History of Apple Inc.
Like the founding of the early chip companies and the invention of the microprocessor, the story of Apple is a key part of Silicon Valley folklore. Two whiz kids, Stephen G. Wozniak and Steven P. Jobs, shared an interest in electronics. Wozniak was… Garage start-up Apple Inc.
Wozniak to build his own computer—a dream that was made suddenly feasible with the arrival in of the first commercially successful microcomputerthe Altairwhich came as a kit and used the recently invented microprocessor chip. Encouraged by his friends at the Homebrew Computer Club, a San Francisco Bay area group centred around the Altair, Wozniak quickly came up with a Apple inc for his own microcomputer.
Inwhen the Hewlett-Packard Companywhere Wozniak was an engineering intern, expressed no interest in his design, Wozniak, then 26 years old, together with a former high-school classmate, year-old Steven P.
Jobsmoved production operations to the Jobs family garage—and the Silicon Valley garage start-up company legend was born. Jobs and Wozniak named their company Apple. For working capital, Jobs sold his Volkswagen minibus and Wozniak his programmable calculator.
The first Apple computer. Courtesy of Apple Computer, Inc. Commercial success Though he was a brash business novice whose appearance still bore traces of his hippie past, Jobs understood that in order for the company to grow, it would require Apple inc management and substantial funding.
The company became an instant success, particularly after Wozniak invented a disk controller that allowed the addition of a low-cost floppy disk drive that made information storage and retrieval fast and reliable.
With room to store and manipulate data, the Apple II became the computer of choice for legions of amateur programmers. While VisiCalc opened up the small-business and consumer market for the Apple II, another important early market was primary educational institutions.
Its public offering in December was the biggest sincewhen the Ford Motor Company had gone public. IBM broke with its tradition of using only proprietary hardware components and software and built a machine from readily available components, including the Intel microprocessorand used DOS disk operating system from the Microsoft Corporation.
Soon the new system had its own killer app: Macintosh and the first affordable GUI Apple had its own plan to regain leadership: There they were shown the first functional graphical user interface GUIfeaturing on-screen windows, a pointing device known as a mouseand the use of icons, or pictures, to replace the awkward protocols required by all other computers.
Apple immediately incorporated these ideas into two new computers: Lisa, released inand the lower-cost Macintoshreleased in Critics noted that the Mac, as it came to be known, had insufficient memory and storage and lacked standard amenities such as cursor keys and a colour display.
In the wake of the poor sales performance, Jobs was ousted from the company in September by its chief executive officer CEOJohn Sculley. Wozniak had left Apple in February to become a teacher. Under Sculley, Apple steadily improved the machine. Together these two innovations launched the desktop publishing revolution.
Suddenly, small businesses and print shops could produce professional-looking brochures, pamphlets, and letters without having to resort to expensive lithographic processes. Another innovation was a software database called HyperCard, which Apple included free with every Macintosh starting in Using a technique called hyperlinking, this program, written by Bill Atkinson, was employed by many teachers to organize multimedia elements for classroom presentations—an idea that anticipated the HTML hypertext markup language underpinnings of the World Wide Web.
Consumer sales suffered as the company discouraged game development out of fear that the Mac would not be taken seriously in the business community. Moreover, Microsoftafter an unsuccessful attempt to secure an agreement to market the Mac OS on the Intel processor, introduced Windowsits own graphical operating system.
Meanwhile, as successive versions of Windows were improved and as competition among multiple PC manufacturers led to greater innovation and lower prices, fewer people were willing to pay the premiums that Apple had been able to command owing to its reputation for quality.
In addition to signing a technology agreement with Motorola, Inc.About Apple. The latest press, contact info, jobs, and more. Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals.
About Apple Inc Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services. Discover the innovative world of Apple and shop everything iPhone, iPad, Apple Watch, Mac, and Apple TV, plus explore accessories, entertainment, and expert device support.
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online vetconnexx.com company's hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, the Apple TV .
P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for the trailing 12 month period.