Today in Apple history: After a horrible quarter, Gil Amelio gets the boot


July 6, 1997: Following a massive quarterly loss for Apple, board member Edgar S. Woolard Jr. calls CEO Gil Amelio and informs him that he needs to step down. “You’ve done a lot to help the company, but the sales haven’t rebounded,” Woolard says. Steve Jobs denies being responsible for Amelio’s ouster. However, the move […]

(via Cult of Mac - Tech and culture through an Apple lens)

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