Today is the 45th anniversary of Apple, co-founder of Steve Jobs, Steve Wozniak and Ronald Wayne on April 1, 1976. Wayne sold his 10% stake in the company back to Jobs and Wozniak just 12 days later to avoid financial risk, which is unfortunate in hindsight given that his stake would be worth more than $ 200 billion today.
Apple’s story began in the garage of Jobs’ childhood home in Los Altos, California, where he worked with Wozniak to test the first Apple I computer systems in 1975. Jobs then reached a sales deal with a small computer store called Byte Shop nearby. Mountain View, California, which began selling Apple I in July 1976 for $ 666.66. Wozniak later said he chose that award because he liked to repeat numbers.
From almost bankruptcy in the late 1990s to becoming the world’s most valuable public company in the 2010s, Apple has been through a series of ups and downs over the past four and a half decades. The company has introduced several iconic products over that time, most notably Macintosh in 1984, iPod in 2001 and iPhone in 2007, with Jobs known for his main charismatic presentations.
Apple CEO Tim Cook reflected on the company’s 45th anniversary today on Twitter, shared a quote from Jobs and thanked employees.
As Apple celebrates 45 years today, I am reminded of Steve’s words from many years ago: “It has been a wonderful journey so far, but we have barely begun.” Thank you to every member of the Apple family for all you have done to enrich your life. Here are the next 45 years and beyond! – Tim Cook (@tim_cook) April 1, 2021
Apple recently cut its most financially successful year ever with a record revenue of $ 111 billion in the fourth quarter of 2020. The company is now valued at over $ 2 trillion, and it is expected that the future will include greater pressure on areas such as AR / VR and artificial intelligence as technology continues to evolve off-screen.