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Apple Is Worth $1 Trillion; 21 Years Ago It Was on the Brink of Bankruptcy

Apple Worth

SAN FRANCISCO — In 1997, Apple was on the ropes. The Silicon Valley pioneer was being decimated by Microsoft and its many partners in the personal-computer market. It had just cut a third of its work force, and it was about 90 days from going broke, Apple’s late co-founder, Steve Jobs, …

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