On This Date in 1997, Microsoft Invested in Apple
On August 6 , 1997 , Steve Jobs harbinger that Microsoft made a major investment funds in Apple . Microsoft bought $ 150 million in non - voting Apple stock , promised to keep that stock for three years , and promised to support Microsoft Office on the Mac for at least five class . In exchange , Apple cut down its lawsuit over Windows ripping off its user interface and made Internet Explorer the default option web browser app on the Mac ....