Subscribe to
Posts
Comments
NSLog(); Header Image

How Steve Jobs Got AT&T To Share Revenue

Aggarwal was impressed by the way Jobs was willing to take a risk to realize his vision. "In one meeting in the conference room with Jobs, he was annoyed that AT&T was spending too much time worrying about the risks of the deal. So he said, ‘You know what we should do to stop them from complaining? We should write AT&T a check for $1 billion and if the deal doesn't work out, they can keep the money. Let's give them the $1 billion [Apple had $5 billion in cash at the time] and shut them the hell up,'" Aggarwal recounted.

Source

Trackback URI | Comments RSS

Leave a Reply

Please abide by the comment policy. Valid HTML includes: <blockquote><p>, <em>, <strong>, <ul>, <ol>, and <a href>. Please use the "Quote Me" functionality to quote comments.