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To: HEXonX who wrote (7972)	1/8/1998 10:55:00 PM
From: Rutgers	Respond to of 13925

Reason #9 9. Apple Cozies up to Microsoft Following Gil Amelio's resignation as CEO in July, Apple Computer Inc. [AAPL] accepted a $150 million investment from Microsoft as part of an agreement to end litigation between the companies. Apple also agreed to make Internet Explorer the default browser in upcoming Macintosh operating systems. Throughout the year, Apple continued to lose key personnel and tie its future more closely to Microsoft. The company released a cross-platform version of the QuickTime authoring environment that runs on the Mac and Windows 95. The company also stopped licensing upgrades to the Mac OS, putting an end to the Mac clone business. Apple's goals for 1998 are to become profitable and find a new CEO.