PaulTerrell

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  • Happy 35th birthday to Apple, Inc.

    by 
    Dana Franklin
    Dana Franklin
    04.01.2011

    It's no joke: Apple, Inc. turns 35 today. On April 1, 1976, Steve Jobs, Steve Wozniak and Ronald Wayne (who 12 days later sold his share of the startup for a meager US$2,300) founded Apple Computer. As a newborn, Apple intended to sell low-cost, hand-manufactured microcomputer components to fellow members of the local Homebrew Computer Club. [Ron Wayne will be appearing on Fox Business News this afternoon at 3:30 PM to talk about his early Apple experiences. –Ed.] Not satisfied with selling a few parts to a handful of enthusiasts, a persistent Steve Jobs pitched Apple's products to Paul Terrell, owner of a newly founded computer store in Mountain View, CA, called "Byte Shop." After a few exposures to Jobs' reality distortion field, Terrell agreed to an order of 50 fully assembled Apple I personal computers from the infant company. The two Steves, with a bit of help from their friends (and funded by the sale of a few prized possessions and a favorable loan from a parts supplier) assembled the company's first 50 machines. Together with Byte Shop, Apple put the original machines up for sale at $666.66 each, lighting the match that would later ignite the personal computer revolution.