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Apple floundered for the next decade or so, its market share dwindling to single digits. Jobs resigned himself to swimming in smaller and smaller ponds, founding NeXT, which made an elegant jet-black computer for the university market, but not much money, and buying Pixar, which eventually produced such computer-animated film masterpieces as Toy Story and A Bug's Life. In 1995, just after Toy Story's release, Jobs took Pixar public in an exquisitely timed IPO that made him, for the first time, a billionaire...

Author: /time Magazine | Title: Steve Jobs: Apple's Anti-Gates | 12/7/1998 | See Source »

...jet age had begun, and the transformation was dramatic. The 707 flew almost twice as fast, at 605 m.p.h., as the propeller-driven Stratocruiser it had replaced. The 707 carried about twice as many people. And for the first time, it flew mostly "over" the weather: typically at 32,000 ft., much higher than the Stratocruiser, a civilian version of the B-29 bomber. But those were not the numbers that intrigued Trippe. While he brilliantly exploited the glamour of his first jet-set passengers--celebrities and VIPs--he was calculating the new jet-age math of what we call...

Author: /time Magazine | Title: JUAN TRIPPE: Pilot Of The Jet Age | 12/7/1998 | See Source »

...first 707s were flying with five-abreast seating, two on one side of the aisle, three on the other. Trippe switched to six abreast and cut fares, and the Pan Am jet clippers made flying "the pond" far more accessible. By 1965 the company was predicting that 35 million people would be flying international routes and that there would be a 200% increase...

Author: /time Magazine | Title: JUAN TRIPPE: Pilot Of The Jet Age | 12/7/1998 | See Source »

...relentless Trippe had the big idea: he reasoned that mass air travel could come to the international routes only with a larger airplane--a much larger airplane. Trippe put the notion to his old friend Bill Allen, the boss of Boeing, saying he wanted a jet 2 1/2 times the size of the 707. It was a staggering request given the development cost of the 707. And Trippe didn't stop with size. Pam Am was operating the 707 with a seat-mile cost, at best, of 6.6[cents]. Trippe set for Boeing the goal of reducing that...

Author: /time Magazine | Title: JUAN TRIPPE: Pilot Of The Jet Age | 12/7/1998 | See Source »

...Leonid showers are alike, however. As Donald Yeomans, an astronomer at the Jet Propulsion Laboratory, notes, "Most of the particles are following closely behind the parent comet. That's where the gathering is thickest, and it's only when the comet is in Earth's neighborhood that we get intense showers or storms...

Author: /time Magazine | Title: Meteor Alert | 11/16/1998 | See Source »

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