Steve iScrewed Charity Programs

When Jobs returned to Apple after the NeXT acquisition in 1997, he had an agenda. High on his list was cutting funding for all corporate philanthropic programs. This goal was accomplished within only a few short weeks of his return. He reasoned that it was necessary until he could bring the company back to profitability; however, when the company recorded profits of $309 million in 1998, there was no rebuilding of the philanthropic programs seen before the cuts. In fact, under Jobs, it wasn't until 2006 with the arrival of Product Red iPods that another philanthropic program was established. Destination: Hell.