Steven Paul Jobs (born February 24, 1955) is an American business magnate A business magnate, sometimes referred to as a mogul, tycoon, baron, oligarch, or industrialist, is a partially informal term used to refer to a person who has reached a prominent place in a particular industry and whose wealth has been derived primarily therefrom and inventor An invention is a new composition, device, or process. An invention may be derived from a pre-existing model or idea, or it could be independently conceived in which case it may be a radical breakthrough. In addition, there is cultural invention, which is an innovative set of useful social behaviors adopted by people and passed on to others. He is well-known for being the co-founder and chief executive officer A chief executive officer or chief executive is the highest-ranking corporate officer (executive) or administrator in charge of total management of an organization. An individual appointed as CEO of a corporation, company, organization, or agency reports to the board of directors of Apple Apple Inc. is an American multinational corporation that designs and markets consumer electronics, computer software, and personal computers. The company's best-known hardware products include the Macintosh computers, the iPod, the iPhone and the iPad. Apple software includes the Mac OS X operating system; the iTunes media browser; the iLife suite. Jobs also previously served as chief executive of Pixar Animation Studios Pixar Animation Studios is a Academy Award-winning studio with an American CGI animation production company based in Emeryville, California, United States. To date, the studio has earned twenty-four Academy Awards, six Golden Globes, and three Grammys, among many other awards, acknowledgments and achievements and has made $5.5 billion worldwide; he became a member of the board A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. The body sometimes has a different name, such as board of trustees, board of governors, board of managers, or executive board. It is often simply referred to as "the board." of The Walt Disney Company The Walt Disney Company , also known simply as Disney, is the largest media and entertainment conglomerate in the world. Founded on October 16, 1923 by brothers Walt Disney and Roy Disney as the Disney Brothers Cartoon Studio, the company was reincorporated as Walt Disney Productions in 1929. Walt Disney Productions established itself as a leader in 2006, following the acquisition of Pixar by Disney.
In the late 1970s, Jobs, with Apple co-founder Steve Wozniak Wozniak has several nicknames, including "The Woz", "Wonderful Wizard of Woz" and "iWoz" . "WoZ" (short for "Wheels of Zeus") is also the name of a company Wozniak founded. He is sometimes known as the "Other Steve" of Apple Computer, the better known Steve being co-founder Steve Jobs, Mike Markkula Armas Clifford "Mike" Markkula Jr. is an American entrepreneur who was an angel investor and second CEO of Apple Computer, Inc., who provided early critical funding and managerial support. He was introduced to Steve Jobs and Steve Wozniak when they were looking for funding to manufacture the Apple II personal computer they had developed[,[11] and others, designed, developed, and marketed one of the first commercially successful lines of personal computers, the Apple II series The Apple II was one of the first highly successful mass produced microcomputer products, manufactured by Apple Computer (now Apple Inc.) and introduced in 1977. In terms of ease of use, features and expandability the Apple II was a major technological advancement over its predecessor, the Apple I, a limited production bare circuit board computer. In the early 1980s, Jobs was among the first to see the commercial Commerce is a division of trade or production which deals with the exchange of goods and services from producer to final consumer OR commerce is the exchange of goods and services from the point of production to the point of consumption to satisfy human wants. It comprises the trading of something of economic value such as goods, services, potential of the mouse In computing, a mouse is a pointing device that functions by detecting two-dimensional motion relative to its supporting surface. Physically, a mouse consists of an object held under one of the user's hands, with one or more buttons. (Although traditionally a button is typically round or square, modern mice have spring-loaded regions of their top-driven graphical user interface A graphical user interface (sometimes pronounced gooey) is a type of user interface item that allows people to interact with programs in more ways than typing such as computers; hand-held devices such as MP3 Players, Portable Media Players or Gaming devices; household appliances and office equipment with images rather than text commands. A GUI which led to the creation of the Macintosh The Macintosh , or Mac, is a series of several lines of personal computers designed, developed, and marketed by Apple Inc. The first Macintosh was introduced on January 24, 1984; it was the first commercially successful personal computer to feature a mouse and a graphical user interface rather than a command-line interface.[12][13] After losing a power struggle with the board of directors in 1985,[14][15] Jobs resigned from Apple and founded NeXT Next, Inc. was an American computer company headquartered in Redwood City, California, that developed and manufactured a series of computer workstations intended for the higher education and business markets. NeXT was founded in 1985 by Apple Computer co-founder Steve Jobs after his forced resignation from Apple. NeXT introduced the first NeXT, a computer platform In computing, a platform describes some sort of hardware architecture or software framework , that allows software to run. Typical platforms include a computer's architecture, operating system, programming languages and related runtime libraries or graphical user interface development company specializing in the higher education and business markets. Apple's subsequent 1996 buyout A buyout is an investment transaction by which an entire company or a controlling part of the stock of a company is sold. A firm "buys out" a company to take control of it. A buyout can take the form of a leveraged buyout, a venture capital buyout or a management buyout. Where the company being bought out is a public company, a buyout is of NeXT brought Jobs back to the company he co-founded, and he has served as its CEO A chief executive officer or chief executive is the highest-ranking corporate officer (executive) or administrator in charge of total management of an organization. An individual appointed as CEO of a corporation, company, organization, or agency reports to the board of directors since 1997.
In 1986, he acquired the computer graphics division of Lucasfilm Ltd Lucasfilm Limited is an American film production company founded by George Lucas in 1971, based in San Francisco, California. Lucas is the company's current chairman, and Micheline Chau is the president and COO which was spun off as Pixar Animation Studios Pixar Animation Studios is an American CGI animation film studio based in Emeryville, California, United States. To date, the studio has earned twenty-four Academy Awards, six Golden Globes, and three Grammys, among many other awards, acknowledgments and achievements and has made $5.5 billion worldwide. It is one of the most critically acclaimed.[16] He remained CEO A chief executive officer or chief executive is the highest-ranking corporate officer (executive) or administrator in charge of total management of an organization. An individual appointed as CEO of a corporation, company, organization, or agency reports to the board of directors and majority shareholder until its acquisition by the Walt Disney company in 2006.[3] Jobs is currently a member of Disney's Board of Directors A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. The body sometimes has a different name, such as board of trustees, board of governors, board of managers, or executive board. It is often simply referred to as "the board.".[17][18]
Jobs' history in business has contributed much to the symbolic image of the idiosyncratic, individualistic Silicon Valley Silicon Valley is in the southern part of the San Francisco Bay Area in Northern California, United States. The region is home to many of the world's largest technology companies including Apple, Google, Facebook, HP, Intel, Cisco, eBay, Adobe, Agilent, Oracle, Yahoo, Netflix, and EA. The term originally referred to the region's large number of entrepreneur, emphasizing the importance of design No generally-accepted definition of “design” exists, and the term has different connotations in different fields . Informally, “a design” (noun) refers to a plan for the construction of an object (as in architectural blueprints, circuit diagrams and sewing patterns) and “to design” (verb) refers to making this plan. However, one can and understanding the crucial role aesthetics play in public appeal. His work driving forward the development of products that are both functional and elegant has earned him a devoted following.[19]
Jobs is listed as either primary inventor or co-inventor in over 230 both awarded patents and patent applications related to a range from actual computer and portable devices to user interfaces (including touch-based), speakers, keyboards, power adapters, staircases, clasps, sleeves, lanyards and packages.[20][21]
Contents |
Early years
Steve Jobs at the WWDC 07Jobs was born in San Francisco[1] and was adopted Adoption is a process whereby a person assumes the parenting for another who is not kin and, in so doing, permanently transfers all rights and responsibilities from the original parent or parents. Unlike guardianship or other systems designed for the care of the young, adoption is intended to effect a permanent change in status and as such by Paul and Clara Jobs (née A married name is the family name adopted by a person upon marriage. In many cultures it is common practice for a person to assume the family name of his or her spouse; this new name typically replaces the maiden name Hagopian[22]) of Mountain View, California Mountain View is a city in Santa Clara County, in the San Francisco Bay Area. It is named for its views of the Santa Cruz Mountains. The city shares its borders with the cities of Palo Alto, Los Altos, and Sunnyvale, as well as Moffett Federal Airfield and the San Francisco Bay. As of the 2000 census, the city had a total population of 70,708, who named him Steven Paul. Paul and Clara later adopted a daughter, who they named Patti. Jobs' biological parents – Abdulfattah Jandali, a Syrian Syria , officially the Syrian Arab Republic (Arabic: الجمهورية العربية السورية), is a country in Western Asia, bordering Lebanon and the Mediterranean Sea to the West, Turkey to the north, Iraq to the east, Jordan to the south, and Israel to the southwest Muslim A Muslim or Moslem is an adherent of the religion of Islam. Literally, the word means "one who submits (to God)". Muslim is the participle of the same verb of which Islam is the infinitive. All Muslims observe Sunnah, but differences in the definition of what is and what is not Sunnah has led to the emergence of sectarian movements.[[23] graduate student who later became a political science professor,[24] and Joanne Simpson, an American graduate student[23] who went on to become a speech therapist[25] – later married, giving birth to and raising Jobs' biological sister, the novelist Mona Simpson.[26][27][28][29][30]
Jobs attended Cupertino Junior High School and Homestead High School in Cupertino, California Cupertino is a suburban city in Santa Clara County, California, U.S., directly west of San Jose on the western edge of the Santa Clara Valley with portions extending into the foothills of the Santa Cruz Mountains. The population was 50,546 at the time of the 2000 census. It is the home of the worldwide headquarters of Apple, Inc,[19] and frequented after-school lectures at the Hewlett-Packard Company Hewlett-Packard Company , commonly referred to as HP, is an American multinational information technology corporation headquartered in Palo Alto, California, USA. HP is one of the world's largest information technology companies and operates in nearly every country. HP specializes in developing and manufacturing computing, data storage, and in Palo Alto, California Palo Alto (pronounced /ˌpæloʊˈæltoʊ/, from Spanish: palo: "stick" and alto: "tall") is a California charter city located in the northwest corner of Santa Clara County, in the San Francisco Bay Area of California, USA. It is named after a tree called El Palo Alto. The city includes portions of Stanford University and is. He was soon hired there and worked with Steve Wozniak Wozniak has several nicknames, including "The Woz", "Wonderful Wizard of Woz" and "iWoz" . "WoZ" (short for "Wheels of Zeus") is also the name of a company Wozniak founded. He is sometimes known as the "Other Steve" of Apple Computer, the better known Steve being co-founder Steve Jobs as a summer employee.[31] In 1972, Jobs graduated from high school and enrolled in Reed College Reed College is a private, independent, liberal arts college located in southeast Portland, Oregon. Founded in 1908, Reed is a four-year residential college with a campus located in Portland's residential Eastmoreland neighborhood, featuring architecture based on the Tudor-Gothic style, and a forested canyon wilderness preserve at its center. Reed in Portland, Oregon Portland is a city located in the Northwestern United States, near the confluence of the Willamette and Columbia rivers in the state of Oregon. As of July 2009, it has an estimated population of 582,130 making it the 29th most populous in the United States. It has been referred to as the most environmentally friendly or "green" city in. Although he dropped out Categories: Students | Counterculture | Human behavior after only one semester,[32] he continued auditing An audit is an educational term in the United States for the completion of a course of study for which no assessment is made or grade awarded. The grade of "audit" is awarded to those who have elected not to receive a letter grade for a course in which they are typically awarded classes at Reed, such as one in calligraphy Calligraphy is a type of visual art. It is often called the art of fancy lettering (Mediavilla 1996: 17). A contemporary definition of calligraphic practice is "the art of giving form to signs in an expressive, harmonious and skillful manner" (Mediavilla 1996: 18). The story of writing is one of aesthetic evolution framed within the. Jobs later stated, "If I had never dropped in on that single course in college, the Mac would have never had multiple typefaces In typography, a typeface is a set of one or more fonts, in one or more sizes, designed with stylistic unity, each comprising a coordinated set of glyphs. A typeface usually comprises an alphabet of letters, numerals, and punctuation marks; it may also include ideograms and symbols, or consist entirely of them, for example, mathematical or map- or proportionally spaced fonts", he said.[15]
In the autumn of 1974, Jobs returned to California and began attending meetings of the Homebrew Computer Club The Homebrew Computer Club was an early computer hobbyist club in Silicon Valley, which met from March 5, 1975 to roughly 1977. Several very high-profile hackers and IT entrepreneurs emerged from its ranks, including the founders of Apple Inc with Wozniak. He took a job as a technician at Atari Atari is a corporate and brand name owned by several entities since its inception in 1972. It is currently owned by Atari Interactive, a wholly owned subsidiary of the French publisher Atari SA, a manufacturer of popular video games A video game is an electronic game that involves interaction with a user interface to generate visual feedback on a video device. The word video in video game traditionally referred to a raster display device. However, with the popular use of the term "video game", it now implies any type of display device. The electronic systems used to, with the primary intent of saving money for a spiritual retreat to India.
Jobs then traveled to India with a Reed College friend (and, later, the first Apple employee), Daniel Kottke Daniel Kottke, born April 4, 1954 in Bronxville, New York is a U.S. computer engineer and the first official employee of Apple Inc. His official employee number was 12, having been assigned a few months after he originally started working. His contribution to the personal computer revolution is undisputed as the engineer who assembled and tested, in search of spiritual enlightenment. He came back a Buddhist Buddhism is a religion and philosophy encompassing a variety of traditions, beliefs and practices, largely based on teachings attributed to Siddhartha Gautama, commonly known as the Buddha . The Buddha lived and taught in the northeastern Indian subcontinent some time between the 6th and 4th centuries BCE. He is recognized by adherents as an with his head shaved and wearing traditional Indian clothing.[33][34] During this time, Jobs experimented with psychedelics A psychedelic substance is a psychoactive drug whose primary action is to alter the cognition and perception of the mind. Psychedelics are part of a wider class of psychoactive drugs known as hallucinogens, which also includes related substances such as dissociatives and deliriants. Unlike other drugs such as stimulants and opioids which induce, calling his LSD Lysergic acid diethylamide, abbreviated LSD or LSD-25, also known as lysergide and colloquially as acid, is a semisynthetic psychedelic drug of the ergoline family. LSD is non-addictive and well known for its psychological effects which can include altered thinking processes, closed and open eye visuals, synaesthesia, a sense of time distortion, experiences "one of the two or three most important things [he had] done in [his] life".[35] He has stated that people around him who did not share his countercultural roots could not fully relate to his thinking.[35]
Jobs returned to his previous job at Atari and was given the task of creating a circuit board A printed circuit board, or PCB, is used to mechanically support and electrically connect electronic components using conductive pathways, tracks, or traces, etched from copper sheets laminated onto a non-conductive substrate. It is also referred to as printed wiring board or etched wiring board. A PCB populated with electronic components is a for the game Breakout Breakout is an arcade game developed by Atari, Inc and introduced on May 13, 1976. It was conceptualized by Nolan Bushnell and Steve Bristow, and influenced by the 1972 arcade game Pong. The game was ported to video game consoles and upgraded to video games such as Super Breakout. In addition, Breakout was the basis and inspiration for books,. According to Atari founder Nolan Bushnell Nolan K. Bushnell is an American engineer and entrepreneur who founded both Atari, Inc and the Chuck E. Cheese's Pizza-Time Theaters chain. Bushnell has been inducted into the Video Game Hall of Fame and the Consumer Electronics Association Hall of Fame, received the Nations Restaurant News “Innovator of the Year” award, and was named one of, Atari had offered US$ The United States dollar is the official currency of the United States. The U.S. dollar is normally abbreviated as the dollar sign, $, or as USD or US$ to distinguish it from other dollar-denominated currencies and from others that use the $ symbol. It is divided into 100 cents100 for each chip that was reduced in the machine. Jobs had little interest or knowledge in circuit board design and made a deal with Wozniak to split the bonus evenly between them if Wozniak could minimize the number of chips. Much to the amazement of Atari, Wozniak reduced the number of chips by 50, a design so tight that it was impossible to reproduce on an assembly line. At the time, Jobs told Wozniak that Atari had only given them $700 (instead of the actual $5000) and that Wozniak's share was thus $350.[36][37][38][39][40][41]
Career
Beginnings of Apple Computer
See also: History of Apple Steve Jobs and Bill Gates at the fifth D: All Things Digital conference (D5) in 2007.In 1976, Steve Jobs, Steve Wozniak and Ronald Wayne,[42] with later funding from a then-semi-retired Intel product-marketing manager and engineer A.C. "Mike" Markkula Jr.,[11] founded Apple. Prior to co-founding Apple, Wozniak was an electronics hacker. Jobs and Wozniak had been friends for several years, having met in 1971, when their mutual friend, Bill Fernandez, introduced 21-year-old Wozniak to 16-year-old Jobs. Steve Jobs managed to interest Wozniak in assembling a computer and selling it. As Apple continued to expand, the company began looking for an experienced executive to help manage its expansion.
In 1978, Apple recruited Mike Scott from National Semiconductor to serve as CEO for what turned out to be several turbulent years. In 1983, Steve Jobs lured John Sculley away from Pepsi-Cola to serve as Apple's CEO, asking, "Do you want to sell sugar water for the rest of your life, or do you want to come with me and change the world?"[43][44] The following year, Apple aired a Super Bowl television commercial titled "1984." At Apple's annual shareholders meeting on January 24, 1984, an emotional Jobs introduced the Macintosh to a wildly enthusiastic audience; Andy Hertzfeld described the scene as "pandemonium."[45] The Macintosh became the first commercially successful small computer with a graphical user interface. The development of the Mac was started by Jef Raskin, and eventually taken over by Jobs.
While Jobs was a persuasive and charismatic director for Apple, some of his employees from that time had described him as an erratic and temperamental manager. An industry-wide sales slump towards the end of 1984 caused a deterioration in Jobs's working relationship with Sculley, and at the end of May 1985 – following an internal power struggle and an announcement of significant layoffs – Sculley relieved Jobs of his duties as head of the Macintosh division.[46]
NeXT Computer
See also: NeXTAround the same time, Jobs founded another computer company, NeXT Computer. Like the Apple Lisa, the NeXT workstation was technologically advanced; however, it was largely dismissed by industry as cost-prohibitive. Among those who could afford it, however, the NeXT workstation garnered a strong following because of its technical strengths, chief among them its object-oriented software development system. Jobs marketed NeXT products to the scientific and academic fields because of the innovative, experimental new technologies it incorporated (such as the Mach kernel, the digital signal processor chip, and the built-in Ethernet port).
The NeXTcube was described by Jobs as an "interpersonal" computer, which he believed was the next step after "personal" computing. That is, if computers could allow people to communicate and collaborate together in an easy way, it would solve many of the problems that "personal" computing had come up against. During a time when e-mail for most people was plain text, Jobs loved to demo the NeXT's e-mail system, NeXTMail, as an example of his "interpersonal" philosophy. NeXTMail was one of the first to support universally visible, clickable embedded graphics and audio within e-mail.
Jobs ran NeXT with an obsession for aesthetic perfection, as evidenced by such things as the NeXTcube's magnesium case. This put considerable strain on NeXT's hardware division, and in 1993, after having sold only 50,000 machines, NeXT transitioned fully to software development with the release of NeXTSTEP/Intel.
Pixar and Disney
In 1986, Jobs bought The Graphics Group (later renamed Pixar) from Lucasfilm's computer graphics division for the price of $10 million, $5 million of which was given to the company as capital.[47]
The new company, which was originally based at Lucasfilm's Kerner Studios in San Rafael, California, but has since relocated to Emeryville, California, was initially intended to be a high-end graphics hardware developer. After years of unprofitability selling the Pixar Image Computer, it contracted with Disney to produce a number of computer-animated feature films, which Disney would co-finance and distribute.
The first film produced by the partnership, Toy Story, brought fame and critical acclaim to the studio when it was released in 1995. Over the next ten plus years, under Pixar's creative chief John Lasseter, the company would produce the box-office hits A Bug's Life (1998), Toy Story 2 (1999), Monsters, Inc. (2001), Finding Nemo (2003), The Incredibles (2004), Cars (2006), Ratatouille (2007), WALL-E (2008) and Up (2009). Finding Nemo, The Incredibles, Ratatouille, WALL-E and Up each received the Academy Award for Best Animated Feature, an award introduced in 2001.
In the years 2003 and 2004, as Pixar's contract with Disney was running out, Jobs and Disney chief executive Michael Eisner tried but failed to negotiate a new partnership, and in early 2004 Jobs announced that Pixar would seek a new partner to distribute its films once its contract with Disney expired.
In October 2005, Bob Iger replaced Eisner at Disney, and Iger quickly worked to patch up relations with Jobs and Pixar. On January 24, 2006, Jobs and Iger announced that Disney had agreed to purchase Pixar in an all-stock transaction worth $7.4 billion. Once the deal closed, Jobs became The Walt Disney Company's largest single shareholder with approximately 7% of the company's stock.[17] Jobs's holdings in Disney far exceed those of Eisner, who holds 1.7%, and Disney family member Roy E. Disney, who held about 1% of the company's stock and whose criticisms of Eisner included the soured Pixar relationship and accelerated his ousting. Jobs joined the company's board of directors upon completion of the merger.
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Jobs also helps oversee Disney and Pixar's combined animation businesses with a seat on a special six-man steering committee.
Return to Apple
Jobs on stage at Macworld Conference & Expo, San Francisco, January 11, 2005. See also: "1998–2005: Return to profitability" in Apple Inc.In 1996, Apple announced that it would buy NeXT for $429 million. The deal was finalized in late 1996,[48] bringing Jobs back to the company he co-founded. He soon became Apple's interim CEO after the directors lost confidence in and ousted then-CEO Gil Amelio in a boardroom coup. In March 1998, to concentrate Apple's efforts on returning to profitability, Jobs immediately terminated a number of projects such as Newton, Cyberdog, and OpenDoc. In the coming months, many employees developed a fear of encountering Jobs while riding in the elevator, "afraid that they might not have a job when the doors opened. The reality was that Jobs' summary executions were rare, but a handful of victims was enough to terrorize a whole company."[49] Jobs also changed the licensing program for Macintosh clones, making it too costly for the manufacturers to continue making machines.
With the purchase of NeXT, much of the company's technology found its way into Apple products, most notably NeXTSTEP, which evolved into Mac OS X. Under Jobs's guidance the company increased sales significantly with the introduction of the iMac and other new products; since then, appealing designs and powerful branding have worked well for Apple. At the 2000 Macworld Expo, Jobs officially dropped the "interim" modifier from his title at Apple and became permanent CEO. Jobs quipped at the time that he would be using the title 'iCEO.' [50]
In recent years, the company has branched out, introducing and improving upon other digital appliances. With the introduction of the iPod portable music player, iTunes digital music software, and the iTunes Store, the company made forays into consumer electronics and music distribution. In 2007, Apple entered the cellular phone business with the introduction of the iPhone, a multi-touch display cell phone, iPod, and internet device.[clarification needed] While stimulating innovation, Jobs also reminds his employees that "real artists ship",[51] by which he means that delivering working products on time is as important as innovation and attractive design.
Jobs is both admired and criticized for his consummate skill at persuasion and salesmanship, which has been dubbed the "reality distortion field" and is particularly evident during his keynote speeches (colloquially known as "Stevenotes") at Macworld Expos and at Apple's own World Wide Developers Conferences.
In 2005, Jobs responded to criticism of Apple's poor recycling programs for e-waste in the U.S. by lashing out at environmental and other advocates at Apple's Annual Meeting in Cupertino in April. However, a few weeks later, Apple announced it would take back iPods for free at its retail stores. The Computer TakeBack Campaign responded by flying a banner from a plane over the Stanford University graduation at which Jobs was the commencement speaker.[15] The banner read "Steve — Don't be a mini-player recycle all e-waste". In 2006, he further expanded Apple's recycling programs to any U.S. customer who buys a new Mac. This program includes shipping and "environmentally friendly disposal" of their old systems.[52]
Business life
Wealth
As of October 2009, Jobs owns 5.426 million shares of Apple, most of which was granted in 2003 when Jobs was given 10 million shares. He also owns 138 million shares of Disney, which he received in exchange for Disney's acquisition of Pixar.[53]
Stock options backdating issue
In 2001, Steve Jobs was granted stock options in the amount of 7.5 million shares of Apple with an exercise price of $18.30, which allegedly should have been $21.10, thereby incurring taxable income of $20,000,000 that he did not report as income. This indicated backdating. Apple overstated its earnings by that same amount. If found liable, Jobs might have faced a number of criminal charges and civil penalties. Apple claimed that the options were originally granted at a special board meeting that may never have taken place. Furthermore, the investigation is focusing on false dating of the options resulting in a retroactive $20 million increase in the exercise price. The case is the subject of active criminal and civil government investigations,[54] though an independent internal Apple investigation completed on December 29, 2006 found that Jobs was unaware of these issues and that the options granted to him were returned without being exercised in 2003.[55] On July 1, 2008 a $7 billion class action suit was filed against several members of the Apple Board of Directors for revenue lost due to the alleged securities fraud.[56][57]
Management style
Much has been made of Jobs' aggressive and demanding personality. Fortune wrote that he "is considered one of Silicon Valley's leading egomaniacs."[58] Commentaries on his temperamental style can be found in Mike Moritz's The Little Kingdom, one of the few authorized biographies of Jobs; Jeffrey S. Young's unauthorized Steve Jobs: The Journey Is the Reward[citation needed]; The Second Coming of Steve Jobs, by Alan Deutschman; and iCon: Steve Jobs, by Jeffrey S. Young & William L. Simon.
Jef Raskin, a former colleague, once said that Jobs "would have made an excellent king of France," alluding to Jobs' compelling and larger-than-life persona.[59]
Jobs has always aspired to position Apple and its products at the forefront of the information technology industry by foreseeing and setting trends, at least in innovation and style. He summed up that self-concept at the end of his keynote speech at the Macworld Conference and Expo in January 2007 by quoting ice hockey legend Wayne Gretzky:[60]
There's an old Wayne Gretzky quote that I love. 'I skate to where the puck is going to be, not where it has been.' And we've always tried to do that at Apple. Since the very very beginning. And we always will. —Steve Jobs
Floyd Norman said that at Pixar, Jobs was a "mature, mellow individual" and never interfered with the creative process of the filmmakers.[61]
Personal life
Jobs married Laurene Powell, on March 18, 1991. Presiding over the wedding was the Zen Buddhist monk Kobun Chino Otogowa.[62] The couple have a son, Reed Paul Jobs,[63] and two other children, Xavier and Ignatius. Jobs also has a daughter, Lisa Brennan-Jobs (born 1978), from his relationship with Bay Area painter Chrisann Brennan.[64] She briefly raised their daughter on welfare when Jobs denied paternity, claiming that he was sterile; he later acknowledged paternity.[64]
In the unauthorized biography, The Second Coming of Steve Jobs, author Alan Deutschman reports that Jobs once dated Joan Baez. Deutschman quotes Elizabeth Holmes, a friend of Jobs from his time at Reed College, as saying she "believed that Steve became the lover of Joan Baez in large measure because Baez had been the lover of Bob Dylan." In another unauthorized biography, iCon: Steve Jobs by Jeffrey S. Young & William L. Simon, the authors suggest that Jobs might have married Baez, but her age at the time (41) meant it was unlikely the couple could have children. Baez included a mention of Jobs in the acknowledgments of her 1987 memoir And A Voice To Sing With.[citation needed]
Jobs is also a Beatles fan. He has referenced them on more than one occasion at Keynotes and also was interviewed on a showing of a Paul McCartney concert. When asked about his business model on 60 Minutes, he replied:[65]
My model for business is The Beatles: They were four guys that kept each other's negative tendencies in check; they balanced each other. And the total was greater than the sum of the parts. Great things in business are not done by one person, they are done by a team of people.
In 1982, Jobs bought an apartment in The San Remo, an apartment building in New York City with a politically progressive reputation, where Demi Moore, Steven Spielberg, Steve Martin, and Princess Yasmin Aga Khan, daughter of Rita Hayworth, also had apartments. With the help of I.M. Pei, Jobs spent years renovating his apartment in the top two floors of the building's north tower, only to sell it almost two decades later to U2 frontman Bono. Jobs had never moved in.[66][67]
In 1984, Jobs purchased a 17,000-square-foot (1,600 m2), 14 bedroom Spanish Colonial mansion, designed by George Washington Smith in Woodside, California, also known as Jackling House. Although it reportedly remained in an almost unfurnished state, Jobs lived in the mansion for almost ten years. According to reports, he kept an old BMW motorcycle in the living room, and let Bill Clinton use it in 1998. Since the early 1990s, Jobs has lived in a house in the Old Palo Alto neighborhood of Palo Alto. President Clinton dined with Jobs and 14 Silicon Valley CEOs there August 7, 1996.[68]
He allowed the mansion to fall into a state of disrepair, planning to demolish the house and build a smaller home on the property; but he met with complaints from local preservationists over his plans. In June 2004, the Woodside Town Council gave Jobs approval to demolish the mansion, on the condition that he advertise the property for a year to see if someone would move it to another location and restore it. A number of people expressed interest, including several with experience in restoring old property, but no agreements to that effect were reached. Later that same year, a local preservationist group began seeking legal action to prevent demolition. In January 2007 Jobs was denied the right to demolish the property, by a court decision.[69]
He usually wears a black long-sleeved mock turtleneck made by St. Croix, Levi's 501 blue jeans, and New Balance 991 sneakers.[70] He is a pescetarian.[71]
Jobs had a public war of words with Dell Computer CEO Michael Dell, starting when Jobs first criticized Dell for making "un-innovative beige boxes."[72] On October 6, 1997, in a Gartner Symposium, when Michael Dell was asked what he would do if he owned then-troubled Apple Computer, he said "I'd shut it down and give the money back to the shareholders."[73] In 2006, Steve Jobs sent an email to all employees when Apple's market capitalization rose above Dell's. The email read:[74]
Team, it turned out that Michael Dell wasn't perfect at predicting the future. Based on today's stock market close, Apple is worth more than Dell. Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today. Steve.
In 2005, Steve Jobs banned all books published by John Wiley & Sons from Apple Stores in response to their publishing an unauthorized biography, iCon: Steve Jobs.[75]
Health concerns
In mid-2004, Jobs announced to his employees that he had been diagnosed with a cancerous tumor in his pancreas.[76] The prognosis for pancreatic cancer is usually very grim; Jobs, however, stated that he had a rare, far less aggressive type known as islet cell neuroendocrine tumor.[76] After initially resisting the idea of conventional medical intervention and embarking on a special diet to thwart the disease, Jobs underwent a pancreaticoduodenectomy (or "Whipple procedure") in July 2004 that appeared to successfully remove the tumor.[77][78] Jobs apparently did not require nor receive chemotherapy or radiation therapy.[76][79] During Jobs' absence, Timothy D. Cook, head of worldwide sales and operations at Apple, ran the company.[76]
Jobs at the 2008 Worldwide Developers Conference.In early August 2006, Jobs delivered the keynote for Apple's annual Worldwide Developers Conference. His "thin, almost gaunt" appearance and unusually "listless" delivery,[80][81] together with his choice to delegate significant portions of his keynote to other presenters, inspired a flurry of media and internet speculation about his health.[82] In contrast, according to an Ars Technica journal report, WWDC attendees who saw Jobs in person said he "looked fine";[83] following the keynote, an Apple spokesperson said that "Steve's health is robust."[84]
Two years later, similar concerns followed Jobs' 2008 WWDC keynote address;[85] Apple officials stated Jobs was victim to a "common bug" and that he was taking antibiotics,[86] while others surmised his cachectic appearance was due to the Whipple procedure.[87] During a July conference call discussing Apple earnings, participants responded to repeated questions about Steve Jobs' health by insisting that it was a "private matter." Others, however, opined that shareholders had a right to know more, given Jobs' hands-on approach to running his company.[88] The New York Times published an article based on an off-the-record phone conversation with Jobs, noting that "while his health issues have amounted to a good deal more than 'a common bug,' they weren’t life-threatening and he doesn’t have a recurrence of cancer."[89]
On August 28, 2008, Bloomberg mistakenly published a 2500-word obituary of Jobs in its corporate news service, containing blank spaces for his age and cause of death. (News carriers customarily stockpile up-to-date obituaries to facilitate news delivery in the event of a well-known figure's untimely death.) Although the error was promptly rectified, many news carriers and blogs reported on it,[90][91][92] intensifying rumors concerning Jobs' health.[93] Jobs responded at Apple's September 2008 Let's Rock keynote by quoting Mark Twain: "Reports of my death are greatly exaggerated";[94] at a subsequent media event, Jobs concluded his presentation with a slide reading "110 / 70", referring to his blood pressure, stating he would not address further questions about his health.[95]
On December 16, 2008, Apple announced that marketing vice-president Phil Schiller would deliver the company's final keynote address at the Macworld Conference and Expo 2009, again reviving questions about Jobs' health.[96][97][98] In a statement given on January 5, 2009 on Apple.com,[99] Jobs said that he had been suffering from a "hormone imbalance" for several months.[100] On January 14, 2009, in an internal Apple memo, Jobs wrote that in the previous week he had "learned that my health-related issues are more complex than I originally thought" and announced a six-month leave of absence until the end of June 2009 to allow him to better focus on his health. Tim Cook, who had previously acted as CEO in Jobs' 2004 absence, became acting CEO of Apple,[101] with Jobs still involved with "major strategic decisions."[101]
In April 2009, Jobs underwent a liver transplant at Methodist University Hospital Transplant Institute in Memphis, Tennessee.[102][103] Jobs' prognosis was "excellent".[103]
Honors
He was awarded the National Medal of Technology from President Ronald Reagan in 1985 with Steve Wozniak (the first people to ever receive the honor),[104] and a Jefferson Award for Public Service in the category "Greatest Public Service by an Individual 35 Years or Under" (aka the Samuel S. Beard Award) in 1987.[105]
On November 27, 2007, Jobs was named the most powerful person in business by Fortune Magazine.[106]
On December 5, 2007, California Governor Arnold Schwarzenegger and First Lady Maria Shriver inducted Jobs into the California Hall of Fame, located at The California Museum for History, Women and the Arts.[107]
In August 2009, Jobs was selected the most admired entrepreneur among teenagers on a survey by Junior Achievement.[108]
On November 5, 2009, Jobs was named the CEO of the decade by Fortune Magazine.[109]
In November 2009 Jobs was ranked #57 on Forbes: The World's Most Powerful People.[110]
In popular culture
Jobs was prominently featured in three films about the history of the personal computing industry:
- Triumph of the Nerds — a 1996 three-part documentary for PBS, about the rise of the home computer/personal computer.
- Nerds 2.0.1 — a 1998 three-part documentary for PBS, (and sequel to Triumph of the Nerds) which chronicles the development of the Internet.
- Pirates of Silicon Valley — a 1999 docudrama which chronicles the rise of Apple and Microsoft. He was portrayed by Noah Wyle.
Jobs has also been frequently parodied:
- Mad Magazine — a feature called Calvin and Jobs, a parody of Calvin and Hobbes, starring Steve in the role of Hobbes and his attempts to explain to Calvin his job.
- Jobs was also parodied in "Mypods and Boomsticks", a 2008 The Simpsons episode which features an adventure into the 'world' of Mapple, MyPods, and "Steve Mobbs".
- 30 Rock parodied Jobs's keynote presentation style, turtleneck and all in the episode "Cutbacks".
- The Onion featured a parody article titled "Apple Unveils New Product-Unveiling Product," which contained a picture showing Jobs introducing what appears to be another Steve Jobs.[111]
- Daniel Lyons writes a popular blog called The Secret Diary of Steve Jobs, and a book, Options: The Secret Life of Steve Jobs.
- The Cleveland Show shows Cleveland as Steve Jobs giving a keynote of a cracker phone.
- Mad TV had a skit where Steve Jobs introduces the iRack.
Notes
- ^ a b c "Smithsonian Oral and Video Histories: Steve Jobs". Smithsonian Institution. April 20, 1995. http://americanhistory.si.edu/collections/comphist/sj1.html. Retrieved September 20, 2006.
- ^ Gauvin, P and Arrington, V. (Aug 9, 1996). WAVERLEY STREET: Clinton stops by Palo Alto for dinner: Excited residents greet president in front of Steve Jobs' house. Palo Alto Online. Retrieved on: 2010-07-19.
- ^ a b "Apple — Press Info — Bios — Steve Jobs". Apple Inc.. May 2006. http://www.apple.com/pr/bios/jobs.html. Retrieved September 20, 2006.
- ^ "The Walt Disney Company and Affiliated Companies – Board of Directors". Walt Disney Company. http://corporate.disney.go.com/corporate/board_of_directors.html. Retrieved October 2, 2009.
- ^ "Putting Pay for Performance to the Test". New York Times. April 8, 2007. http://www.nytimes.com/packages/flash/business/20070408_EXECPAY_GRAPHIC/index.html.
- ^ "Apple again pays Jobs $1 salary". CNET News.com. March 13, 2006. http://www.news.com/2100-1047_3-6049166.html.
- ^ "Jobs' salary remained at $1 in 2005". AppleInsider. March 14, 2006. http://www.appleinsider.com/articles/06/03/14/jobss_salary_remained_at_1_in_2005.html.
- ^ "Steve Jobs banks his $1 salary, loses $500m". The Independent (London). January 8, 2009. http://www.independent.co.uk/life-style/gadgets-and-tech/news/steve-jobs-banks-his-1-salary-loses-500m-1232618.html. Retrieved October 2, 2009.
- ^ "The World's Billionaires". Forbes. March 10, 2010. http://www.forbes.com/lists/2010/10/billionaires-2010_Steven-Jobs_HEDB.html. Retrieved March 10, 2010.
- ^ Elkind, Peter (March 15, 2008). "The trouble with Steve Jobs". Fortune. http://money.cnn.com/2008/03/02/news/companies/elkind_jobs.fortune/index.htm. Retrieved July 21, 2008.
- ^ a b Markoff, John (September 1, 1997). "An 'Unknown' Co-Founder Leaves After 20 Years of Glory and Turmoil". New York Times. http://www.nytimes.com/1997/09/01/business/an-unknown-co-founder-leaves-after-20-years-of-glory-and-turmoil.html.
- ^ Kahney, Leander (January 6, 2004). "Wired News: We're All Mac Users Now". Wired News. http://www.wired.com/gadgets/mac/news/2004/01/61730. Retrieved September 20, 2006.
- ^ "America's Most Admired Companies: Jobs' journey timeline". CNNMoney.com. http://money.cnn.com/magazines/fortune/storysupplement/stevejobs/index.html. Retrieved May 24, 2010. Jobs and a team of engineers visit Xerox PARC, where they see a demo of mouse and graphical user interface
- ^ Vivek Kaul (May 11, 2009). "What Steve Jobs did when he was fired from Apple". DNA (newspaper). http://www.dnaindia.com/money/report_what-steve-jobs-did-when-he-was-fired-from-apple_1254757.
- ^ a b c "'You've got to find what you love,' Jobs says". Stanford Report. June 14, 2005. http://news-service.stanford.edu/news/2005/june15/jobs-061505.html. Retrieved March 31, 2006. "I didn't see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me".
- ^ "Pixar History – 1986". Pixar. http://www.pixar.com/companyinfo/history/1986.html. Retrieved April 25, 2008.
- ^ a b January 25, 2006 Disney buys Pixar for $7.4 bn, rediff.com
- ^ "The Walt Disney Company — Steve Jobs Biography". http://corporate.disney.go.com/corporate/bios/steve_jobs.html.
- ^ a b Cringely, Robert X. (April 1, 2004). "Steve Jobs – Apple Computer, Pixar". Inc. Magazine. http://www.inc.com/magazine/20040401/25jobs.html. Retrieved September 20, 2006.
- ^ Query "IN/"Jobs, Steven"" " Governmental patent database". http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-adv.htm&r=0&f=S&l=50&d=PTXT&Query=IN%2F%22Jobs%2C+Steven%22 Query "IN/"Jobs, Steven"". Retrieved June 7, 2010.
- ^ Query "IN/"Jobs, Steve"" " Governmental patent database". http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-adv.htm&r=0&f=S&l=50&d=PTXT&Query=IN%2F%22Jobs%2C+Steve%22 Query "IN/"Jobs, Steve"". Retrieved June 7, 2010.
- ^ «Mother: Clara Hagopian (adoptive mother, accountant)» — Steve Jobs biography at NNDB.
- ^ a b http://bombsite.com/issues/20/articles/947
- ^ "The non-stop revolutionary". The Guardian (London). January 29, 2006. http://www.guardian.co.uk/media/2006/jan/29/citynews.apple.
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- ^ Andy Behrendt, "Apple Computer mogul's roots tied to Green Bay", Green Bay Press-Gazette, December 4, 2005.
- ^ David Smith, "The non-stop revolutionary", The Observer (U.K.), January 26, 2006.
- ^ Rob Waugh, additional reporting by Paul Henderson, "iGod—how Apple went bad, and made billions from doing it", Daily Mail (U.K.), April 30, 2008.
- ^ "Steve Jobs, Apple's iGod: Profile", Telegraph (U.K.), January 14, 2009.
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- ^ Letters – General Questions Answered, Woz.org
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- ^ Hertzfeld, Andy. "The Times They Are A-Changin'". folklore.org. http://www.folklore.org/StoryView.py?project=Macintosh&story=The_Times_They_Are_A-Changin.txt.
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- ^ Apple Computer, Inc. Finalizes Acquisition of NeXT Software Inc., Apple Inc., February 7, 1997. Retrieved on June 25, 2006.
- ^ "The once and future Steve Jobs". Salon.com. October 11, 2000. http://archive.salon.com/tech/books/2000/10/11/jobs_excerpt/index2.html.
- ^ "Jobs announces new MacOS, becomes 'iCEO'". cnn.com. January 5, 2000. http://archives.cnn.com/2000/TECH/computing/01/05/macworld.keynote/index.html.
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- ^ "Apple Improves Recycling Plan". PC Magazine. April 21, 2006. http://www.pcmag.com/article2/0,1895,1952356,00.asp.
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- ^ Egelko, Bob (January 10, 2007). "Appeals court says Jobs can't raze Woodside mansion". San Francisco Chronicle. http://sfgate.com/cgi-bin/article.cgi?file=/c/a/2007/01/10/BAGFNNGE216.DTL.
- ^ "Gizmodo on Steve Jobs' attire". Gizmodo.com. 2006-02-28. http://gizmodo.com/gadgets/pcs/wear-the-exact-outfit-of-steve-jobs-for-458-157402.php. Retrieved 2010-04-19.
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- ^ "If Apple can go home again, why not Dell?" CNET News. May 19, 2008.
- ^ "Dell: Apple should close shop". CNET. http://www.news.com/Dell-Apple-should-close-shop/2100-1001_3-203937.html.
- ^ Markoff, John (January 16, 2006). "Michael Dell Should Eat His Words, Apple Chief Suggests". The New York Times. http://www.nytimes.com/2006/01/16/technology/16apple.html. Retrieved May 24, 2010.
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- Malone, Michael S. (1999). Infinite Loop. Aurum Press. ISBN 1-85410-638-4. Bantam Doubleday Dell. ISBN 0-385-48684-7.
- Markoff, John (2005). What the Dormouse Said: How the 60s Counterculture Shaped the Personal Computer Industry. New York: Viking. ISBN 0-670-03382-0.
- Simon, William L. & Young, Jeffrey S. (2005). iCon: Steve Jobs, The Greatest Second Act in the History of Business. John Wiley & Sons. ISBN 0-471-72083-6.
- Stross, Randall E. (1993). Steve Jobs and The NeXT Big Thing. Atheneum Books. ISBN 0-689-12135-0.
- Slater, Robert (1987). Portraits in Silicon. MIT Press. ISBN 0-262-19262-4. Chapter 28
- Young, Jeffrey S. (1988). Steve Jobs: The Journey is the Reward. Scott, Foresman & Co.. ISBN 0-673-18864-7.
- Wozniak, Steve (2006). iWoz Computer Geek to Cult Icon: How I invented the personal computer, co-founded Apple and had fun doing it. W. W. Norton & Co.. ISBN 0-393-06143-4.
External links
| Book:Apple Inc. | |
| Books are collections of articles that can be downloaded or ordered in print. | |
| Find more about Steve Jobs on Wikipedia's sister projects: | |
| Definitions from Wiktionary | |
| Textbooks from Wikibooks | |
| Quotations from Wikiquote | |
| Source texts from Wikisource | |
| Images and media from Commons | |
| News stories from Wikinews | |
| Learning resources from Wikiversity | |
- "Thirty Years of Innovation at Apple: Jobs on the Job". Time. 2007.
- Steve Jobs' executive profile at Apple.
- YouTube video of first Jobs' Macworld keynote in 1997, when he returned to Apple, where he announced partnership with Microsoft.
- Jobs’s commencement address at Stanford University, June 12, 2005 (YouTube video).
- Steve Jobs at the Internet Movie Database
- "Thoughts on Music" by Steve Jobs, February 6, 2007.
Articles
- Anecdotes from Steve Jobs' early days in Apple as reported by Andy Hertzfeld. Folklore.org.
- Lohr, Steve (January 12, 1997). "Creating Jobs". New York Times Magazine. http://query.nytimes.com/gst/fullpage.html?res=9F04EED71139F931A25752C0A961958260. Retrieved October 27, 2007.
- Booth, Cathy (August 18, 1997). "Steve's job: restart Apple". Time. http://www.time.com/time/magazine/article/0,9171,986849,00.html. Retrieved October 27, 2007.
- Elkind, Peter (March 5, 2008). "The trouble with Steve Jobs". Fortune. http://money.cnn.com/2008/03/02/news/companies/elkind_jobs.fortune/index.htm?postversion=2008030513. Retrieved March 5, 2008.
Interviews
- Smithsonian Institution Oral History InterviewPDF (143 KB) — April 20, 1995.
- Steve Jobs: The Rolling Stone Interview, Rolling Stone – December 3, 2003.
- The Seed of Apple's Innovation, BusinessWeek — October 12, 2004.
- How Big Can Apple Get?, Fortune — February 21, 2005.
- ‘Good for the Soul’ at the Wayback Machine (archived October 22, 2006)., Newsweek — October 15, 2006.
- Bill Gates and Steve Jobs (video and transcript of on stage interview), All Things D – May 30, 2007.
- Videotaped Deposition of Steven P. Jobs in front of the Securities and Exchange Commission – March 18, 2008
| Business positions | ||
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| Preceded by Gil Amelio | CEO of Apple 1997–present | Succeeded by Incumbent |
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| Persondata | |
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| NAME | Jobs, Steve |
| ALTERNATIVE NAMES | Jobs, Steven Paul |
| SHORT DESCRIPTION | CEO and Co-Founder of Apple Inc. |
| DATE OF BIRTH | February 24, 1955 |
| PLACE OF BIRTH | San Francisco, California, U.S. |
| DATE OF DEATH | |
| PLACE OF DEATH | |
Categories: American billionaires | American Buddhists | American chief executives | American vegetarians | Businesspeople in software | Businesspeople from California | Computer designers | Computer pioneers | Directors of Apple Inc. | Disney people | Internet history | National Medal of Technology recipients | NeXT | Organ transplant recipients | Pancreatic cancer survivors | People from the San Francisco Bay Area | Pixar people | Reed College alumni | Steve Jobs | American people of Syrian descent | American adoptees | 1955 births | Living people
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Mon, 12 Jul 2010 22:08:59 GMT+00:00
Doesn't Care About China [Lenovo Chairman Says That Apple ... TFTS (blog) Chaunzhi said that [ Steve Jobs ] doesn't care about China. We are lucky that Steve Jobs has such a bad temper and doesn't care about China. ... Lenovo: We'd be in trouble if Apple focused more on China The Media Kings (blog)
William Wei
ue, 20 Jul 2010 18:59:00 GM
Taiwanese news agency NMA News just made another awesome animated video; this time with . Steve Jobs. and "Antennagate." Here's the run down: . Steve Jobs. defeats Bill Gates and Microsoft in a light-saber duel and becomes the new Darth Vader ...
Q. I know that in 1997 Steve Jobs and Bill Gates signed a contract giving Microsoft a share of Apple computers. Since Apple has taken off and made money and has a substantial share it in the Computer and Phone market did Jobs re-neg on his deal with Microsoft? If not why hasn't he as we all know Bill Gates reneged on him the mid 1980's when he stole Apple's operating system.
Asked by Terminator - Sun May 2 19:19:32 2010 - - 1 Answers - 0 Comments
A. From Apple's 2003 10-K stock filing: "In August 1997, the Company [Apple] and Microsoft Corporation (Microsoft) entered into patent cross license and technology agreements. In addition, Microsoft purchased 150,000 shares of Apple Series A nonvoting convertible preferred stock ("preferred stock") for $150 million. These shares were convertible by Microsoft after August 5, 2000, into shares of the Company's common stock at a conversion price of $8.25 per share. During 2000, 74,250 shares of preferred stock were converted to 9 million shares of the Company's common stock. During 2001, the remaining 75,750 preferred shares were converted into 9.2 million shares of the Company's common stock."[1] According to a blog (sorry, couldn't find any… [cont.]
Answered by Dori - Mon May 10 18:19:48 2010


