{"id":13441,"date":"2015-01-12T23:17:19","date_gmt":"2015-01-12T23:17:19","guid":{"rendered":"http:\/\/www.techiteens.com\/review\/apple-posts-major-loss-2\/"},"modified":"2015-01-12T23:17:19","modified_gmt":"2015-01-12T23:17:19","slug":"apple-posts-major-loss-2","status":"publish","type":"post","link":"https:\/\/www.techiteens.com\/review\/apple-posts-major-loss-2\/","title":{"rendered":"Apple Posts Major Loss"},"content":{"rendered":"<div id=\"post-351\">\n<div class=\"format_text entry-content\">\n<div class=\"bottomcontainerBox c7\">\n<div class=\"c6\"><a href=\"http:\/\/redirect.viglink.com?key=11fe087258b6fc0532a5ccfc924805c0&#038;u=http%3A%2F%2Fpinterest.com%2Fpin%2Fcreate%2Fbutton%2F%3Furl%3Dhttp%253A%252F%252Fthisdayintechhistory.com%252F01%252F12%252Fapple-posts-major-loss%252F%26amp%3Bmedia%3Dhttp%253A%252F%252Fthisdayintechhistory.com%252Fwp-content%252Fuploads%252F2011%252F01%252Fspindler.jpeg\" data-pin-do=\"buttonPin\" data-pin-config=\"beside\" rel=\"lightbox[351]\"><img decoding=\"async\" src=\"http:\/\/www.techiteens.com\/review\/wp-content\/uploads\/2015\/01\/f1176__pinit_fg_en_rect_gray_20.png\" \/><\/a> <\/div>\n<\/div>\n<p><a href=\"http:\/\/redirect.viglink.com?key=11fe087258b6fc0532a5ccfc924805c0&#038;u=http%3A%2F%2Fthisdayintechhistory.com%2F2011%2F01%2F12%2Fapple-posts-major-loss%2Fspindler%2F\" rel=\"attachment wp-att-352\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-352\" title=\"Michael Spindler\" alt=\"\" src=\"http:\/\/www.techiteens.com\/review\/wp-content\/uploads\/2015\/01\/f1176__spindler.jpeg\" width=\"237\" height=\"213\" \/><\/a>January 12, 1996<\/p>\n<p>Apple Computer <a href=\"http:\/\/redirect.viglink.com?key=11fe087258b6fc0532a5ccfc924805c0&#038;u=http%3A%2F%2Farticles.chicagotribune.com%2F1996-01-12%2Fbusiness%2F9601120060_1_chief-executive-michael-spindler-apple-officials-analysts-and-investors\" target=\"_blank\">announces that it will post a US$  68 million first quarter loss<\/a>. It also announces a restructuring plan to reduce the company by a thousand employees. This event leads to the resignation of Apple CEO <a href=\"http:\/\/redirect.viglink.com?key=11fe087258b6fc0532a5ccfc924805c0&#038;u=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FMichael_Spindler\" target=\"_blank\">Michael Spindler<\/a>, who is replaced by Gil Amelio. Gil Amelio eventually purchases Steve Jobs\u2019 company, NeXT, which leads to the development of Mac OS X as well as the return of Steve Jobs as Apple CEO.<\/p>\n<div class=\"bottomcontainerBox c7\">\n<div class=\"c6\"><a href=\"http:\/\/redirect.viglink.com?key=11fe087258b6fc0532a5ccfc924805c0&#038;u=http%3A%2F%2Fpinterest.com%2Fpin%2Fcreate%2Fbutton%2F%3Furl%3Dhttp%253A%252F%252Fthisdayintechhistory.com%252F01%252F12%252Fapple-posts-major-loss%252F%26amp%3Bmedia%3Dhttp%253A%252F%252Fthisdayintechhistory.com%252Fwp-content%252Fuploads%252F2011%252F01%252Fspindler.jpeg\" data-pin-do=\"buttonPin\" data-pin-config=\"beside\" rel=\"lightbox[351]\"><img decoding=\"async\" src=\"http:\/\/www.techiteens.com\/review\/wp-content\/uploads\/2015\/01\/f1176__pinit_fg_en_rect_gray_20.png\" \/><\/a> <\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<p>Previous post: <a href=\"http:\/\/redirect.viglink.com?key=11fe087258b6fc0532a5ccfc924805c0&#038;u=http%3A%2F%2Fthisdayintechhistory.com%2F01%2F12%2Fboeing-747-flies-for-first-time%2F\" rel=\"prev\">Boeing 747 Flies for First Time<\/a><\/p>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.techiteens.com\/review\/wp-content\/uploads\/2015\/01\/f1176__p-89EKCgBk8MZdE.gif\" border=\"0\" height=\"1\" width=\"1\" \/><br \/>\n<a rel=\"nofollow\" href=\"http:\/\/thisdayintechhistory.com\/01\/12\/apple-posts-major-loss\/\">This Day in Tech History<\/a><\/p>\n<p>Tech History provided by This Day in Tech History.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>January 12, 1996 Apple Computer announces that it will post a US$ 68 million first quarter loss. It also announces a restructuring plan to reduce the company by a thousand employees. This event leads to the resignation of Apple CEO Michael Spindler, who is replaced by Gil Amelio. Gil Amelio eventually purchases Steve Jobs\u2019 company, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kadence_starter_templates_imported_post":false,"footnotes":""},"categories":[194],"tags":[62,1836,3044,1939],"class_list":["post-13441","post","type-post","status-publish","format-standard","hentry","category-today-in-tech","tag-apple-2","tag-loss","tag-major","tag-posts"],"_links":{"self":[{"href":"https:\/\/www.techiteens.com\/review\/wp-json\/wp\/v2\/posts\/13441"}],"collection":[{"href":"https:\/\/www.techiteens.com\/review\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.techiteens.com\/review\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.techiteens.com\/review\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.techiteens.com\/review\/wp-json\/wp\/v2\/comments?post=13441"}],"version-history":[{"count":0,"href":"https:\/\/www.techiteens.com\/review\/wp-json\/wp\/v2\/posts\/13441\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.techiteens.com\/review\/wp-json\/wp\/v2\/media?parent=13441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.techiteens.com\/review\/wp-json\/wp\/v2\/categories?post=13441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.techiteens.com\/review\/wp-json\/wp\/v2\/tags?post=13441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}