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Current Apple Inc. logo, introduced in 1998, discontinued in 2000, and re-established in 2014 [1]. Apple Inc., originally Apple Computer, Inc., is a multinational corporation that creates and markets consumer electronics and attendant computer software, and is a digital distributor of media content.
Apple Computer Company was founded on April 1, 1976, by Steve Jobs, Steve Wozniak, and Ronald Wayne as a partnership. [8] [11] The company's first product is the Apple I, a computer designed and hand-built entirely by Wozniak. [12] To finance its creation, Jobs sold his Volkswagen Bus, and Wozniak sold his HP-65 calculator.
In 1980, Apple went public to instant and significant financial profitability, making Jobs and Wozniak both millionaires. The Apple II's intended successor, the Apple III, released the same year, was a commercial failure and was discontinued in 1984. According to Wozniak, the Apple III "had 100 percent hardware failures", and that the primary ...
Although its products provided 85% of Apple's sales in early 1985, the company's January 1985 annual meeting did not mention the Apple II division or employees. Many left, including Wozniak, who stated that the company had "been going in the wrong direction for the last five years" and sold most of his stock. [ 112 ]
The Apple Computer 1 (Apple-1 [a]), later known predominantly as the Apple I (written with a Roman numeral), [b] is an 8-bit motherboard-only personal computer designed by Steve Wozniak [5] [6] and released by the Apple Computer Company (now Apple Inc.) in 1976.
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Apple Inc., the plaintiffs said that Apple failed to disclose to purchasers its five-year agreement with AT&T when they bought iPhones with a two-year contract and cited the Sherman Act's prohibition of monopolies. [45] The second case was filed in the United States District Court for the Northern District of California.
1999: America Online has over 18 million subscribers and is now the biggest internet provider in the country, with higher-than-expected earnings. It acquires MapQuest for $1.1 billion in December.