Steve Jobs teamed up with Steve Wozniak to create the first Apple PC blueprint in 1976. Steve was astute enough to realize that Wozniak’s obsession with computers could be effectively transformed to a lucrative venture.
The duo got going in the garage of Jobs’ parents’ home in Los Altos, California. They first assembled 50 Apple I computers for a local trader. It took them about a month to make all the components. They were paid $500 for their first order. Over the years, both the tech wizards upgraded the technology, developed new products, and stayed with innovative thinking. They made Apple Inc. the largest tech company worldwide as a result of their hard work.
Today Apple Inc. is a multinational tech firm with its headquarters in Cupertino, California. They operate 511 retail stores worldwide. Apple designs, manufactures, and promotes premium quality computer software, consumer electronics, and online services. The tech behemoth’s annual global revenues were $260.17 billion in 2019, making it the world’s most valuable company.
Apple became the first publicly-listed company in the US, with a valuation exceeding $1 trillion in August 2018 because of their position. As of August 2020, Apple was valued at $2 trillion, the first US-based multinational to attain that mark. Though Steve Jobs passed away, his vision continues to inspire.