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In a couple of years, Jobs had raised over $250 million, mostlry on his word alone. On November 22, 1995, Toy Story was released to acclaim; by then Jobs had invested $60 million in Pixar. In its first release, Toy Story grossed $360 million worldwide. In 19996 Apple shipped 3.7 million computers, for a 5.2 percent market share; in 1997 it was 2.6 million units for a 3.2 percent share. On August 6, 1997, Apple and Microsoft announced that Microsoft would invest $150 million for a minority stake in Apple.
In 1985 he quit Apple and sold all but one share of his Apple stock, losing about $500 million by selling shares when the stock was low but still leaving with about $250 million. In 1986 Jobs founded NeXt in Redwood City, California, investing $15 million of his own money to start the company.
Apple shares dropped to about $25 for 2001. In 1980 shares opened at $22 but rose to $29, making Apple's value $1.2 billion. Jobs was the company's leading shareholder, with 15 percent of the stock. His shares were soon worth $239 million. In 1982 Apple for the first time grossed $1 billion.
In March 2000 Apple shares peaked at $75 each. Apple grossed $7.98 billion and netted $786 million for fiscal 2000. In 2001 the iPod was pricey at $399 and a risk, but Apple had a cash reseve of $4.1 billion to fall back on, up from $280 million at the time Jobs had returned to the company. Even so, Apple shares dropped to about $25 for 2001.
percent market share; in 1997 it was 2.6 million units for a 3.2 percent share. On August 6, 1997, Apple and Microsoft announced that Microsoft would invest $150 million for a minority stake in Apple.
