Becoming the world’s first $1 trillion company in August 2018 was yet another major milestone for Apple, a company founded in Steve Jobs’ garage back in April 1976. So what did Apple’s four-decade journey to $1 trillion looks like?
The company’s first product was the Apple-I, a computer designed and hand-built by Steve Wozniak, Apple’s co-founder. The following year, Apple-II was released and chosen as the desktop platform for the first spreadsheet computer program for personal computers.
After Jobs visited Xerox PARC in the late 1970s, he became convinced that all future computers would use a graphical user interface (GUI) and immediately began the development of a GUI for the Apple-Lisa. The Apple-Lisa, the first personal computers to offer a GUI, was released on January 19, 1983. By this time, Apple had already become a public company after conducting an Initial Public Offering of 4.6 million shares at $22 per share in December 1980.
Almost exactly one year after Apple-Lisa made its debut Apple introduced the Macintosh computer on January 22, 1984. The release of the Macintosh is remembered for the futuristic commercial that aired during the third quarter of Super Bowl XVIII.
The Macintosh initially sold well, but follow-up sales were significantly more miserable, and soon a power struggle developed between Steve Jobs and Apple CEO John Sculley. After a heated meeting with the board of directors, Steve Jobs resigned as chairman of Apple on September 16, 1985.
Do you want to know what happened next? Then don’t miss the comprehensive infographic below by The Watchstrap.co!