Didn't Microsoft buy a huge stake in Apple a few years back? How come you never hear anything about that?

I was sure a few years ago that Microsoft bought a huge stake in Apple a few years ago when Apple was about to go under. Microsoft kept them afloat (I think) so that Microsoft to continue to make the argument in court that they were not the only computing option available, and hence, not a monopoly. (This is back when all of those anti-trust suits against them were going on). Does Microsoft STILL own a huge piece of Apple? How come you never hear anything about it?

Didn't Microsoft buy a huge stake in Apple a few years back? How come you never hear anything about that?
YES -- in 1997 Microsoft bought $150 million of non-voting Apple stock. http://contracts.corporate.findlaw.com/a...
Reply:I don't have the actual figures in front of me, but I'm fairly certain that Microsoft didn't keep Apple afloat. That would have required a substantial purchase of the available float. Not to mention the fact that the collapse of a companies stock doesn't necessarily mean that the company will collapse. I use United Airlines as an example.





Most likely they bought the stock when it was low, and benefited from Apple's later success.

hooks