There is no more fascinating success story in the world of tech than that of Apple Inc. What started as a small project in the garage of Steve Jobs’ parents has turned into the first publicly-traded company worth $1 trillion. So how did Apple’s journey to becoming the world’s most valuable company look like?
The story starts on April 1, 1976, when Steve Jobs and Steve Wozniak founded Apple Computers, Inc. and launched their first-ever product, Apple I. Hand-built by Steve Wozniak, Apple I was priced at $666.66 and sold like hot cakes in less than a year within its launch.
Following the success of Apple I, Jobs and Wozniak decided to release its successor in June 1977. Apple II was an 8-bit home computer aimed at average American households, rather than tech-savvy businessmen and computer enthusiasts.
On December 12, 1980, Apple became a public company by offering 4.6 million of its shares at $22 per share. This move made not only Jobs and Wozniak but also around 40 of Apple’s employees, instant millionaires.
The first half of the 1980s was marked by the release of two iconic Apple products, Lisa and Macintosh. Apple Lisa, released in January 1983, made history by being one of the first personal computers of its kind to include a graphical user interface (GUI). Macintosh, on the other hand, is best remembered for the futuristic commercial “1984” that famously aired during Super Bowl XVIII.
This was just the beginning of Apple’s journey to $1 trillion, so if you want to learn more, check out the infographic below by The Watchstrap.co.