InvestorsHub Logo
icon url

unixguy

01/10/05 10:38 PM

#64584 RE: buffetguy #64582

Actually Apple was profitable in less than 3 years.
1976
• Steve Wozniak works for Hewlett-Packard
• Steve Jobs works for Atari.
• Apple Computer incorporated on April 1.
• Apple I introduced for $666.66.
• Shugart introduces 5.25" floppy.
• BYTE magazine begins.
• Micro-soft is one year old.

1977
• Apple moves out of Steve Jobs' garage.
• Apple II introduced with 4 KB RAM in April for $1,298.
• Apple logo designed.
• TRS-80 introduced by Tandy.
• Commodore PET introduced.
• CP/M marketed by Digital Research.

1978
• Apple moves into new corporate headquarters.
• Apple introduces 5.25" floppy drive.
• Apple licenses BASIC from Microsoft.
• Microsoft SoftCard lets Apple II use CP/M.
• Intel releases 16-bit 8086 CPU.

1979
• Apple II Plus introduced with 48 KB RAM for $1,195.
• Apple targets education market
• VisiCalc spreadsheet makes personal computer (especially Apple II) a business tool.

1980

• Apple III introduced in September at $3,495.
• Apple goes public with 4.6 million shares, largest offering since Ford Motor in 1956.
• Apple has over 1,000 employees.