Apple

In the archive

• Nokia Sold Its Phone Business for €5.44 Billion and Kept Going€5.44B→$7.6BSold for → Microsoft's write-down

  A Finnish pulp mill became a maker of boots, tires and cables, then the world's biggest phone company. In 2013 it sold the phones to Microsoft. In 2015 Microsoft wrote off more than it had paid.

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  Apple in 1997: About 90 Days From Running Out of Cash-$1.04B→$416BLoss, 1997 → Revenue, 2025

  In 1997 Apple lost $1.04 billion and, by Steve Jobs's account, was about 90 days from running out of money. Its rescue included $150 million from its oldest rival.

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  The Apple Cofounder Who Sold His 10% for $800$800→$416BPaid for 10% → Apple revenue, 2025

  On April 1, 1976, Ronald Wayne owned 10% of a new partnership called Apple Computer. Eleven days later he signed out of it for $800. In fiscal 2025 Apple had revenue of $416 billion.

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  How Acorn and Apple Created Arm in a Turkey Barn$1.5M→$54.5BApple's stake cost → Value at 2023 IPO

  Arm built a chip empire without making chips. It started in 1990 with twelve engineers from a struggling computer maker and a converted barn near Cambridge. Its designs are now inside most of the world's phones.

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  Gorilla Glass Waited 40 Years for the iPhone1971→$2.5BShelved in → Apple commitment

  In the 1960s Corning invented a glass so tough it could survive a car crash, then shelved it because nobody would buy it. In 2007 Steve Jobs needed a screen that wouldn't scratch, and the old formula came back out of the drawer.