Steve Jobs was born in San Francisco in 1955. He briefly attended college and started working at an Atari computer company. He soon left the company and backpacked across India. He returned to California and started working on his vision to make a “computer for the rest of us” (Entrepreneur, 2017). At the age of 21, Steve Jobs cofounded Apple in his parents garage with Steve Wozniak. They are both credited for revolutionizing the computer industry through making computers smaller, cheaper, intuitive, and accessible (Isaacson, 2011). Jobs sold his Volkswagen bus and Wozniak sold his scientific calculator to begin funding Apple. In 1977, the Apple II was introduced, which had color graphics and keyboard. The sales reached 3 million dollars. …show more content…
The computer cost $2, 495, which was not what Jobs envisioned. Sales did not reach Apple’s predictions, so Jobs pitched selling Mac as a business computer and failed. In 1983, he was ousted from the board by the CEO Job’s picked to help him run Apple (Isaacson, 2011). He eventually sold the shares in 1985 and resigned. He began a new software enterprise known as NeXT, Inc. The following year, Steve Jobs purchased Pixar for 50 million dollars. The studio ended up producing Toy Story, Finding Nemo, and The Incredibles. Overall, Pixar has netted 4 billion dollars. Pixar merged with Disney in 2006 making Steve Jobs Disney’s largest shareholder (Entrepreneur, 2017). While Pixar was successful, NeXT flopped. However, Apple did end up purchasing NeXT for 429 million dollars in 1996. The year after, Jobs returned to Apple as CEO. Steve Jobs placed a new management team and changed the stock options. He only received a salary of one dollar a year. It has been said that without these changes, Apple may not be around today. In fact, Apple introduced revolutionary products through the leadership of Jobs. For example, the Macbook Air, iPod, and iPhone have led to an evolution of modern technology (Steinwart & Ziegler, 2014). In 2004, Jobs