This ability to focus saved Apple.
In his first year back, Jobs laid off more than three thousand people, which salvaged the company's balance sheet.
For the fiscal year that ended when Jobs became interim CEO in September 1997, Apple lost $1.04 billion.
"We were less than ninety days from being insolvent," he recalled.
At the January 1998 San Francisco Macworld, Jobs took the stage where Amelio had bombed a year earlier.
He sported a full beard and a leather jacket as he touted the new product strategy.
And for the first time he ended the presentation with a phrase that he would make his signature coda: "Oh, and one more thing..."
This time the "one more thing" was "Think Profit."
When he said those words, the crowd erupted in applause.
After two years of staggering losses, Apple had enjoyed a profitable quarter, making $45 million.
For the full fiscal year of 1998, it would turn in a $309 million profit.
Jobs was back, and so was Apple.