Apple Computer was founded by Steve Jobs and Steve Wozniak
On this day · 1 April 1976
On April Fools' Day 1976 three men signed a partnership to sell a hand-built computer board for $666.66.
On April 1, 1976, Steve Jobs, Steve Wozniak, and a third partner, Ronald Wayne, signed an agreement forming the Apple Computer Company. Their first product was the Apple-1, a hand-built circuit board Wozniak had designed, priced at a memorable $666.66. The deal split ownership three ways: Jobs and Wozniak took 45 percent each, Wayne the remaining 10 percent.
Wayne’s stake did not last. Wary of the debts a fledgling venture might run up, he sold his share back to the two Steves for $800 less than two weeks later — a decision that, against Apple’s later valuation, became one of history’s costliest cases of cold feet.
A company that would reshape personal computing began as a three-man partnership and a board built in a garage.
Apple was not incorporated until the following January, but the partnership signed that spring marks the true beginning of the firm.
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