
Gil Amelio's 500 Days at Apple 42
Sabah Arif writes "Apple Computer was teetering on the edge of bankruptcy on January 31, 1996, when Gil Amelio succeeded Michael Spindler as CEO. The first thing he did was turn down an acquisition offer from Sun Microsystems, then he moved to secure Apple's short term financial future by having a huge bond sale. As he restructured the company (and cut 3,000 jobs), Amelio realized that the Copland project would never finish, and decided to buy NeXT Software, paving the way for Steve Jobs' triumphant return in 1997. Read the whole story of Amelio's 500 days with Apple."