apple inc turns 42 today

Apple Inc. turns 42 today, all the way up from the humble beginnings in Steve Jobs’ garage on April 1, 1976.

To celebrate, we dug up some little-known facts about one of the most valuable companies that stands today.

1. Once there were three

We all know that Steve Jobs and Steve Wozniak built Apple Inc (originally Apple Computer). But did you know that Apple Computer had a third founder as well?

Ronald Wayne provided administrative assistance for the fledgling company, but left after just 12 days at Apple Computer. He sold his 10% claim of the company to Jobs and Wozniak for $800 USD. He also later accepted $1500 USD to relinquish his rights to any copyright claims about Apple Computer.

Today, if he would have kept his share, it would have been worth over $75 billion. Although the money would have been nice, Wayne, now 80 years old, says that he has “no regrets”.


2. It will always be 9:41, according to Steve Jobs

This one isn’t so little-known as little-noticed. In all of the iPhone ads that Apple releases, the time is always set on the device to 9:41.

Why? It’s the time that Steve Jobs officially unveiled the first iPhone. If you go to the Apple iPhone website, you can check it out for yourself.

Here’s the unveiling of the first iPhone, for your viewing pleasure. The video really puts into perspective how far the company has come in just 11 years.

3. Apple got lucky with the iPod

In the year 2000, Tony Fadell, who had worked at Phillips and General Magic previously, had a revolutionary idea. He “wanted to deliver a small, hard drive-based player that was linked with a content delivery system where users could legally obtain and download music.”

According to LowEndMac, he originally sent the plans to RealNetworks in 2000, but they declined his proposal, as they already had a successful network of television and radio channels.

Next, he went to his former company Phillips, who likewise rejected his ideas.

Lastly, he went to Apple, in perfect timing. Apple had previously bought the rights to SoundJam MP, and they were looking for the right accessory to go along with their acquisition. Fadell was hired immediately, and was given a team of 30 workers and a year to develop a finished product.

The next year, the first iPod was released.


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4. Apple in the carpentry business?

Apple has been known for keeping their latest devices top-secret. One more layer of security they added to their workplace is a team of carpenters.

The employees know something new is about to be worked on when a team of carpenters comes in, sets up walls and frosted glass around a group of employees, then leaves.

Seeing as Apple is always working on new products, we’re not surprised that they have a full-service carpentry team, ready to build at a moments notice.

Bonus fact: Top Apple employees spread the word about fake products, then assign the “projects” to random employees. If the project leaks to the press before “release”, the managers know who did it and will fire them. Apple really takes top-security to a whole new level.

5. The Apple Pippin

apple pippin

Apple Computer designed a console that was marketed as the Pipp!n. It was based on MacOS and the Mac architecture.

Jobs and Wozniak licensed the rights for Pipp!n to Bandai Company Ltd. and Katz Media in an effort to gain steam with the product.

It turns out, the Pipp!n was a complete flop, and throughout its availability from 1996-1997, it only sold 42,000 units at a steep price of $599 USD.

6. The Apple logo, flipped around

apple logo upside down

The iconic Apple logo with a bite taken out of it can be seen on about 7% of all computers world-wide, according to a Gartner report from Q3 2017.

But how would everyone know you had a “real” Apple product if the Apple logo was upside down? It turns out (no pun intended) that the Apple logo was originally upside down, at least from other’s views.

The purpose of this was to allow the user to know which side of the computer to open. However the gimmick didn’t last long, and Apple quickly rotated the logo 180 degrees.

7. Microsoft invested $150 million to bail Apple out

After Steve Jobs tried and failed to organize a coup to kick out CEO John Sculley in 1985, he went to start his own company, NeXT.

Without Jobs was the toughest time in Apple Inc’s history. The company went from the Pipp!n to clothing lines and more, without success. Apple bought NeXT in return for Jobs coming back to work for them in 1997. However this wasn’t before Microsoft invested $150 million in Apple, and in return got 150,000 shares of the company.

By 2003, Microsoft had sold all of those shares, but if they would have kept them until now, they would have been worth over $25 billion. It’s not as if Microsoft needs it though.

 

Overall, Apple has had enormous success since its inception, and will only continue to grow further as the years go on. What is your favorite fact about Apple? Let us know in the comments below!

 

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