Apple almost went broke – now it's celebrating 50 years

Apple is now one of the most valuable companies in the world — a market capitalisation of more than $3.5 trillion — but a core part of Apple's history is the time it almost went broke.

As the company marks its 50th anniversary, Apple's senior vice president of worldwide marketing, Greg Joswiak, spoke exclusively to 9News to reflect on 50 years - including the mid-1990s when the future of the business was far from certain.

"You just have to imagine that this was a company that was really struggling if we were going to make payroll," Joswiak said, reflecting on the years before Steve Jobs returned to Apple.

Read more- https://www.9news.com.au/technology/apple-almost-went-broke--now-its-celebrating-50-years/0a597f3d-d703-45c4-9a75-44602dec6a8e