The innovations of Apple Inc. are on show at a new museum in the Netherlands. It charts the company’s journey its first experimental models to the world-changing iPhone. (AP video shot by: Ahmad Seir Nassiri)
\n\nCUPERTINO, Calif. (AP) — A scrawny hippie and a nerdy engineer who became prank-playing friends vowed to change the world when they founded a Silicon Valley startup on April Fools’ Day 50 years ago and then — no joke — pulled it off.
\n\nThe improbable odyssey began April 1, 1976, when a then-shaggy Steve Jobs and his gadget-tinkering friend Steve Wozniak signed a two-page partnership document that created Apple Computer Co.
\n\nThe former home of Steve Jobs’ parents house in Los Altos, Calif., is shown on March 21, 2026. (AP Photo/Michael Liedtke)
\n\nJobs, a 21-year-old college dropout, and Wozniak, a 25-year-old Hewlett-Packard employee, each received a 45% stake in Apple, with the remaining 10% going to their 41-year-old adviser, Ron Wayne.
\n\nThe company got off to such a shaky start while trying to build a personal computer in the Los Altos, California, home of Jobs’ parents that Wayne relinquished his stake for $2,300. It proved to be a $370 billion mistake, based on how much…
Original source: https://apnews.com/business