Apple’s original founding document, signed by Jobs, surfaces; may fetch ₹36 crore
In a remarkable discovery, a three-page document that played a pivotal role in the creation of the original version of Apple has surfaced, and it is expected to be auctioned for a staggering amount of approximately ₹36 crore. This historic document is an agreement signed by the founders of Apple, Steve Jobs, Steve Wozniak, and Ron Wayne, which laid the foundation for the company that would go on to revolutionize the world of technology.
The document, which is a testament to the humble beginnings of Apple, outlines the agreement between the three founders regarding the ownership and operation of the company. As per the agreement, Steve Jobs and Steve Wozniak were each allocated a 45% stake in the company, while Ron Wayne was given a 10% stake. However, in a surprising turn of events, Wayne later withdrew his support for the company and sold his stake for a mere $2,300.
The significance of this document cannot be overstated, as it marks the beginning of a journey that would take Apple to unprecedented heights. The company, which was founded on April 1, 1976, started as a small operation in the garage of Steve Jobs’ parents’ home in Los Altos, California. The first product developed by Apple was the Apple I, a personal computer designed and hand-built by Wozniak. The Apple I was introduced at the Homebrew Computer Club in Palo Alto, California, and it quickly gained popularity among hobbyists and electronics enthusiasts.
The success of the Apple I was followed by the introduction of the Apple II, one of the first highly successful mass-produced personal computers. The Apple II was designed to be user-friendly and aesthetically pleasing, characteristics that would become a hallmark of Apple’s products. The Apple II was launched in 1977 and was an instant hit, helping to establish Apple as a major player in the burgeoning personal computer market.
Over the years, Apple has continued to innovate and push the boundaries of technology, introducing a string of groundbreaking products such as the Macintosh computer, the iPod, the iPhone, and the iPad. Today, Apple is one of the world’s most valuable companies, with a market capitalization of over $2 trillion.
The discovery of the founding document is a significant event for Apple enthusiasts and collectors, as it provides a unique glimpse into the company’s early days. The document is a testament to the vision and entrepreneurial spirit of Steve Jobs, Steve Wozniak, and Ron Wayne, who dared to dream big and create something truly revolutionary.
The auction of the document is expected to generate significant interest, with collectors and Apple enthusiasts likely to bid aggressively to acquire this piece of history. The estimated price of ₹36 crore is a reflection of the document’s significance and rarity, and it is likely to be a highly contested auction.
In conclusion, the surfacing of Apple’s original founding document is a remarkable event that highlights the company’s humble beginnings and its journey to becoming one of the world’s most successful and innovative companies. The document is a testament to the power of vision, innovation, and entrepreneurship, and it serves as a reminder of the significant impact that Apple has had on the world of technology.
As the auction of the document approaches, Apple enthusiasts and collectors are eagerly awaiting the opportunity to acquire this piece of history. Whether the document sells for ₹36 crore or exceeds expectations, its significance and importance to the history of Apple and the world of technology cannot be overstated.