What U.S. can learn from Apple
By siliconindia   |   Friday, 05 August 2011, 00:03 IST   |    3 Comments
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Constant innovation and growth required
Unlike the US government, Apple, Google and Whole Foods never allowed the psychology of defeat to overwhelm them. They went through tough times, adapted and never stopped innovating and growing, according to the report. "Apple is the most cash-rich company on the US landscape. But it wasn't always that way. Steve Jobs and Steve Wozniak borrowed money from an Intel executive to start Apple. When Jobs returned to Apple in 1997, the company was losing money. It was psychologically on the ropes. Jobs borrowed $150 million from Bill Gates at Microsoft Corp. and overhauled the company, spending on ideas that worked, killing projects that didn't. You know the rest of the story,'' says the report.

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