Apple Computer, Inc.

 January 3, 1977 – Apple Computer is incorporated.  Initially founded on April Fools Day in 1976 by Steve Jobs (21), Steve Wozniak (25), and Ronald Wayne (33).   Wayne (who actually had assets and draws the logo of Newton under an apple tree) sells his shares back to Jobs and Wozniak for $800 two weeks later to avoid potential entanglement if his young co-founders incur debt in their venture.  Aided by venture capitalists Arthur Rock and Mike Markkula, the new startup grossed $174,000 in 1976, $2,700, 000 in 1977, and  $7,800,000 in 1978…..  By 1982 sales exceeded a staggering $1,000,000,000.

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