Re: Anyone remember this?
GT was greedy - they promised Apple they could make the silicon ingots in quantity, despite only having ever sold the furnaces and having no production experience except in very small scale for internal testing/validation purposes.
If they had told Apple "we can supply you the furnaces, but you will need to hire the expertise to mass produce on the scale you want" then they would have been fine if they delivered the furnaces even if Apple or whoever they hired to manufacture the ingots and cut the screens wasn't able to hold up their end.
But had they done that Apple might have said "no thanks" and their execs wouldn't have been able to cash in big time when their stock price went through the roof. They probably knew they couldn't do it, but didn't care because they knew they'd make millions before it blew up in their face.
Biting the hand that feeds IT
