Apple’s original founding document, signed by Jobs, surfaces; may fetch ₹36 crore
In a revelation that is set to send shockwaves through the tech world, a three-page document that played a pivotal role in the creation of the original version of Apple has surfaced, and it is likely to be auctioned for a staggering amount of approximately ₹36 crore. The document, which is a testament to the humble beginnings of one of the world’s most valuable companies, features the signatures of Apple’s founding fathers – Steve Jobs, Steve Wozniak, and Ron Wayne.
The document in question is an agreement that outlines the ownership structure of Apple, with Jobs and Wozniak each allocated a 45% stake, while Wayne was assigned a 10% stake. However, as fate would have it, Wayne later withdrew his support for the company, selling his stake for a mere $2,300. Little did he know that the company would go on to become a global giant, with a market value of over $2 trillion.
The agreement, which was signed on April 1, 1976, is a fascinating glimpse into the early days of Apple, when the company was still in its infancy. It highlights the vision and determination of Jobs and Wozniak, who were driven to create a revolutionary new product that would change the world. The document is also a reminder of the pivotal role that Wayne played in the company’s early days, albeit briefly.
The auction of this historic document is set to generate significant interest among collectors and Apple enthusiasts, who will be eager to get their hands on a piece of tech history. The estimated price of ₹36 crore is a testament to the document’s significance and rarity, and it is likely that the final sale price will exceed this amount.
The story of Apple’s founding is a fascinating one, and it is a testament to the power of innovation and entrepreneurship. Jobs and Wozniak, who met while attending Homestead High School in Cupertino, California, shared a passion for electronics and design. They began attending meetings of the Homebrew Computer Club, where they were inspired by the work of other hobbyists and inventors.
In 1976, Jobs and Wozniak began working on a new computer, the Apple I, which was designed and hand-built by Wozniak. The computer was introduced at the Homebrew Computer Club, and it quickly gained a following among hobbyists and electronics enthusiasts. The success of the Apple I led to the development of the Apple II, which was one of the first highly successful mass-produced personal computers.
The rest, as they say, is history. Apple went on to become one of the most successful companies in the world, with a range of innovative products that have transformed the way we live, work, and communicate. From the Macintosh computer to the iPod, iPhone, and iPad, Apple’s products have been at the forefront of the tech revolution, and the company’s influence can be seen in every aspect of modern life.
The auction of Apple’s original founding document is a reminder of the company’s humble beginnings and the vision and determination of its founders. It is a testament to the power of innovation and entrepreneurship, and it is a fascinating glimpse into the early days of one of the world’s most successful companies.
As the tech world waits with bated breath for the auction of this historic document, it is worth reflecting on the significance of Apple’s founding and the impact that the company has had on the world. From the early days of the Apple I and Apple II to the modern era of the iPhone and iPad, Apple’s products have been at the forefront of the tech revolution, and the company’s influence can be seen in every aspect of modern life.
In conclusion, the surfacing of Apple’s original founding document is a significant event that is set to generate significant interest among collectors and Apple enthusiasts. The document, which features the signatures of Steve Jobs, Steve Wozniak, and Ron Wayne, is a fascinating glimpse into the early days of Apple, and it is a testament to the power of innovation and entrepreneurship. As the auction of this historic document approaches, it is worth reflecting on the significance of Apple’s founding and the impact that the company has had on the world.
News Source: https://www.newsbytesapp.com/news/business/apple-s-original-founding-document-signed-by-jobs-heads-to-auction/story