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Stock impact report

Steve Jobs sold his Volkswagen to raise $1,300 for Apple's first computer—he became a millionaire just two years later at 23 [Fortune]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Fortune
If it wasn't for a Volkswagen bus and a calculator, Apple might never have existed. At the time, late cofounder Steve Jobs was in his early 20s and strapped for cash, but hooked on the idea that everyone should be able to own a home computer. The only problem? Like many founders, he didn't have enough money to bring his vision to life. Recommended Video So Jobs sold off his Volkswagen bus while fellow cofounder Steve Wozniak got money for his programmable calculator, raising $1,300 to pay for the prototype's parts. And the first Apple computer, Apple I, was born on April Fools Day in 1976. The sacrifice paid off: A local computer dealer placed a $50,000 order for 100 units soon after it launched, with the product mainly bought up by hobby enthusiasts. But it made the entrepreneurial duo enough money to create Apple II for the mass market—the first personal computer to include a keyboard and color graphics. A year after its 1977 debut, it made nearly $3 million. “I was worth a Show less Read more
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