How Microsoft Saved Apple (And Why They Did It)

How Microsoft Saved Apple (And Why They Did It)

How Microsoft Saved Apple

Apple: hands down the most successful American company.

Between the ubiquity of their devices and the almost fanatical loyalty of their customers, it should come as no surprise that Apple recently became the first trillion-dollar company listed on the American stock market. And yet, just twenty years ago Apple was on the verge of bankruptcy and it wasn’t Steve Jobs that saved them, but rather their greatest rival at the time, Microsoft.

The Apple of 1997 was a very different company.

It wasn’t selling smartphones, they weren’t even invented yet, but what they were selling was computers. Back then Apple was a computer company and that was even reflected in their name, but by all accounts it was a company in decline. Apple’s computers were simply too expensive to be massively popular. They did have good margins, but their market share was abysmal.

You see, Apple refused to license its operating system to other companies, which had no choice but to go to the only other player in town, Microsoft. Now, keep in mind back in the 1990s the vast majority of computers were used for commercial purposes. Their main value was the software they had, and if your computer didn’t have the necessary programs developed for it, well then it was effectively useless for big companies.

In 1997 Microsoft had a staggering 90% market share, and unsurprisingly almost all the software that was being developed at the time was made for Windows. Every software developer had to make a choice: he could spend only as much money as necessary to create programs for Windows, or throw almost twice as much to also support Apple, which had less than 10% market share. It’s also worth noting that throughout this period Steve Jobs wasn’t even part of the company: the Apple board of directors had forced him out in 1985. But in 1997 the situation was truly desperate: sales were declining rapidly and after a series of unsuccessful CEOs, the Apple board actually brought Steve back.

In February they acquired next, the company Steve had started after leaving Apple. But by that point Apple’s finances were in such bad shape that Steve Jobs didn’t actually receive cash for this purchase; instead he received Apple shares, specifically 1.5 million of them.

But even that wasn’t enough. By the end of July Apple had less than 90 days’ worth of cash left in the bank. Apple was worth less than $3 billion and had lost over a billion in a single year. But then, on the 6th of August 1997, Steve Jobs made an announcement that shocked the world.

I'd like to announce one of our first partnerships today, a very very meaningful one, and that is one with Microsoft. You probably noticed that the crowd’s response was hesitant: they just could not comprehend how Apple could possibly partner with their biggest competitor, who was driving them out of business. As the announcement progressed, things got worse. Next, we have taken a look at browsers out there and Apple has decided ... Apple has decided to make Internet Explorer its default browser on the Macintosh.

Since we believe in choice. The speech was sounding like a surrender statement. And lastly, Microsoft is making an investment in Apple. Microsoft is buying $150 million worth of Apple stock at market price.

It is non-voting shares. Notice the keyword here: non-voting. Microsoft wasn’t trying to acquire Apple, instead it was just funding it. But it wasn’t just cash that Bill Gates was offering. The second part of this is Microsoft is committing to release Microsoft Office on Macintosh for the next five years. The issue with software I mentioned earlier that was basically bringing Apple down, was being solved by Bill Gates single-handedly.

No one would ever purchase an Apple computer without Microsoft Office on it and here is Bill Gates giving it away for shares at market price, which he could have just purchased off of the market.

So why did Bill Gates do it? Why save Apple on the eve of what would’ve been their death at the hands of Microsoft?

Well, as you probably guessed, Bill Gates wasn’t doing this out of the kindness of his heart.

In fact, back then Bill Gates had a rather negative reputation. He wasn’t really into philanthropy yet; instead, he was seen as a cutthroat businessman willing to do anything to succeed in his industry. And by all accounts Microsoft was successful; so successful in fact, that it was attracting the attention of antitrust regulators.

The Department of Justice had been preparing its case against Microsoft since 1993, and obviously Bill didn’t want his company broken up, so what better way to show that Microsoft isn’t a monopoly than by literally propping up his competition. Less than a year after the Apple partnership, the DOJ summoned Bill Gates for a painstaking three-day-long deposition.

By the way, you can tell a lot about someone based on how they act during these things. Did you ever have any discussions with any representative of Real Networks concerning what products Real Networks should or should not offer or distribute?

No.

Notice how long he takes before giving an answer, carefully considering how his responses could be used against him. A program designed to assist in the performance of a specific task, such as word processing, accounting or inventory management.

I’d say it’s a pretty vague definition.

Is it accurate as far as it goes?

I’d say it’s vague but accurate.

Throughout the deposition he’d attack definitions and remain as vague as possible because he knew that by saving Apple a year earlier he had really saved Microsoft. The DOJ, of course, eventually gave up and in 2001 cleared Microsoft with minimal punishments. And as to what happened with the Apple shares Microsoft had, well, Bill Gates got rid of them as soon as they had served their purpose. Once the Department of Justice had settled with Microsoft, Bill Gates converted his preferential, non-voting Apple shares into regular stock.

In total he ended up with 18.2 million shares of Apple, which he sold in 2003. Now, keep in mind this was after the dot-com bubble had crashed and in 2003 Apple’s stock price was still extremely low compared to its pre-bubble heights.

So just how much money did Bill Gates miss out on?

Well, Apple has been performing so well since 2003 that its stock has split twice in that time, once at a 2:1 ratio in 2005 and a second time at a 7:1 ratio in 2014. Thus the 18.2 million shares then would be 254 million today. As of August 2018 Apple’s stock price is roughly $210 a piece, which would make Microsoft’s former stake be worth $53.5 billion today.

So yeah, Bill Gates might have missed out on a few billion dollars.

Anyway, thanks for watching.

Make sure to like, leave a comment, check out my Patreon and I think that’s it.

Microsoft Saved Apple

Continue Reading

Botlan - KIAT & Rokitbeats ft. PAV

Continue Reading

Kamal Raja- THE DAM [OFFICIAL MUSIC VIDEO 2018] Lyrics

Kamal Raja- THE DAM

Kamal Raja- THE DAM [OFFICIAL MUSIC VIDEO 2018] Lyrics

I’m charged up, transformer,
Sada plan sadi game haigi stronger,
Das kedi gallon bane Al Capone,
Teriyan puraniya ne chain’a ve tu kaun aa?

Wait! What?
You not the best naah!
Gas down tere to mein jawa faster
Denda gasolina panga tu lawi na,
Kyun ghar baithe karda ve dream,
Come-come see me in the dam boy

Tere lallu-fallu mere fan boy,
Teri gaddi-shaddi haigi rental,
I’m so fresh call me menthol -x2.

Careful, tera ho jana ve murder,
Sada eh naa yeah you heard of,
Jithe vi jawa we turn up, turn up,

Careful, tera ho jana ve murder,
Kamal Raja yeah you heard of,
Jithe vi jawa we turn up, we turn up.

Versace asi paayi hoyi ae, oh yeah,
Louis vuittion paayi hoi ae, oh yeah,
Gucci di shirt payi hoi ae, oh yeah,
Ve agg asi laayi hoyi ae, ph yeah.

Rolls royce laike ghumda main daily,
Ek meri duji tere layi aa baby,
Fake I got something to say, yeah,

If you come in my way,
Body shape like a coca-cola bottle,
A good girl, no bollywood model,
Kehndi I know you from .Hawana tu hai trouble,
Trouble, trouble
Lak nu ghuma thoda wobble,wobble
Mainu vikhda ae double double
Girl make it go round round round,

Round round round -x3.

Sometimes you play Montana,
Kade tu daarhi rakhe ban da Maulana,
Hastag illusion
Ainna fake like Fata Morgana,

Jo vi gaana kaddan I know you check it,
Matter of fact meri album hegi ready,
You better sit boy, don’t play the big boy,
We run the town ghar bethe kar chill boy,

Cause I’m lyrically specialized,
They wanna sign me cause they know I’m qualified,
Main keha main hborn and raised with the desi chai,
From the east but I’m living in the west side.

Ni main keha lak lachka tu girl,
Ainve pange tu bazaara ‘ch na pa tu girl,
You the hottest ve main khaanda kasam,
Kithe challi ae,

I wann get to know you girl.
Versace asi paayi hoyi ae, oh yeah,
Louis vuittion paayi hoi ae, oh yeah,
Gucci di shirt payi hoi ae, oh yeah,

Ve agg asi laayi hoyi ae, ph yeah.
Careful, tera ho jana ve murder,
Sada eh naa yeah you heard of,
Jithe vi jawa we turn up, turn up.
Kamal Raja- THE DAM [OFFICIAL MUSIC VIDEO 2018] Lyrics

Continue Reading

10 Things You Didn't Know About Germany

10 Things You Didn't Know About Germany

10 Things You Didn't Know About Germany

Germany has certainly been in the news in recent years. From the bundling politics of Angela Merkel to the famed beer festival in Munich, known as the Oktoberfest, Germany has repeatedly been in the spotlight, and, far and away, the country most requested

So now, by popular demand, we bring you the top 10 things you didn't know about Germany.

Germany is the largest economy in Europe. It has the fourth largest nominal GDP in the world. It might seem exaggerated to say, but everything that has to do with the European Union and Euro is highly dependent on Germany.

In fact, without Germany's economic participation and continued support the Eurozone would be a thing of the past. Germany's support has allowed for the continual participation of substantially weaker economies, such as Spain, Italy, and Greece, and has kept their economies afloat in the midst of horrible debt and economic mismanagement. So theoretically, if Germany cut the purse strings, it could send all of southern Europe into a downward spiral, but that's probably not going to happen. And here is why.

Germany is a country haunted by its past and the possibility of being portrayed in a negative light is something that Germans just can't afford. You see, if Germany left the EU and cut off southern Europe, you can only imagine the names it would be called, and that's putting it mildly. Because of this, Germany will be stuck between a rock and a hard place for a long time to come.

Unfortunately, it hasn't been all beer and glory as Germany has a pretty checkered past. If you've never been to Germany before, you probably have never heard of the stolperstein, or literally a stumbling stone.

Conceived in the eary 1990s, by the German artist Gunter Demnig, the stolperstein is a tile, usually made of bronze, commemorating the victims of the National Socialist regime in Germany. Their names and place of residence are etched into the tile, as is the approximate date of death and sometimes time of deportation to the concentration camps of the Nazis. By now, stolpersteine have spread across Europe to countries outside of Germany, marking the popularity of the idea behind them.

According to the Cambridge historian Joseph Pearson, it is not the information on the tiles that gives passer-bys pause, but the lack thereof. "It is not what is written on them which intrigues, "because the inscription is insufficient "to conjure a person. It is the emptiness, void, lack of information, "the maw of the forgotten, "which gives the monuments their power "lifts them from the banality of a statistic."

As a part of Germany's unfortunate past there're some things you literally just cannot say in Germany. That is, if you don't want to go to jail, called Volksverhetzung in German, or incitement to hatred, saying certain things about certain groups of people, or denying the Holocaust and the legacy of National Socialism can actually land you in jail. Some of the statute reads as follows:

"Whosoever publicly or in a meeting approves of,

"denies or downplays an act committed

"under the rule of National Socialism

"in manner capable of disturbing the public peace

"shall be liable to imprisonment

"not exceeding five years or a fine."

Such legal measures have been debated back and forth on their merits by freedom of speech scholars for several decades now. But the German government seems intent on upholding the measures for the foreseeable future.

From dark pumpernickel to light rye to everything inbetween in over 300 types of bread, Germany has more bread variety than any other country in the world. Bread forms a major part of just about every German meal and with over 300 types it's not hard to see why. In fact, one German word for dinner, Abendbrot, literally means evening bread and indicates the importance of one's daily bread in Germany.

Another popular sort of bread, rarely seen outside of Germany, is the Broetchen, which literally means little bread. Which, in fact, is lesser type of bread, there is a particular size and shape of bread.

6

Broetchen are typically small and can be held in one hand, as opposed to full loaves of bread,

and are possibly the most popular type of food in Germany. While most people think of beer when they think of Germany, they're really missing out on all that bread.

Unlike the United States where piss water, otherwise known as Coors Light and Budweiser, counts as beer, Germany is rightly regarded as the fatherland of beer. Going as far back as Roman times, when Germanic tribes were cited by Roman historians for their beer brewing skills, the tradition has continued throughout the Middle Ages to the present, giving us a tremendous variety of trully unique beer.

As a testament to German dedication to a pure and tasteful beer, in the Middle Ages there was legislation introduced called the Reinheitsgebot, 

 or purity decree, proclaiming that only the purest of ingredients, namely water, barley and hops, could go into beer.

Today, there're dozens and dozens of beers in Germany, many of them regional, such as the Cologne-based Koelsch, which is actually illegal to brew outside of the Cologne region. But rest assured, every type of German beer bears the stamp of umparalleled German quality.

Germany was the birthplace of one of the greatest and most long-standing religious and political onflictsin the world.

Martin Luther, theologian and religious radical, infamously posted his 95 Theses on the Power and Efficacy of Indulgences on the door of a church in Wittenberg, as a critique of the Catholic Church's corruption, and shortly thereafter Europe exploded in conflict.

This action on the part of Martin Luther is widely regarded as the beginning of the splintering and fracturing of Christianity in Europe as protestantism was born.

This led to centuries of political and religious conflict accompanied by mass bloodshed and loss of human life in such conflicts as the Thirty Years' War, which is widely regarded as one of the most destructive conflicts in European history, and the infamous St. Bartholomew's Day massacre in France where Catholics engaged in mass murder of thousands of French protestant calvinists, known as Huguenots. Without the German theologian Martin Luther modern Europe as we know it today and indeed Christianity would be very, very different.

You may not know it, but Germany is a comparatively young country. Prior to the 19th century and throughout the Middle Ages much of what was modern Germany had simply been known as the Holy Roman Empire. But in the 19th century, under the visionary authority of the Prussian statesmen Otto von Bismarck, the modern concept of the nation-state of Germany was born.

Germany is often referred to as the Bundesrepublik, and this is because modern Germany is composed of 16 federal states, which all differ from each other often in subtle ways. They are: Buden- uerttemberg, Bavaria, Hesse, Saarland, Rhineland-Palatinate, Thuringia, North Rhine-Westphalia, Lower Saxony, Hamburg, Bremen, Saxony-Anhalt, Saxony, Brandenburg, Berlin, Mecklenburg-Vorpommern, and finally, Schleswig-Holstein.

The modern German consolation of 16 federated states is relatively new in German history. But each one retains a fiercely independent character dating back to before the time of German unification. For example, the state of Bavaria refers to itself as Freistaat Bayern, which means the free state of Bavaria.

The Bundeslander, as they are called in German, all have different customs, histories, foods, and even cultures, often going back many centuries, giving them each a unique flavour despite falling under the banner of greater Germany.

Just as modern Germany evolved from many separate states that were fused together under the iron fist of Otto von Bismarck, so too is modern standard German, called Hochdeutsch in German, an album of many different elements fused into one. The dialects of Germany are even older than the regions they seem to come from, harking back to the earliest Germanic tribes, mentioned by the Romans.

From that period onwards the Germanic tribesmen settled in many different places and their languages evolved on their own. Fast forward to the present and you have a country with literally hundreds of different dialects, some of which are so different from each other so as to be considered different languages. For example, the High German word for squirrel is Eichhoernchenschwanz, but in Bavarian it's Orchkatezlschworf. Even if you don't know German, you can certainly hear the difference. A Bavarian speaking his native dialect to a person from Hamburg will not be understood at all. So to communicate across the many states and indeed countries, such as Switzerland and Austria, German speak High German, a standardized German with a fixed grammar and set of rules, albeit each with their own regional accents.

For some four decades Germany was a divided land. There was West Germany and East Germany, also known as the DDR, or Deutsche Demokratische Republik. A legacy of the Cold War that ensued after World War II, it all ended when East Germany was united as one country with the West after the fall of the Berlin Wall on November, 9th, 1989.

There were great hopes at the time with many people long separated from each other reconnected, but many of these hopes have been dashed in the ensuing decades. Close to three decades after the fall of the wall, eastern Germany still lags behind its western counterpart economically by as much as one third.

Greater unemployment and fewer life opportunities have also given rise to a comparatively disproportionate number of so-called anti-establishment groups, such as neo-Nazis, fascists, and the far-right, compared to western Germany.

It's sad to admit, but it just might be the case that eastern Germany may never catch up with western Germany, something that, given Germany's troubled history, might bring with it potentially dire political and social consequences not just for Germany, but for the world at large. For more top lists like this, be sure to leave a like and subscribe, if you haven't already. And don't forget to check out our other videos. And we'll see you all next time.

Make sure to follow us on Reddit, Twitter and Facebook, and as always: stay smart.

Continue Reading

kalesh Millind Gaba Mika Singh

kalesh Millind Gaba Mika Singh Lyrics

Kalesh Lyrics

Oh tujhe maine dil mein basaya
Na ab replace karunga
Chhodengi agar
Tere ghar pe main aake Kalesh karunga
Chhodengi agar
Tere ghar pe main aake Kalesh karunga
Delhi wali court mein le jaaunga
Main gande wala case karunga
Delhi wali court mein le jaaunga
Main gande wala case karunga
Re…

Door tha main pyar se
Choriyon ke waar se
Re door tha main pyar se
Choriyon ke waar se
Qatal huaa main teri akhiyon ki dhaar se
Bhai akhiyon ki dhaar se
Mere saath mein rahegi toh
Har situation ko face karunga
Re…
Oye sune ke?
Chhodengi agar
Tere ghar pe main aake Kalesh karunga
Chhodengi agar
Tere ghar pe main aake Kalesh karunga
Delhi wali court mein le jaaunga
Main gande wala case karunga
Delhi wali court mein le jaaunga
Main gande wala case karunga
MIKA SINGH!
Re maan ja ri chori na kar badmaasi
Apni hai market mein ijjat achi khaasi
Superstar chora mera jaise Ranveer se
Tu bhi chori badhiya laage jaise deepika si
Tere siva iski zubaan pe koi naam na
Soche tere baare mein yo
kaam pe koi dhyan na
Ghar waale saare paresaan
Iski aashiqui se saath phere lele
Par le tu iski jaan na
Chitta gora raakhe taur aa
State no. 1 baby jiska main chora
Jo bhi maange cheez main hatheli pe dhar dunga
Ghumne ko gaadi tanne ghumne ko ghar dyunga
Desi logon ki demand hai jo maane
Ve naam chale peese ki tarah Haryana mein
Jiske tu sunti hai gaane Angreji
Usey rap karwa dun desi aane wale gaane mein
Loyal rahunga main Love You kahunga
Loyal rahunga main Love You kahunga
Kisi ke bhi pyaar mein na main bahunga
Sachi na main bahunga…
Kabhi kisi bhi type ki
Koi bhi demand na pess karunga
Ho…
Chhodengi agar
Tere ghar pe main aake Kalesh karunga
Chhodengi agar
Tere ghar pe main aake Kalesh karunga
Delhi wali court mein le jaaunga
Main gande wala case karunga
Delhi wali court mein le jaaunga
Main gande wala case karunga, Re!

Music MG!

Continue Reading