General Electric was able to buy Apple in 1996

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Today technology companies are the ones with the highest market value in the market, and considering the purchase of one of these companies could involve a large outlay of money that is within the reach of very few. But not all companies focused on technology are doing things well and we have a clear example with Yahoo, which in recent weeks has intensified rumors of a possible sale of the company to try to get out of the hole it got into. since hiring Marisa Meyer as CEO of the company. 20 years ago, technology companies were taking off and their current value is far from what they currently have. Apple's path to becoming what it is today it has not been roses. Twenty years ago the Cupertino-based company could have been compared by General Electric CEO at the time, Jack Welch for as little as $ 20 billion, but it seems they did not look favorably on that significant investment (important at the time). During that time, Apple was trying to stay afloat before the return of Steve Jobs, a return that marked a turning point for the company to become the giant it is today.

This information comes from the interview that the writer Bob Wright has awarded The New York Post newspaper in relation to the book The Wright Stuff. The relationship between Jack Welch and Bob Wright dates back to 30 years ago, when the former appointed Wright president and CEO of NBC. In one of the parts of the book, he explains why General Electric finally did not take over the company. Apparently Jack Welch did not believe that his company would be capable of running a technology company like that and finally


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  1.   Yael loza said

    Good afternoon.

    "Is their current value very different from what they currently have"?

  2.   E Garrido said

    and finally ... what?

  3.   Negrito said

    … And what ???… well, anyone feels bad for having missed such a good opportunity to obtain a company that at that time cost $ 2.000 million and today is worth more than $ 700,000 million… the most expensive in the world… like this that there are billions of reasons to feel something ... and I read that its value can reach a billion $$$$$$$$$$$$$$$$$$$$$$ ... what do you think?