Apple's Ultimate Tech Legacy: From Garage to Trillion-Dollar Empire

0:00It's April 3rd. Welcome in. This is Sydney News Today, where local news meets AI. I'm Cory with the story. 50 years ago, on April 1st, 1976, two Steve's changed the game forever. Steve Jobs, a 21-year-old college dropout, and Steve Wozniak, a 25-year-old engineer at Hewlett Packard, signed a simple two-page deal to start Apple Computer Company. They each took 45% stakes, leaving 10% for their advisor, Ron Wayne. That hippie nerd duo built it from a garage in Silicon Valley, no joke. Early days were rough, but Apple went public in 1980, turning a $2,200 investment into over $5.5 million today after splits. Then came the Macintosh in 1984, with its mouse and graphics that blew minds, hyped by that iconic Super Bowl ad. Sales boomed at first, but high prices like $2,500 led to struggles and layoffs. Jobs got pushed out in 1985,

1:02after clashing with CEO John Scully, selling most of his shares in betrayal. Apple cycled through leaders, lost ground to cheaper PCs, and fought Microsoft in court for years. By 1997, losses piled up, and they bought Jobs's next T for $4.28 million, just to get a software. Jobs returned as advisor, then CEO, striking a $150 million deal with Microsoft rival Bill Gates. He dropped the colorful iMac, then the iPod in 2001 that killed CDs, and the game-changing iPhone in 2007. Over 3 billion iPhones later, they drive half of Apple's $416 billion in yearly revenue. Today, Apple's worth $3.7 trillion. 10 times more since Jobs passed in 2011. 10 Cook keeps the Empire steady, proving that April Fools' prank turned into the ultimate tech legacy, still inspiring the crazy ones who think, different.