[Ti] Re: Titanium Digest, Vol 13, Issue 13

[Shawn King]

On 9/22/05 1:39 PM, "Chris Olson" <chris.olson at astcomm.net> wrote:

> On Sep 22, 2005, at 1:29 PM, Jay Snoke wrote:
> 
>> uhm, doesn't M$ still own a piece of Apple?  Might there be an
>> agreement in place as a function of M$'s large investment to bail
>> Apple out several years back that prevents Apple from being in
>> DIRECT competition with M$?
> 
> Another old wive's tale.

Yup.

> Microsoft did not "bail" Apple out of anything.

Well, the $150 mil didn't hurt. :)

>  They signed an agreement to provide Office productivity
> software for the Macintosh platform in addition to purchasing $150
> million in stock,

And even that was non-voting stock.
 
> The agreement lasted for five years and expired in 2003.

And MS has long since sold that stock and made a nice profit on it.
-- 
Shawn King
Host/Executive Producer
Your Mac Life
http://www.yourmaclife.com