Joanne Schieble and Abdulfattah Jandali were unwed parents of a little boy born on February 24th, 1955. They made a life-changing decision to put that baby up for adoption. One of the candidates for adoption was Paul and Clara Jobs. Joanne and Adbulfattah wanted their son to be able to get a college education and a good paying job. Paul and Clara was a lower-middle class couple. The child’s biological parents were reluctant to allow the Jobs to adopt him, but in the end, they allowed it.
The Jobs moved to Mountain View a couple years after adopting the little boy that they had ended up naming Steven Paul Jobs. Steve Jobs grew up in a low-middle class neighborhood with engineers working ...view middle of the document...
The Homebrew Computer Club was the first real pioneer of personal computing, enlightened amateurs, radio jammers, and computer professionals who began building their own computers for personal usage or writing software. Woz’s mental notes from the meetings he attended, as well as his talent with technology, allowed him to build a personal computer board. Jobs took interest in his friend’s invention and thought about the idea of selling it to software hobbyists. Software hobbyists wanted to write their own software without having to deal with assembling their computer kit. This led to the invention of the first Apple computer on April 1st, 1976.
Steve and Woz began assembling computer boards for the Apple I computer in Steve’s parents garage and also sold them to independent computer dealers nearby. Woz had already began operations for the next bigger, better computer – the Apple II. The Apple II was an expandable, more powerful system that would support graphics of color. These young men knew deep down that these computers could be very successful, so Jobs started searching for venture capital. He came to convince former Intel executive Mike Markkula to invest $250,000 into his and Woz’s company. In January of 1977, Markkula would go on to say to his young founders of Apple that thanks to the success of the Apple II, their company should be on its way to becoming a Fortune 500 company in less than two years.
Markkula was right in the fact that Apple was an American success story. The Apple II had come to crush most of its competitors and the sales of he Apple II made Steve and Woz millionaires with Apples introduction of VisiCalc. VisiCalc was the first commercially successful spreadsheet program. Hundreds of thousands of accountants, small business owners, and people obsessed with money bought the Apple II just to make calculations at home.
The investors decided it was time to go public with Apple Computer Inc. The first sale of stock by a company to the public is called an initial public offering, or IPO. Apple’s IPO was held in December of 1980. Just four years after the company was started in the Jobses garage. Steve’s net worth at age 25 was over $200 million.
Computer giant IBM began to show interest in Apple. At that time, IBM was only selling mainframe computers to bigger companies. In August of 1981, the IBM PC was introduced to the personal computer market. This was the biggest threat to Apple at the time because of the flop of the Apple III a year before. All of the hopes relied on the next big project by Apple called Lisa.
In 1978, Steve Jobses ex-girlfriend from high school, Chris-Ann Brennan gave birth to a little girl. She went on to name the girl Lisa. Jobs denied paternity even though it was obvious that he was the father due to their off-and-on relationship since high school. Jobs kept on refusing paternity and even refused to give Chris-Ann any money given the millions of dollars he had...