The Success Of Steve Wokniak Company Essay - 1755 Words

Steve Wokniak founded Apple Incorporated in 1976 along with the now deceased Steve Jobs. Both Steve’s were college dropouts. Two months after creating their first circuit board they had 200 orders of them. 1970 is also the year that they released the iconic Apple I from their the grew like wild fire. Releasing multiple different versions and new styles that many people loved. Wozniak was the â€Å"technical genius† while Jobs was the out side the box thinker that came up with all of the crazy ideas that some how worked. The year after Apple was incorporated they released the widely recognized Apple II which ‘sold more than 100,000 units†(Michael). With the increased â€Å"sales jumped from $7.8 million in 1978 to $117 million in 1980†(Apple Inc.) this was the big start the Apple was looking for, offering public stocks in 1980. The success did not always flow for the young company, after the release of the Macintosh computer (Mac) the company was hit hard with 17% income loss in 1984(Michael). Though after a couple of rough years the Mac really took off and hard great years after it. â€Å"Steve Jobs one of the founding members resigned as chairman in 1985, saying ‘I’ve been thinking a lot, and its time for e to get on with my life.’†(News Staff) Jobs started the NeXT Computer company with the money the got by selling his Apple stocks. A company that apple would later merge with. In the early 1990’s apple controlled 60% and 80% of market share (Michael). Sales took a dip again in 1995