Apple was founded on April Fools Day of 1976 in a garage in Los Altos, California by Steve Jobs and Steve Wozniak
Their first product Apple 1 sold 200 in sales
In the April of 1978, Apple 2 has 100,000 sales for 1B$ (Ah! That’s where the billion started)
In 1980, Apple launched a successful IPO
In 1982 and 1984, Apple faced tough competition from IBM and Macintosh was released. Shares went down by 6.2% and net income went down by 17%.
Apple without the Visionary:
In April of 1985, Jobs was removed from operational role.
John Sculley, the CEO recruited from Pepsi led the company alone.
Under Sculley, desktop, Aldus PageMaker, Taligent(with IBM), Newton was released capturing education and desktop market
While initially people loved the product and this love affair with the Mac allowed Apple to sell at premium price, with time , Apple gross margin dropped to 34%- lowest in 10 years.
Sculley then left Apple for good.
Downhill follows:
Spindler and Amelio led the company from 1993–1997
Spindler allowed few companies to make Mac clones with $50/copy, cut Apple’s workforce by 16%, reduced R&D.
At the end of 1995, after spending $500M, neither Apple and IMB wanted to use the new technology Kaleida(Sculley initiative)
After $69M loss, Amelio became the CEO and focused on high-margin segments and premium-price differentiation strategy.
In Dec 1996, Amelio announced NeXT acquisition(company founded by Steve jobs)
After Apple lost $1.6B, Steve Jobs became Apple interim CEO.
Apple turnaround:
Steve Jobs made several announcements in Aug 1997 such as:
Microsoft would invest $150M in apple
Microsoft would develop office for Apple
Macintosh licensing program was put to an end(no more clones!)
Job’s made a successful launch of iMac in Aug 1998 with 6M units in sales.
In Nov 1997, Apple launched a website to sell its products and increased its spending on R&D
Jobs re-energized Apple’s image as more than just a technology company.
The new apple:
In August 2011, Tim Cook took the CEO position
and you know the rest .. :)
03/22/2022
Shererd
Storia dell'azienda. Apple Computers, Inc. è stata fondata il 1° aprile 1976 da Steve Jobs e Steve Wozniak, che hanno portato alla nuova azienda la visione di cambiare il modo in cui la gente vedeva i computer
1 Le vendite sono passate da 7,8 milioni di dollari nel 1978 a 117 milioni di dollari nel 1980, l'anno in cui Apple è stata quotata in borsa.
Here is the complete history of Apple.
In stages…
When the visionary meets tech genius:
Apple without the Visionary:
Downhill follows:
Apple turnaround:
The new apple:
In August 2011, Tim Cook took the CEO position
and you know the rest .. :)
Storia dell'azienda. Apple Computers, Inc. è stata fondata il 1° aprile 1976 da Steve Jobs e Steve Wozniak, che hanno portato alla nuova azienda la visione di cambiare il modo in cui la gente vedeva i computer
1 Le vendite sono passate da 7,8 milioni di dollari nel 1978 a 117 milioni di dollari nel 1980, l'anno in cui Apple è stata quotata in borsa.