Today marks 45 years since Apple was founded
Today marks 45 years since the founding of Apple. On April 1, 1976, Steve Jobs, Steve Wozniak, and Ronald Wayne founded one of the most famous companies today.
Interestingly, on April 13, 1976, 12 days after the company was incorporated, Wayne sold his 10% stake to Jobs and Wozniak for only $ 2,300. Given Apple’s current value, its stake would be worth more than $ 200 billion today. The history of the “apple” company began in the garage of Jobs’ home in Los Altos, California. There he worked with Wozniak to build and test the first Apple I computers. Jobs then agreed to sell these devices with Byte Shop in Mountain View. The first devices were sold in July 1976 for $ 666.66.
Apple has experienced several ups and downs throughout its history. The company’s modern history began in the late 1990s when the previously dismissed Jobs returned to the CEO’s post. It was he who made Apple what we know it now. Jobs’ return to the company was marked by the termination of the release of several unsuccessful or simply faceless products and the launch of the legendary iMac G3, which became the progenitor of the company’s modern all-in-ones.
Apple’s iconic products include the Macintosh personal computer, introduced in 1984, the iPod, which was released in 2001, and of course, the iPhone, launched in 2007, revolutionized the mobile phone market.
2020 was Apple’s most successful fiscal year. The company completed it with a record $ 111 billion in revenue in the fourth quarter. Apple is now valued at over $ 2 trillion. Analysts expect this figure to reach $ 3 trillion soon. Also, Apple is expected to announce its first mixed reality headset in the coming months, introducing itself into a new product category.