In a reversal, Apple decides it will keep its Newton unit
Article Abstract:
Apple has reversed plans for spinning off its Newton division, deciding instead to develop the Emate 300 portable computer for retail sales. The previous Apple strategy consisted of selling the Emate 300, presently sold only to schools, through a licensing deal with an autonomous Newton. Apple officials declined to comment on the latest significant shift since Steven P. Jobs assumed the unofficial CEO duties in Aug 1997. Newton drew criticism after its 1993 introduction, when the hand-held computer had difficulty in handwriting recognition. The $700 Emate was introduced by Apple earlier in 1997 with a full keyboard and handwriting capabilities on a black-and-white display. Apple has indicated the possibility of adding color displays and widening the market for Emate.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1997
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Oracle chief will not act to buy Apple; but reversal leaves future options open
Article Abstract:
Oracle's chairman and CEO Larry Ellison has announced that he has decided not to purchase Apple. A number of analysts have questioned whether Mr. Ellison was ever serious in his intentions to acquire the struggling computer company. Others claim Mr. Ellison did not execute a cohesive hostile takeover strategy, as a number of employees may have decided to leave should a hostile takeover transpire. Mr. Ellison had originally said he wanted to acquire Apple and place his friend, Steven Jobs, Apple's co-founder, on the board. Later Mr. Ellison said he was considering making himself CEO of the company. Some individuals, including most Apple executives, believe Mr. Ellison was playing with the media and was never serious about acquiring Apple.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1997
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