The stock Microsoft bought was non-voting and at a bargain basement price. No doubt they sold it a few years later for a considerable profit (Apple's share price went from around $12 in 1996 to $140 before the IT bubble burst in 2000).
At the time Jobs came back to Apple, there was no public decision on a new OS, Apple was futzing around with Pink and Taligent. When the time came to make a decision, there was a choice of NeXT or BeOS, luckily (perhaps predictably) NeXT was chosen.
I think that had Jobs stayed at Apple in the 80's, Mac OS would have been UNIX based in 1990, instead we got Mac OS 7 (which was still miles ahead of Microsoft's equivalent - MS-DOS 6 + Windows 3.1). Gates saw the future too and introduced Windows NT in 1993, but the lesser Windows was such a cash cow that it was kept as Windows95/98.
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