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Apple Inc. was founded as Apple Computer Company on April 1, 1976, to produce and market Steve Wozniak's Apple I personal computer. The company was incorporated by Wozniak and Steve Jobs in 1977. Apple became the first publicly traded U.S. company to be valued at over $1 trillion in August 2018, $2 trillion in August 2020, and at $3 trillion in ...
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In 1976, Steve Jobs and Steve Wozniak co-founded Apple in Jobs's parents' home on Crist Drive in Los Altos, California. [8] Wozniak called the popular belief that the company was founded in the garage "a bit of a myth", [9] although they moved some operations to the garage when the bedroom became too crowded. [10]
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 ...
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