Steve Jobs: Apple Was 90 Days From Going Bankrupt
Apple CEO Steve Jobs has just walked on stage at the All Things D conference and within a few moments revealed what many thought but weren’t sure of…
Exactly how bad a state was Apple ten years ago when Jobs took over?
In Jobs’ own words:
“We were 90 days from going bankrupt.”
From that to surpassing Microsoft as the world’s largest technology company in phenomenal by any standard.
In response to the landmark, Jobs says:
“It’s sort of surreal. It’s a little surreal.”
I’m sure. Especially considering Apple might only be around due to a $150M investment by MSFT in 1997… well what can you say.
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