John Sculley has given one beast of an interview to Cult of Mac, and it’s all about Steve Jobs. It’s a follow-up of a sort to the candid words Sculley gave The Daily Beast in June, where he talked about how he wished things had worked out differently between him and Steve. In this new interview Sculley takes it all a step
(and several thousand words) further, talking about the genius of Steve Jobs with obvious admiration.
Sculley says that after Steve was ousted he basically attempted to run the company within the template for design and innovation that Steve had set down, and that Steve merely returned the company to his own original model when he came back in 1997.
One particularly interesting story is of the Newton, which Sculley says actually saved the company from going bankrupt. Apple owned a 47 percent stake in the fledgling company that build the ARM processor for the first Newton, and when finances got tough Apple got $800 million out of selling its stake — which easily offset the $100 million Apple “burned” on building the Newton.