It was Ocober 6th 1997 that CEO Gil Amelio was asked to leave. Many people wanted Steve Jobs to come back, however it was a concern that it wouldn’t be the right move at this time. Michael Dell went on record saying that Apple should shut it’s operation down.
Today, even with the stock issue last week, Apple’s market cap is greater than Dell and even Google. Of course we have some great products out of the turnaround and eventual comeback of Jobs. All from a company that could have dissolved back in 1997
Hear about this and a bunch of cool stuff on Part I of This Week in Tech History.