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Choose a publicly traded company (US Market) and you’re their consultant

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Choose a publicly traded company (US Market) and you’re their consultant

Category: Research Paper

Subcategory: Economics

Level: College

Pages: 7

Words: 1925

Apple Company Inc.
Name:
Institution Affiliation:
Date:
Introduction
The company’s most prominent founders were Steve Jobs and Wozniak. They worked in collaboration with Ronald Wayne, who was convinced to take 10% of the business stock and become a judge in case Jobs and Wozniak disagree. In spite this, Wayne withdrew from the company after 12 days where he sold a holding at $500 and would today be worth $72bn.
Jobs and Wozniak had met at a computer club called Homebrew Computer Club. Wozniak was inspired by MITS build it yourself approach, and so he produced the first computer that had a typewriter and the ability to connect to a regular TV (Linzmayer 2004). Later came the Apple I which was the model of every modern computer but his aim was to show off with his great achievements from very few resources and not to change the world.
Jobs saw this machine, and when he spotted the brilliance in it, he sold his VW microbus to help fund its production while Wozniak sold his HP calculator leading to the foundation of Apple Computer Inc. This happened on 1 April 1976 alongside Ronald Wayne. This name was to cause following problems since it came close to that of Beatles’ publisher, Apple Corps though it got handled by an innocent genesis (Lüsted 2012).
Wozniak made the computers by hand and Apple I was priced at $666.66. They later made a deal with Byte Shop to supply it with 50 computers each at $500. A problem arose due to the Apple I, not being present in signifi…

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