How Steve Jobs saved Apple

In 5:50, why he was ousted, what he learned and what happened when he came back

I'm particularly fond of the latest video out of CNNMoney, and not just because I get a lot of face time in it.

Steve Jobs once said that Apple (aapl) was only a few quarters away from bankruptcy in 1996. Today it's the most valuable tech company on the planet, with more than $76 billion in the bank.

For readers who don't already know the story, this piece briskyly covers the key points: why Jobs had to leave Apple in 1985, what he learned in his years in the desert, and how he reinvented the company when he came back.

You can watch it here, and below the fold.

<!-- more -->
[cnnmoney-video vid=/video/technology/2011/08/24/t_steve_jobs_apple_fall_rise.fortune]

All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions