jan 2, 1997 - Apples Downfall
Apple is in financial trouble, with its stock reaching a 12-year low in the second quarter. Over the Independence Day weekend, and on the heels of the company losing over $700 million, Jobs convinces Apple's Board of Directors to oust Amelio as CEO. Amelio resigns less than one week later. Steve Jobs is now appointed as interim CEO and focuses on simplifying Apple's product lineup and giving importance to talents.
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