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Apple is 40 today

Friday, 1 April, 2016

Apple was established on 1 April 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne to sell the Apple I personal computer kit, which was designed and hand-built by Wozniak. The company was incorporated on 3 January 1977 without Wayne, who decided to sell his 10 percent share back to Jobs and Wozniak for $800. Note: A 10 percent share of Apple Inc. would be worth $60 billion today. Two other numbers: Apple has 110,000 employees, but they’re dwarfed by the 300,000 developers supplying its App Store.

“Was Steve Jobs smart? No, not exceptionally. Instead, he was a genius. His imaginative leaps were instinctive, unexpected, and at times magical… History will place him in the pantheon right next to Edison and Ford. More than anyone else of his time, he made products that were completely innovative, combining the power of poetry and processors. With a ferocity that could make working with him as unsettling as it was inspiring, he also built the world’s most creative company. And he was able to infuse into its DNA the design sensibilities, perfectionism, and imagination that make it likely to be, even decades from now, the company that thrives best at the intersection of artistry and technology.” — Walter Isaacson, Steve Jobs


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