A quick note on the excellent article in Macworld on the clone era:
“The third strike came on September 2, when Apple announced the purchase of Power Computing for $100 million in Apple stock. “
At the time, Apple stock was worth around $5 per share, giving Power’s owners roughly two million shares of the company. Factoring in the 2005 stock split, that would now be worth roughly $7.2 billion if they’d held on to it.
Someone, probably Olivetti (which bankrolled Power) got a good deal there. I wonder if they knew it at the time?