Wednesday, December 4, 2013

The Legacy Steve Jobs Left Behind

By: Daniele Ruch 

BLUE BELL, PA--Steve Jobs helped design and develop modern devices that are still used all over the world today. He was an Entrepreneur, and the Chairman, Co-founder, and CEO of Apple Inc. Jobs met Steve Wozniak while in high school, and the two connected immediately.  When he was 21 years old, Jobs, along with his friend Wozniak started Apple Computers in the Jobs’ family garage.  Jobs and Wozniak created computers that were smaller and cheaper for the everyday customer.  In 1980, The Apple Computer became a publicly traded company, with a market value of $1.2 billion on the first day.  However, with the release of newer products, consumers grew disappointed, and as IBM became Apple’s newest competition.  In 1985, Jobs was kicked out as Apple’s CEO by his closest friends, and founded a new software company called NeXT, Inc.  Jobs then purchased an animation company from George Lucas, which later became Pixar Animation Studios.  Jobs invested $50 million into the company, and Pixar’s films have since acquired over $4 billion.  Apple eventually purchased NeXT Inc., for $429 million in 1997, the same year Jobs returned as the CEO for Apple.  Since that time, Apple has introduced revolutionary products such as the MacBook, iPod and iPhone, all of which helped shape modern technology.  On October 5th, 2011, Jobs passed away at the age of 56 after battling Pancreatic Cancer for almost a decade.  Despite this loss, Steve Jobs’ spirit still lives on through all of his contributions to modern technology as Apple still remains one of the world’s most powerful companies with a net worth of $185 billion.  

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