• Steve Jobs left Apple to start a new computer company. His $12 million failure saved Apple

    11 days ago - By Business Insider

    Steve Jobs left Apple in 1985 and then used $12 million of his own money to start a new computer company called NeXT .
    The operating system for NeXT computers was called NeXTSTEP. It was built on top of UNIX, an operating system that dates back to the 1960s.
    When NeXT failed to take-off, Apple bought it for $429 million. That same year, Steve Jobs returned to Apple.
    NeXTSTEP was used as the foundation for Mac OS X , which millions still use today.
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    Following is a transcript of the video. Narrator: In 1985, Steve Jobs walked out of the...
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