9,082
edits
Changes
→Apple Acquired NEXT, Jobs Returned to Apple
===Apple Acquired NEXT, Jobs Returned to Apple===
===Apple Acquired NEXT, Jobs Returned to Apple===
In 1996, then Apple CEO Gil Amelio negotiated the acquisition of Next Computer and the NEXT STEP Operating System with Jobs. The plan was to use NEXT STEP the new operating system for a new Mac computer. On January, 7, 1997, Apple and NEXT officially merged. By March of 1997, majority of Apples' top executives left after the company experienced the worst quarter sales loss of $700 million. By July, Amelio resigned as CEO of the company. Jobs was named interim CEO and regained full control of the company he co-founded. In 1998, Apple introduced its new slogan, "Think Different" and the iMAC which became the best selling computer. The success of the iMAC made Jobs the permanent CEO of Apple.<ref>[http://lowendmac.com/orchard/05/next-acquisition.html NeXT, OpenStep, and the Triumphant Return of Steve Jobs]</ref>
In 1996, then Apple CEO Gil Amelio negotiated the acquisition of Next Computer and the NEXT STEP Operating System with Jobs. The plan was to use NEXT STEP the new operating system for a new Mac computer. On January, 7, 1997, Apple and NEXT officially merged. By March of 1997, majority of Apples' top executives left after the company experienced the worst quarter sales loss of $700 million. By July, Amelio resigned as CEO of the company. Jobs was named interim CEO and regained full control of the company he co-founded. In 1998, Apple introduced its new slogan, "Think Different" and the iMAC which became the best selling computer. The success of the iMAC made Jobs the permanent CEO of Apple.<ref>[http://lowendmac.com/orchard/05/next-acquisition.html NeXT, OpenStep, and the Triumphant Return of Steve Jobs]</ref>
===Apple's Recovery===
==Market Failures==
==Market Failures==