Wednesday, November 2, 2011

Steve Job

Steven Paul Jobs was co-founder, chairman, and chief executive officer of Apple Inc. Steve Jobs was co-founder and formerly served as chief executive of Pixar Animation Studios. Steven Paul Jobs was born on February 24, 1955 in San Francisco and adopted at birth by Paul Jobs and Clara Jobs. Clara worked as an accountant and Paul was a Coast Guard veteran and machinist. The family lived in Mountain View within California's Silicon Valley. As a boy, Jobs and his father would work on electronics in the family garage.
After high school, Jobs enrolled at Reed College in Portland, Oregon. Deficient direction, he dropped out of college after six months and used up the next 18 months reducing in on creative classes. Jobs later recounted how one course in calligraphy developed his love of typography. In 1976, when Jobs was just 21, he and Wozniak started Apple Computers. The twosome started in the Jobs family garage, and funded their entrepreneurial venture after Jobs sold his Volkswagen bus and Wozniak sold his beloved scientific calculator.
Their first model, the Apple I, earned them $774,000. Three years after the release of their second model, the Apple II, sales improved 700 percent to $139 million dollars. In 1980, Apple Computer became a publically traded company with a market value of $1.2 billion on the very first day of trading. Steve Jobs looked to marketing expert John Scully of Pepsi-Cola to help fill the role of Apple's President.
However, the next a number of products from Apple suffered momentous design flaws resulting in recalls and consumer disenchantment. IBM suddenly surpassed Apple sales, and Apple had to compete with an IBM/PC dominated business world. Scully believed Jobs was hurting Apple, and executives began to point him out. In 1985, Jobs resigned as Apple's CEO to begin a new hardware and software company called NeXT, Inc. The following year Jobs purchased an animation company from George Lucas, which later became Pixar Animation Studios.
Despite Pixar's success, NeXT, Inc. floundered in its attempts to sell its specialized operating system to mainstream America. Apple eventually bought the company in 1997 for $429 million. That same year, Jobs returned to his post as Apple's CEO. Much like Steve Jobs instigated Apple's success in the 1970s; he is credited with revitalizing the company in the 1990s. With a new management team, altered stock options, and a self-imposed annual salary of $1 a year, Jobs put Apple back on track. His ingenious products such as the iMac, effective branding campaigns, and stylish designs caught the attention of consumers once again.
In 2003, Jobs discovered he had a neuroendocrine tumor, a rare but operable form of pancreatic cancer. Instead of immediately opting for surgery. In August 2011, Jobs resigned as CEO of Apple, but remained at the company as chairman of the company's board
On October 5, 2011, Apple Inc. announced that co-founder Steve Jobs had died. He was 56 years old at the time of his death.
Apple introduced such innovative products as the Macbook Air, iPod, iPad and iPhone, all of which have dictated the advancement of modern technology.

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