General Electric nearly bought Apple in 1996

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Suppliers can't wait for iPhone 7.
The iPhone could've been made by GE.
Photo: Jim Merithew/Cult of Mac

Apple Inc. and General Electric are two of the most iconic American companies of the last century, but back in 1996 they almost become one company as GE CEO Jack Welch considered buying the computer maker.

It would have only cost GE $2 billion and the current Apple CEO, Michael Spindler, was begging Welch to pull the trigger on the deal in order to save the struggling company.

HP’s webOS Debacle More Terrible Than Apple’s ‘Worst Days’ Says Former Exec

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Photo by desmorider - http://flic.kr/p/7KY6dt
Photo by desmorider - http://flic.kr/p/7KY6dt

How did HP get into such a mess with webOS? Essentially, the company shot itself in the foot as a parade of managers streamed through the corporate suites in a nightmare scenario reminding one of the worst days of Apple. Ousted HP CEO Leo Apotheker must take the blame, a former webOS head said.