Maybe not formally but certainly awfully close.
Read up on the history of Apple and Steve's return, the company would have failed if he didn't return and got key investments from Microsoft and others. The company was that close to reorganization. That is also why Steve took an axe to the company and killed Newton, drastically reduced Mac Models and otherwise eliminated expenses and payrolls they couldn't afford. Sadly people think that Steve killed Newton because he hated it, however the evidence is pretty clear he had to do so to get the company back on track.
There is good reason to the belief that Steve managed one of the biggest corporate turn arounds in history. In a very short time, relatively, he took Apple from skid row to the biggest corporation in the world based on income. That is the real success story of Steve Jobs.
Apple went Bankrupt in the late 1990s??????????????
Read up on the history of Apple and Steve's return, the company would have failed if he didn't return and got key investments from Microsoft and others. The company was that close to reorganization. That is also why Steve took an axe to the company and killed Newton, drastically reduced Mac Models and otherwise eliminated expenses and payrolls they couldn't afford. Sadly people think that Steve killed Newton because he hated it, however the evidence is pretty clear he had to do so to get the company back on track.
There is good reason to the belief that Steve managed one of the biggest corporate turn arounds in history. In a very short time, relatively, he took Apple from skid row to the biggest corporation in the world based on income. That is the real success story of Steve Jobs.