Linked by Thom Holwerda on Mon 14th May 2012 18:28 UTC
Apple "I think that Apple could be just as strong and good and be open, but how can you challenge it when a company is making that much money?", Wozniak told a crowd in Sydney, according to ITNews. They'd score so many brownie points the internet would explode.
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Dumb Apple.
by jefro on Tue 15th May 2012 16:40 UTC
jefro
Member since:
2007-04-13

They already burned the companies that for a short time were allowed to create open mac hardware. When they found out that other companies could create devices way less expensive they pulled the rug on them Power Computing. Who'd trust them again?

Reply Score: 2

RE: Dumb Apple.
by steve_s on Wed 16th May 2012 19:44 in reply to "Dumb Apple."
steve_s Member since:
2006-01-16

Ironically, your choice of Power Computing as an example of Apple burning folks is a poor one.

Apple bought key assets of Power Computing for $100m of Apple stock and $10m cash back in September '97, buying back their cloning license in the process. In January 1998 when Power Computing finally shut down, those shares were distributed pro-rata amongst Power Computing's shareholders.

Apple's share price back in September '97 was about $5 per share. Come January '98 they were worth slightly less, but by January '99 they were at about $11, January '00 about $28. (It wasn't all up - you have to go to the end of 2004 to go higher than that.) For those that stuck it out, their shares are now worth 100x what they were.

Reply Parent Score: 2