what steve jobs sold to get seed money for apple computer
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What Did Steve Jobs Sell to Raise The Seed Money To Start Apple Computers? Owner Investments. To buy supplies to create the first products for sale, Wozniak sold his HP 65 Calculator for $500 and Jobs sold his VW bus for $750. With that working capital, a design for the product and a plan to sell units for $50 each, they expected to clear $700 after costs.
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Apple I Apple Computer 1, also known retroactively as the Apple I, or Apple-1, was released by the Apple Computer Company (now Apple Inc. ) in 1976. They were designed and hand-built by Steve Wozniak. Wozniak's friend Steve Jobs had the idea of selling the computer.he Apple I was Apple 's first product, and to finance its creation, Jobs sold his only means of transportation, a VW Microbus, and Wozniak sold his HP-65 calculator for $500. It was demonstrated in July 1976 at the Homebrew Computer Club in Palo Alto, California.
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- NeXT Software was sold to Apple Computer in February 1997. Mr. Jobs is currently the interim chairman and CEO of Apple Computers for a salary of $1 per year. Steve still lives with his wife and three children near where he grew up in the apricot orchards which later became known as Silicon Valley.
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Steve Jobs: the five Apple products 'that changed the world' But coupled with Apple's hugely-successful iPod - launched just two years earlier - Steve Jobs proved it was a market worth exploring. The product was an immediate success selling one million songs in its first week and by December it had sold 25 million songs. In 2010 iTune song downloads hit 10 billion.
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Steve Jobs In 1986, Jobs funded the spinout of The Graphics Group (later renamed Pixar) from Lucasfilm 's computer graphics division for the price of $10 million, $5 million of which was given to the company as capital and $5 million of which was paid to Lucasfilm for technology rights.
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Future of Steve Jobs' $6.7 Billion Wealth Likely to Remain as Private As He Was The bulk of his wealth came from his 7.4 percent stake in The Walt Disney Co. -- 138 million shares -- worth $4.4 billion. Jobs acquired Pixar in 1986 and Disney bought the computer animation studio in 2006, placing Jobs on Disney's board of directors.
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Inside the $16.7bn fortune of Steve Jobs' widow - including her two private jets, her $138million yacht and $12.7bn Disney share Scroll down for video. Laurene Powell Jobs (pictured with Steve Jobs in 2010) married the tech mogul in 1991 - ten years before the release of the first iPod - and now manages a $16.7bn fortune. Her fortune comes mainly from the Walt Disney Company shares she inherited from her husband, according to Business Insider.
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- It was taken to the high court in London and Steve jobs liked the name Apple as well as The Beatles. It was settled and Steve Jobs paid 26.5 million dollars to the Beatles company. It did not stop there he had further brushes with The Beatles company about iTunes.
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Biography: Steve Jobs Steve Jobs teamed together with Steve Wozniak to invent one of the first ready-made personal home computer. Steve Jobs was also a smart business who became a multimillionaire before the age of thirty. In 1984, Steve Jobs founded NeXT computers. In 1986, he bought the computer graphics division of Lucasfilm Ltd and started Pixar Animation Studios.
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Flashback to Appleâs 1980 IPO Flashback to Apple’s 1980 IPO. When Steve Jobs took Apple public in 1980, his company lagged behind Tandy Corp. in sales of personal computers, and Massachusetts regulators deemed the IPO “too risky” for state residents. We know how this story ends.
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History of Apple Inc. Apple purchased Steve Jobs' company, NeXT on December 10, 1996, and its NeXTstep operating system. This would not only bring Steve Jobs back to Apple's management, but NeXT technology would become the foundation of the Mac OS X operating system.
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How Much Would Steve Jobs Be Worth Today? At a $400 share price today, Steve Jobs would have been worth about $31.6 billion before his death if he held all of his initial shares versus an estimated $2.2 billion in Apple stock (at $400 with 5.426 million shares of Apple). Of course, we all know that didn’t happen.
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Think your iPad is expensive? First Apple computer ever made sells for Â£398,000 (and it STILL works perfectly) 'Steve Wozniak designed the Apple 1 computer, the first fully assembled computer kit, in 1976 and Steve Jobs took on the task of selling it. 'In Jobs' parents garage the pair built 200 Apple machines and sold 50 to a computer shop called Byte.
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Steve Jobs and the Apple Story Steve Jobs was a month shy of his 22nd birthday and would be a millionaire by his 23rd. The Roller Coaster Begins. By 1978, Apple was making $2 million in profits solely on the strength of the Apple II. The Apple II wasn't state of the art, but it did allow computer enthusiasts to create and sell their own programs.
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How John Sculley Remembers Steve Jobs and What He Thinks About Apple Today Sculley poses next to three Macintosh computers during a press briefing concerning Apple's System 7 operating software upgrade in Cupertino, Calif., on May 12, 1991. How John Sculley Remembers Steve Jobs and What He Thinks About Apple Today.
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Steve Wozniak, Appleâs co-founder, reveals that Apple did not start in garage Steve Jobs’ childhood home, located at 2066 Crist Drive in Los Altos, Calif., was added to the city’s list of historic properties in 2013. The story of Apple starting in a garage—which inspired a film—is not 100 percent true. The giant tech company did not really start in a garage. Steve Wozniak, co-founder of Apple, debunked the myth behind Apple's origin story in an interview with Bloomberg TV. The garage is a bit of a myth, it's overblown, Wozniak said. The garage represents us better than anything else, but we did no designs there.
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Garage Where Steve Jobs Started Apple Designated as Historic Site The garage where he started Apple with Steve Wozniak has been named as a historic site. Located in Silicon Valley, the modest house at 2066 Crist Dr. in Los Altos, Calif., was the place where Jobs and Wozniak, along with others, churned out the very first Apple computers (see below).
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- Second Version: In a QA posted on CNET Wozniak was asked why him and Steve Jobs decided to sell the Apple 1 for $666.66 his response was “I was into repeating digits, and then we came up - Steve worked a deal to sell his computers wholesale price to the store for $500 bucks. what should the retail be? add a third on.
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- Steve Jobs turned crisis into opportunity. The iPod was really little more than a computer hard drive with a simple round control and a set of white earbuds. People could store hundreds of songs on it -- and buy them for 99 cents each from the iTunes online store.
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Short Biography of Steve Jobs Steve Jobs took interest, and he quickly understood that his friend's brilliant invention could be sold to software hobbyists, who wanted to write software without the hassle of assembling a computer kit. Jobs convinced Wozniak to start a company for that purpose: Apple Computer was born on April 1, 1976.
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Here's everything Laurene Powell Jobs inherited from the late Steve Jobs, including a superyacht and a colossal stake in Disney Powell Jobs also inherited a stake in Apple, which Jobs cofounded 40 years ago, that's worth $560 million today. Why wasn't the Apple stake worth more? When Jobs was ousted from the company in 1985, he sold almost all of his 11% share — which would be worth more than $65 billion today.
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- Apple Computer was founded in Los Altos, California on April 1, 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne.They sold the Apple I personal computer kit at $666.66.pple Computer was founded in Los Altos, California on April 1, 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne.
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- To raise the money they needed to get the Apple II off the ground, Steve Jobs and Steve Wozniak brought in investors who wound up controlling a majority of Apple's board seats. Steve Jobs was brilliant, but in the early 1980s Apple's board felt — not unreasonably — he was too young and temperamental to run Apple.
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Apple Inc. Apple Computer Inc. was established on April 1, 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, to sell the Apple I personal computer kits hand-built by Wozniak He had first shown them to the public at the Homebrew Computer Club. The Apple I was sold as a motherboard (with CPU, RAM, and basic textual-video chips.
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Apple Inc. Apple was established on April 1, 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne to sell the Apple I personal computer kit. The Apple I kits were computers single handedly designed and hand-built by Wozniak and first shown to the public at the Homebrew Computer Club. The Apple I was sold as a motherboard (with CPU, RAM, and basic textual-video chips), which was less than what is now considered a complete personal computer.
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Steve Jobs Apple I. The Apple I was the result of the development efforts of Steve Wozniak, Steve Jobs, and Ron Wayne. It was developed, not in a garage, but in the bedroom of Steve Wozniak's home on 11161 Crist Drive in Los Altos (the house number was later changed to 2066). Steve Wozniak built the printed circuit-board, while Ron Wayne wrote the Apple-1 Operation Manual at his home. Steve Jobs did what he does best, advertising the Apple I to friends and family.