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Steve Jobs once told Oracle founder Larry Ellison to not buy Apple
India🏛️ PoliticsCenter5 hr. ago

Steve Jobs once told Oracle founder Larry Ellison to not buy Apple

Oracle founder Larry Ellison recounted a story during his 2016 University of Southern California commencement speech about his failed attempt to purchase Apple in the 1990s. At the time, Apple was valued at around $5 billion, and Ellison had arranged financing to acquire the company. However, Steve Jobs, who had left Apple after a power struggle, refused to sell the company. Instead, Jobs proposed that Apple acquire NeXT Computer, allowing him to return to the company without financial gain. Jobs emphasized leading Apple from the 'moral high ground,' rejecting the idea of a financial transaction. Ellison noted that Jobs' decision ultimately led to Apple's resurgence as one of the world's most valuable companies.

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Times of India logoTimes of IndiaIndependentCenter5 hr. ago
Steve Jobs once told Oracle founder Larry Ellison to not buy Apple

Oracle founder Larry Ellison recounted a story during his 2016 University of Southern California commencement speech about his failed attempt to purchase Apple in the 1990s. At the time, Apple was valued at around $5 billion, and Ellison had arranged financing to acquire the company. However, Steve Jobs, who had left Apple after a power struggle, refused to sell the company. Instead, Jobs proposed that Apple acquire NeXT Computer, allowing him to return to the company without financial gain. Jobs emphasized leading Apple from the 'moral high ground,' rejecting the idea of a financial transaction. Ellison noted that Jobs' decision ultimately led to Apple's resurgence as one of the world's most valuable companies.

Bias read (Center): The article presents a historical account of a business decision without overt ideological slant. It focuses on the strategic choices made by two prominent entrepreneurs, emphasizing their motivations and outcomes without taking a clear partisan stance. The framing remains neutral, focusing on the '

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