According to an Austin American-Statesman article citing Apple's latest public SEC filing, PowerComputing was losing mon

1997–98December 15, 1997Macs Only!Apple business
According to an Austin American-Statesman article citing Apple's latest public SEC filing, PowerComputing was losing money during the final two quarters of Mac OS licensing negotiations and CEO Steven Kahng began negotiating to sell Power to Apple much earlier than press reports indicated. Kahng initially asked $125 million plus paying off $25 million of Power's debt.

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