Spark [Barbara_Sheen]_Steve_Jobs_(People_in_the_News)(Bo | Page 67

Success from Failure Unfortunately, Jobs’s businesses were not going as well as his per- sonal life. Pixar and NeXT were losing a combined $60 million a year. In order to turn things around, Jobs made dramatic changes in both companies. He closed the hardware and sales division of NeXT, turning the business into a software company intent on developing a computer operating system able to compete with Microsoft’s newly released Windows, which it did. The Disney/Pixar collaboration Toy Story was a huge hit and made Jobs a billionaire overnight. 66 Steve Jobs