The era of setting this up as a competition between Apple and Microsoft is over, as far as I'm concerned. Despite heckling from the audience, Jobs explained why the partnership was favorable to Apple: Two major announcements were made during the keynote: the next release of Microsoft Office (Office 98) would be developed for the Macintosh, and Microsoft's Internet Explorer would be the default web browser on Macintosh computers. Jobs announced a partnership with Microsoft with several key agreements which, according to him, would benefit Apple and allow it to recover from the prolonged decline of the early and mid-1990s. In mid-1997, he delivered a keynote address, with a detailed report on the company's status, featuring a satellite appearance by Microsoft CEO Bill Gates. In late 1996, Apple purchased NeXT, and Jobs returned to Apple after an 11-year hiatus following his forced resignation from the company in 1985. It was one of Jobs' last public appearances before his resignation as CEO on August 24 and death on October 5 of that year. OS X Lion and iOS 5 were also announced on the same day. The final Stevenote was delivered on June 6, 2011, when iCloud (Apple's cloud computing service) was announced. Because most Apple product releases were first shown to the public at these keynotes, "Stevenotes" caused substantial swings in Apple's stock price. Stevenote is a colloquial term for keynote speeches given by Steve Jobs, former CEO of Apple, at events such as the Apple Worldwide Developers Conference, Macworld Expo, and Apple Expo. The event was his last Macworld appearance. Steve Jobs introduces MacBook Air during keynote presentation at Macworld 2008.
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