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MS bails out Apple - how interesting is this!!!
Posted: 20 Jul 2009, 15:04
by shiv
Re: MS bails out Apple - how interesting is this!!!
Posted: 20 Jul 2009, 15:43
by Sojourn
Nice +1 to add to your lame counter.
Dated 1997 and 2001 ??
Re: MS bails out Apple - how interesting is this!!!
Posted: 20 Jul 2009, 15:47
by rustypup
did rick romero retire?
Re: MS bails out Apple - how interesting is this!!!
Posted: 20 Jul 2009, 15:48
by shiv
Sojourn wrote:Nice +1 to add to your lame counter.
Dated 1997 and 2001 ??
I couldn't care if they were dated 1950... how many people actually knew this??
Re: MS bails out Apple - how interesting is this!!!
Posted: 20 Jul 2009, 16:02
by Sojourn
erm... I did.
And if I in my ignorance did, then I am pretty sure at least 80% of this forum is covered.
Rick Romero +1
Re: MS bails out Apple - how interesting is this!!!
Posted: 20 Jul 2009, 16:19
by maxxis
Did not know this. Thanks for the links Shiv.
Re: MS bails out Apple - how interesting is this!!!
Posted: 20 Jul 2009, 16:38
by Sojourn
maxxis wrote:Did not know this. Thanks for the links Shiv.
Part of the 20%.
Re: MS bails out Apple - how interesting is this!!!
Posted: 20 Jul 2009, 17:18
by D3PART3D
I didn't know either. M$ is even more evil than I first thought.
Re: MS bails out Apple - how interesting is this!!!
Posted: 20 Jul 2009, 17:28
by Sojourn
/sigh
Re: MS bails out Apple - how interesting is this!!!
Posted: 20 Jul 2009, 18:12
by Monty
Sojourn wrote:erm... I did.
And if I in my ignorance did, then I am pretty sure at least 80% of this forum is covered.
Rick Romero +1
I knew it
Re: MS bails out Apple - how interesting is this!!!
Posted: 21 Jul 2009, 00:52
by Hex_Rated
They actually owned something like 10% of Apple at a stage, not sure if they still have a stake
Re: MS bails out Apple - how interesting is this!!!
Posted: 21 Jul 2009, 15:29
by shiv
Hex_Rated wrote:They actually owned something like 10% of Apple at a stage, not sure if they still have a stake
Currently, Microsoft owns about 0.0046% of Apple through a Private Capital Management fund and Apple owns about 0.39% of itself the same way so whether Microsoft ever held any power in the company is questionable at best.
Source:
http://justinhartman.com/2007/11/23/mic ... -in-apple/
What if MS still had a stake? That would be interesting.
Re: MS bails out Apple - how interesting is this!!!
Posted: 21 Jul 2009, 16:24
by Sojourn
How does a 2007 article (on a blog) make this any better ?
The 150,000 shares were convertible by Microsoft after August 5, 2000 into shares of the company’s common stock at a conversion price of $8.25 per share. During 2000, 74,250 shares of preferred stock were converted to 9 million shares and in 2001 the remaining 75,750 preferred shares were converted into 9.2 million of Apple’s common stock. All 18.2 million shares were sold by Microsoft in 2003.
Currently, Microsoft owns about 0.0046% of Apple through a Private Capital Management fund and Apple owns about 0.39% of itself the same way so whether Microsoft ever held any power in the company is questionable at best.
Re: MS bails out Apple - how interesting is this!!!
Posted: 21 Jul 2009, 16:39
by shiv
Why don't you stop complaining?
Re: MS bails out Apple - how interesting is this!!!
Posted: 21 Jul 2009, 16:45
by Sojourn
I thought my quote would actually answer your question.
What if MS still had a stake? That would be interesting.
Fact is they do have a stake, abeit questionable.
Currently, Microsoft owns about 0.0046% of Apple through a Private Capital Management fund and Apple owns about 0.39% of itself the same way so whether Microsoft ever held any power in the company is questionable at best.
Re: MS bails out Apple - how interesting is this!!!
Posted: 21 Jul 2009, 16:56
by shiv
Let me rephrase then: what if MS still had a reasonable stake?
Re: MS bails out Apple - how interesting is this!!!
Posted: 21 Jul 2009, 17:02
by Sojourn
shiv wrote:Let me rephrase then: what if MS still had a reasonable stake?
Well, if you read their motivation behind bailing out Apple initially, it was to serve their own interest during their anti-trust period.
If Apple went under, their argument of a credible existing competitor would have been moot. In that sense it was a symbiotic.
Having a controlling stake in Apple would be counter productive to this symbiosis as the anti-trust monopoly issue would be up again.
Sort of a no-brainer there.
Why am I even having this discussion?
