aldo said:
Their share price was taking a beating and the only thing that turned it round was Microsoft's investment:
http://finance.yahoo.com/q/bc?s=AAPL&t=my
Also, they made a loss before this:
http://web.archive.org/web/19981202...leases/1997/q2/970115.pr.rel.q197earning.html
Yes, this was a bad time for Apple. And it was Apple's own doing because of poor leadership. The thing that turned it around was Steve Jobs focusing the company on real outcomes (creating excellent products like the first iMac, reducing models and stock on hand, improving finances, etc).
All you're doing is interpreting some basic facts to suit your own opinions. And none of your messages have addressed your original troll:
aldo said:
"They won't drop Microsoft. Microsoft owns a large stake of Apple... The only reason Apple survived in the mid 90s was because of Microsoft."
Apple won't "drop Microsoft". If any company gets dropped, it'll be Microsoft dropping Apple. I can't imagine that will happen anyway. A new Macintosh Works package won't threaten Microsoft Office's monopoly of the Windows productivity suite market. The majority of Mac users will continue to buy Office to maintain compatibility with the overwhelming majority of users.
Microsoft do not and have not owned "a large stake of Apple". Microsoft only ever purchased 150 million worth of non-voting stock in Apple and agreed not to sell it within 3 yrs.
<http://www.apple.com/ca/press/1997/08/AppleMicrosoft.html>.
<http://66.102.7.104/search?q=cache:RL40LxQSz0gJ:cyber.law.harvard.edu/msdoj/transcripts/1109a.doc+schiller+apple+microsoft+agreement+%2Bends&hl=en&start=9>
150 million wasn't and isn't "a large stake of Apple". You stated this was a 7% share, hardly "a large stake". It was just a show of financial support that Steve Jobs sought from Bill Gates to stop market confidence in Apple from eroding further.
Also, non-voting stock stops you from voting - you have no control of the company. It also makes you look good to the DoJ and lets you have a Mac Business Units that is very profitable. A nice win all round for both parties.
This 5 year deal has ended now. I understand Microsoft have sold these shares now. And they would've made a very tidy profit on them too as Apple's share price has increased *significantly* since 1997.
aldo said:
"The only reason Apple survived in the mid 90s was because of Microsoft"
Sure, the 150 million deal was a significant factor, but hardly the sole factor. Yours is a simplistic opinion/troll ignoring everything that Apple did in the 1990s.
aldo said:
"This is what Microsoft could do. Pull out of OSX completely. Drop support for VPC, MSN Messenger, Office etc on Mac. Stock price plummets (investors know that Microsoft is big and when big goes away from small, it's not good). Apple's stock is overvalued anyway, and it will fall back to the $50 mark regardless.".
Who cares if Microsoft drop support for VPC and MSN Messenger? Apple could easily replace VPC themselves with one of a few open source alternatives that they'd improve. There'd be no rush to do this as VPC would continue to work on existing hardware. And Messenger is a joke. It's hardly worth using on the Mac platform because MS already support it so poorly. It's functionality could be added to iChat easily - just like Fire, Adium, et al have.
As far as MS dropping support for Office, I've already responded to this above. A Mac Works package isn't a threat to Microsoft's monopoly of the Windows productivity market. It's just not gonna happen.
And lastly, your assertion that "Apple's stock is overvalued anyway" is debatable. Apple doesn't just make Macintoshes anymore. It has a serious cash cow on its hands with the iPod/iTunes and this only looks like strengthening with the rumoured release of a flash-based iPod. If it does well Apple will effectively own the entire music player market. And if you couple that will a rumoured $599 iMac sans monitor, then Apple's potential is significantly strengthened. These possibilites hardly indicate a seriously overvalued share price.
if your simply not trolling this fourm then please try to put some intelligence into your posts.