Apple Computers, Inc (now Apple Inc) was established in 1976 by founders Steve Jobs, Steve Wozniak, and Ronald Wayne in Los Altos, California. Before even releasing its first product that same year, Ronald Wayne left Apple and sold his company share for $800.
Computers are relatively large back then, and the founders’ purpose is to bring computers to consumers at a lighter weight.
Apple I is the first personal computer designed and built by one of the founders, Steve Wozniak, in 1976. Two hundred units of Apple I are sold to local computer shops for a price of $666.66. Consumers coveted Apple I because Wozniak has it readily assembled w/ a circuit board of 60+ chips. Apple I competitors come in kits at that time.
In 1977, Wozniak built Apple II, a plastic case, keyboard, and a spreadsheet program essential for businesses and personal use. It is an improved Apple I using a MOS 6502 chip and comes w/ a 4 KB ram.
Apple III was established in 1980 but was recalled due to system failures like heating issues and durability.
Wozniak then left Apple in 1983, and Jobs hired John Sculley to act as the president. Due to clashes and controversies, Jobs then left Apple to start his own company, NeXT Software. Jobs has left a few plans in the company that still helped its profit from 1980 to 1990.
After the company faced a subside in its market, Jobs was asked to go back, returning in 1997. Apple also bought Jobs’ company, and the board of directors chose him to stand as one of the CEOs.
Fast forward, Apple’s reputation was restored, and it has produced products like iBook, iPod, laptops, computers, smartphones, and smart TVs. Apple is the first trillion-dollar company in the history of the United States.
You might like: