Word: wozniak
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Dates: during 1980-1989
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Jobs (rhymes with lobs) did not make the revolution alone. He did not even make the machine that made the revolution, the Apple II, the personal computer that along with its other skills seemed to mint money. Stephen Wozniak, 32, Jobs' friend and former colleague who looks like a Steiff Teddy bear on a maintenance dose of marshmallows, created the Apple II. He worked from some pre-existing technology, scaling it down radically and making it affordable to consumers as well as corporations. "Steve didn't do one circuit, design or piece of code," says Wozniak, who was widely regarded...
...Hewlett-Packard, the big electronics firm. One day he boldly called William Hewlett, the president, to ask for some equipment for a machine he was building. Impressed, Hewlett gave it to him and helped arrange summer employment. One of Jobs' best friends at the time was Stephen Wozniak. Pooling their talents, the two Steves built and sold so-called blue boxes, which were illegal electronic attachments for telephones that allowed users to make long-distance calls for free. On one occasion, Wozniak called the Vatican and, pretending to be Henry Kissinger, asked for Pope Paul VI. As Wozniak tells...
...Wozniak, the new machine was simply a gadget to show his fellow computer buffs. Jobs, in contrast, saw the commercial potential of the machine that could help families do their personal finance or small businesses control inventories, and he urged that they form a company to market the computer. The two raised $1,300 to open a makeshift production line by selling Jobs' Volkswagen Micro Bus and Wozniak's Hewlett-Packard scientific calculator. Jobs, recalling a pleasant summer that he spent working in the orchards of Oregon, christened the new computer Apple...
Valentine mentioned the company to A.C. Markkula, 40, a former marketing manager at Intel, a computer-chip manufacturer. When Markkula offered his expertise and $250,000 of his own money, Jobs and Wozniak made him an equal partner. Markkula helped arrange a credit line with the Bank of America and persuaded two venture capital firms to invest in Apple...
...addition to developing new products, Apple will have to prove that it has the management talents needed in a firm that this year will join the ranks of the Fortune 500. Though Wozniak remains a major shareholder, he has dropped out of company affairs and returned to Berkeley to finish his studies. Markkula plans to retire within two years to spend more time with his family. Jobs, who had the vision to build one of America's foremost companies from a hobbyist's toy, must show that he has the foresight and ability to guide a major corporation...