Steve Jobs, Apple

Monday 2nd February 2009

Name: Steven Paul Jobs
Company: Apple
Industry: Computers
Net worth: $5.4bn
Income: $1-a-year
Education: Cupertino Junior High School and Homestead High School, California; Reed College, in Oregon
Previous appointments: Technician at Atari, the video game manufacturer
First job: Hewlett Packard, California, as a summer employee
Big break: Aged 16, being introduced by a mutual friend to 21-year-old Steve Wozniak, the co-founder of Apple

Steve Jobs is the co-founder and CEO of Apple. 
He was born in Green Bay, Wisconsin in February 24, 1955, to an Egyptian Arab father.


Jobs is best known for creating one of the first personal computers that went on to be commercially successful. In 1972, he graduated from Homestead High School in Cupertino, California and enrolled in Reed College in Portland, Oregon. He dropped out soon after. Always interested in computing and technology, the young man took up a job at Atari Inc. which was a leading manufacturer of video games. He was introduced to a fellow designer Steve Wozniak by a mutual friend, a meeting that was possibly one of the most important of his life. Wozniak and Jobs struck up a friendship and began developing systems of their own. Shortly afterwards Jobs travelled to India with a friend as part for a journey to ‘find himself’.


He returned and encouraged Wozniak to quit his job at Hewlett Packard and join him in a venture involving personal computers. 
Jobs was just 21 - and Wozniak, 26 - when they founded Apple Computer Co in 1976. Their first computer was sold for $666.66. 
Jobs later managed to recruit John Scully of Pepsi to head the marketing function in Apple.


A disagreement between the Apple board and Scully later prompted Jobs to resign. He then set about on a new venture which involved changing the hardware industry.


He set up a new company called NeXTStep and machine called NeXT Computer. 
Despite investing $250m, the machine was a commercial failure. However, 
Tim Berners-Lee developed the original World Wide Web system at CERN on a NeXT machine. Jobs finally accepted an offer from Apple for the company.


He eventually rejoined Apple and began to focus on the music industry. He introduced the iPod in 2003. Later he came up with iTunes, a digital jukebox. More than a million iPods have now been sold.
Jobs takes home an annual salary of $1 from Apple, although he earns many millions of pounds from his shareholdings and other investments.


He is also the former CEO of Pixar Animation Studios, which he acquired in 1986 from Lucasfild Ltd.The company was bought in 2006 by the Walt Disney Company. Jobs is the company’s largest individual shareholder.


He recently announced he was taking some time of from Apple due to health issues.


Steve Jobs lives with wife, Laurene Powell, and the couple’s three children in Silicon Valley.


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