what was the cost of the first apple computer
Apple I The Apple I went on sale in July 1976 at a price of US$666.66,[9] because Wozniak "liked repeating digits" and because of a one-third markup on the $500 wholesale price.[10]
History of Apple Inc. Building such a machine was going to be financially burdensome. Jobs started looking for cash, but Wayne was somewhat gun-shy due to a failed venture four years earlier, and eventually dropped out of the company. Banks were reluctant to lend Jobs money; the idea of a computer for ordinary people seemed absurd at the time. Jobs eventually met Mike Markkula who co-signed a bank loan for $250,000 (equivalent to $1,050,000 in 2016), and the three formed Apple Computer on April 1, 1976.[1] The name Apple was chosen because the company to beat in the technology industry at the time was Atari, and Apple Computer came before Atari alphabetically and thus also in the phone book. Another reason was that Jobs had happy memories of working on an Oregon apple farm one summer.[16]
Macintosh The Macintosh (/ˈmækɪnˌtɒʃ/ MAK-in-tosh; branded as Mac since 1998) is a family of personal computers (PCs) designed, developed, and marketed by Apple Inc. Steve Jobs introduced the original Macintosh computer on January 24, 1984. This was the company's first mass-market personal computer featuring an integral graphical user interface and mouse.[1] This first model was later renamed to "Macintosh 128k" for uniqueness amongst a populous family of subsequently updated models which are also based on Apple's same proprietary architecture. Since 1998, Apple has largely phased out the Macintosh name in favor of "Mac", though the product family has been nicknamed "Mac" or "the Mac" since the development of the first model.
Apple Inc. As the market for personal computers increased, Apple's computers saw diminishing sales due to lower-priced products from competitors, in particular, those offered with the Microsoft Windows operating system. More executive job shuffles happened at Apple until then-CEO Gil Amelio in 1997 decided to buy NeXT to bring Jobs back. Jobs regained leadership within the company and became the new CEO shortly after. He began a process to rebuild Apple's status, which included opening Apple's own retail stores in 2001, making numerous acquisitions of software companies to create a portfolio of software titles, and changing some of the hardware used in its computers. It again saw success and returned to profitability. In January 2007, Jobs announced that Apple Computer, Inc. would be renamed Apple Inc. to reflect its shifted focus toward consumer electronics. He also announced the iPhone, which saw critical acclaim and significant financial success. In August 2011, Jobs resigned as CEO due to health complications, and Tim Cook became the new CEO. Two months later, Jobs died, marking the end of an era for the company.