On April 1, 1976, Apple Computer Company was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne. The three entrepreneurs, all in their early 20s at the time, had a vision to create user-friendly personal computers that would revolutionize the industry.
The company was initially operated out of Jobs' garage in Cupertino, California. Wozniak, a skilled engineer, designed the company's first product, the Apple I, which was essentially a motherboard with a processor, RAM, and basic textual-video chips. Jobs, with his keen eye for marketing and design, recognized the potential of Wozniak's creation and convinced him to start a company to sell the computer.
Ronald Wayne, who had worked with Jobs at Atari, served as the venture's "adult supervision" and drew the first Apple logo. However, he sold his 10% stake in the company just 12 days later for $800, a decision he would later regret, as his shares would have been worth billions today.
The Apple I was sold as a motherboard for $666.66, a price chosen by Wozniak for its repeating digits. Approximately 200 units were produced, and the product laid the foundation for the company's future success.
From these humble beginnings, Apple would go on to become one of the most valuable and influential companies in the world, revolutionizing personal computing, mobile devices, and digital entertainment. The company's success is a testament to the vision, creativity, and determination of its founders, who started their journey on this day in 1976.
This content was created in partnership and with the help of Artificial Intelligence AI
