Steve Jobs dropped out of college to work with friend Steve Wozniak to build computers in his parent garage. In 1976, they founded Apple. Now the company is worth $878.48 billion: this is a history of failures, scandals and because of incredible achievement.
- Steven Paul Jobs was born on February 24, 1955, in the student family of Abdulfattah Jandali and Joanne Schieble. Biological parents gave the child for adoption to the spouses’ Jobs – Paul and Clara.
- In 1972, Jobs graduated from Homestead High School in California’s Cupertino. Wozniak also studied there. After school, he entered the Portland Reed College but dropped out after studying for one semester.
- In 1974, he returned to Cupertino and joined the Atari Corporation, which specialized in developing video games. At this time, Jobs went to India for the reason, as his biographers write, of “spiritual enlightenment”.
- In 1975, Jobs and Wozniak conducted mainly in the computer club Homebrew: people gathered there, enthusiastic about new technologies, professional engineers, and amateurs engaged in self-education. There, Jobs and Wozniak presented their first development – the Apple I and Apple II computers.
- 1976 – the year of the founding of Apple: among the founders’ Jobs, Wozniak and Ronald Wayne, Jobs’s acquaintance at work at Atari. He sold his 10% stake two weeks after the foundation of the corporation.
- In April 1977, Jobs and Wozniak held an official presentation of the Apple II computer – it was a success and became one of the first promising projects in the field of computer technology.
- In the spring of 1978, Jobs’s friend Chris Brenon gave birth to her daughter Lisa. Parents were in a quarrel, and at first, the mother chose to raise her daughter all alone. But Jobs accommodated with her.
- December 12, 1980, Apple Corporation entered the stock exchange. As part of the initial offering, the company was valued at $22 per share. The last trading session on Nasdaq closed with quotations at the level of $378.25 for one paper.
- In 1983, Apple launched a computer with a graphical user interface under the brand “Lisa”. It was a failure.
- In 1984, the company released the first Macintosh. Apple bought the most expensive advertising time during the Super Cup in American football. Mac became the first successful computer with a graphical interface and a mouse. Apple is growing a big business.
- In September 1985, after a series of disputes with Apple CEO John Scully on the distribution of powers Jobs resigned as chairman of the board of directors of the company. In a letter to colleagues, he explained the decision as follows: “I thought about this for a long time and decided that I should live my own life. Obviously, I can do something else. I’m only 30 years old.”
- In 1986, Jobs for $10 million bought the animation studio, George Lucas. The company was named Pixar.
- In March 1991, Jobs married Laurene Powell. They had three children, son Reed (1991) and two daughters, Erin (1995) and Eve (1998).
- In 1995, Pixar released an animated picture “Toy Story”, which collected cash for $360 million and was nominated three times for an Oscar. The company entered the stock exchange.
- In December 1996, Apple agreed to purchase a computer company NeXT and invited Jobs back – to the post of the consultant. NeXT technologies were used for the new Mac operating system. Experts assess the actions of Apple as an attempt to resuscitate the business in the dead end.
- In 1997, Gilbert Amelio resigned from the posts of Chairman of the Board of Directors and Executive Director of Apple. Steve Jobs takes the position of CEO.
- In the same year, Jobs made a sensational announcement: Microsoft Corporation – one of the main competitors of Apple – will invest $150 million in it, and Oracle’s executive director will join the board of directors of the California corporation.
- In May 1998, Apple launched the I series. The first was an iMac computer for $1299. Jobs announces that Apple began to make a profit (before that the company worked for a few years at a loss). Shares jumped by 19%.
- Only in 2000, Jobs gets rid of the console. He officially headed the corporation Apple. At the Macworld conference, he held a presentation of the operating system Mac OS X and promised investors that the company would enter the top ten most profitable businesses in the global Internet industry.
- Since 2001, Apple’s departure from the traditional computer business has begun. Jobs reported a change in needs and presented the iTunes project, a free program for downloading music and managing a playlist. “We were late for this party, so we’ll jump like frogs,” he promised.
- In May 2001, the first specialized Apple stores opened in Virginia and California. Now the corporation has a network of 300 stores all over the world.
- And in October 2001, Jobs introduced a bestseller – a digital iPod player.
- In April 2003, the corporation conducted a presentation of iTunes Music Storе – an online store where you could legally download about 200,000 songs. Apple agreed to develop the project with the world’s leading record companies.
- In October 2003, Jobs found pancreatic cancer. At first, he refused surgical intervention, hoped for a diet.
The disease was kept secret from investors.
- It was not possible to avoid the operation. In August 2004, Jobs told investors about the disease, reassuring that the operation was successful.
In January 2006, Disney bought Pixar for $8.06 billion. Jobs became Disney’s largest shareholder and joined the board of directors.
- In January 2007, Jobs gave a presentation of the iPhone smartphone.
- In 2008, the corporation released the iPhone 3G with new functionality. At the presentation, many drew attention regarding the fact that Jobs strongly passed – lost weight, looked pale. Later, the corporation had to release a special release dedicated to the health of the executive director. Apple claimed that he was not going to leave the company. Investors did not believe, dropping the shares by 12%.
Jobs continued to joke: “The articles on my death allowed a significant exaggeration.”
- In January 2009, Steve Jobs for six months transferred the operational management of the company to his deputy, Tim Cook, citing the fact that health problems were more severe than they seemed. He needed a liver transplant.
- In June, the company announced that the operation was successful and the executive director returned to work.
In September, Jobs personally presented another version of the iPod and told that he was transplanted to the liver of a young man who died in a car crash.
- In January 2010, Apple introduced the iPad tablet. For the debut, quarter was sold 7.3 million gadgets.
- A year later, Jobs again went to the hospital. In a letter to the staff, he wrote: “I love Apple so much. I hope to return as soon as possible.” Operational management of business again went to Tim Cook.
- Investors were unhappy. In February, they demanded more transparency from Apple on the issue of leadership change.
- On March 2, Jobs again in public. He is presenting another version of the iPad. And Disney shareholders vote for the re-election of Jobs to the board of directors.
- On August 24, Steve Jobs resigned as executive director of Apple. Tim Cook replaced it. “I always said that if there comes a day when I can no longer fulfill my duties and meet your expectations, I will immediately report this. Unfortunately, this day has come,” Jobs explained.
- On October 4, Tim Cook presented a new iPhone 4S – for the first time without Jobs.
- On October 5, the corporation reported his death.