Apple Collaborates with Microsoft

  1. When Steve Jobs returned to Apple in 1997, the company was in big trouble with falling sales and strong competition.
  2. Jobs made a surprising deal with Microsoft, where Microsoft invested $150 million in Apple and agreed to support Microsoft Office for Mac.
  3. Apple also agreed to use Internet Explorer as the main web browser on its computers, and both companies stopped suing each other.
  4. This partnership helped Apple become stable again and gave it time to create new products like the iMac and iPhone.
  5. Jobs said that Apple could win without Microsoft losing, showing his practical approach to saving the company.