was saving Apple from almost certain doom. That was a different industry and certainly a different Apple, but without Bill Gates today's Apple probably wouldn't exist.
Wired.com has a wonderful recounting of the event posted today, but it gives too much credit to Steve Jobs, who at the time uttered a quote that sounded true but turned out to be absolutely false.
Here's what I saw at the time: On August 6, 1997, Apple and Microsoft announced the end of legal hostilities and that Microsoft would invest $150 million in Apple by purchasing non-voting shares in the struggling company. It also promised to continue publishing Office for Mac for another five years.