Apple sets record for company value at $621B (Becomes Most Valuable Company in History)

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Office began as a Mac program


The reason MS loaned Apple the dough was what was essentially blackmail by Jobs: MS had stolen code from Quicktime, basically verbatim whole sections, and Jobs told Gates in so many words that Apple would not sue if Gates would loan Apple some money at a favorable interest rate. Gates had a track record of stealing code, copying programs, then releasing them as free, to put competitors out of business and increase MS's stranglehold on the market. Gates saw that Apple was floundering and thought he could steal QT and make it MS's own. Gates always let the companies he stole from sue MS, then use MS's money to protract litigation until the companies ran out of money. Not so with Apple and the looming monopoly investigation of MS. Gates did not account for Job's business savvy and clout.