April 1976 – The Start
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Apple Computers, Inc. was founded by Steve Jobs and his business partner Steve Wozniak in a Silicon Valley garage.
December 1980 – IPO
Apple goes public, pricing its IPO of 4.6 million shares at $22 per share. Today the stock is hovering at an all-time high trading above $200 per share.
September 1985 – Jobs pushed out
Jobs leaves Apple after losing a power struggle with then CEO John Sculley, who he helped recruit from Pepsi.
November 1995 – Pixar windfall
Jobs becomes a billionaire when animation studio Pixar, which Apple acquired, goes public. In 2006, The Walt Disney company purchased the studio for over $7 billion. Today, ‘The Laurene Powell Jobs Trust’, named for his wife, is Disney’s third largest shareholder.
|DIS||WALT DISNEY COMPANY||139.54||-1.36||-0.97%|
September 1997 – Jobs returns
Jobs returns to Apple as the company flounders against rivals including Microsoft as the tech boom is taking off.
January 2007 – iPhone is born
The very first iPhone is unveiled to the public. iPhone sales account for at least 60% of Apple’s annual revenue, according to Statista. Today the iPhone X (10) is the latest generation of the device and it retails for around $1,000.
August 2018 - $1 trillion mark
Apple, now run by CEO Tim Cook, is the world’s most valuable company with a market value that briefly reached $1 trillion on Thursday. It has $243.7 billion cash on hand, the most of any Fortune 500 company. A $1 trillion market cap value, approximately equates to the combined net worth of 21 members of Forbes 2017 list of the World's Billionaires.
Sources: Cult of Mac, Forbes, Statista