Microsoft owns shares of Apple?

Martin Basil wrote:
 > "Nadeem" <rkcomm.DeleteThis@intnet.mu> wrote in message
 > news:c03h5e$rcm$1@news.intnet.mu...
 >
  >>Hello guys
  >>I am student.
  >>Lastly there was this 'senior' student who came to make a demo on Win2k
  >>Server. During his speech this Mr Know-it-all mentioned that Microsoft
  >>owns a large fraction of Apple.
  >>
  >>Is that true?
  >>Please pardon my ignorance
 >
 >
 > If I recall Microsoft bailed Apple out some years ago but that was because
 > they sell a lot of Office software to Apple users. I suppose they could have
 > got stock then
 >
 > Martin
 >
 >

My understanding is that MS owns no stock (or at least not
a significant amount) in Apple. What they apparently do have
is a seat on the board, as part and parcel of the financial
assistance the gave Apple a few years ago.<!-- ~MESSAGE_AFTER~ -->
 >> Stay informed about: Microsoft owns shares of Apple? 

On Sat, 07 Feb 2004 11:43:25 +0400, Nadeem <rkcomm.RemoveThis@intnet.mu> wrote:
 >Hello guys
 >I am student.
 >Lastly there was this 'senior' student who came to make a demo on Win2k
 >Server. During his speech this Mr Know-it-all mentioned that Microsoft
 >owns a large fraction of Apple.

Microsoft has had an on-again/off-again dealing in Apple stock. I
don't know their current position, but at various times they have
owned some percentage of the company. I don't think it was ever a
"large fraction" though, certainly never a controlling fraction.

It's probably important to remember here that Microsoft is one of the
world's largest producers of Mac software.

-------------
Tony Hill
hilla <underscore> 20 <at> yahoo <dot> ca<!-- ~MESSAGE_AFTER~ -->
 >> Stay informed about: Microsoft owns shares of Apple?