Today in Apple history: The end of Apple’s worst ever financial quarter

By

1996_losses
Yep, Apple wasn't always a global behemoth.
Photo: Ste Smith/Cult of Mac

Monday 27 27 June 1997 marked the last day in the worst financial quarter in Apple history, in which Apple lost $56 million — effectively bringing an end to then-CEO Gil Amelio’s 500 days running the company.

The $56 million loss contributed to an overall Apple loss of $1.6 billion during Amelio’s reign: effectively wiping out every cent of profit Cupertino had earned since fiscal 1991. In other words — ouch!

Hello Sitter, Perchang, and other awesome apps of the week

By

appsoftheweek_1024
'Appy weekend
Photo: Ste Smith/Cult of Mac

It’s the weekend again, and what better way to spend the remaining hours of Sunday than by checking out the best new apps — and major app updates — to hit the App Store? From a stunning real-time feed of Earth from space to a tremendous Rube Goldberg-style puzzler, you’re almost certain to find something of interest in this week’s picks.

Check them out below.

Today in Apple history: Original Apple I sells for big bucks at auction

By

A working Apple-1 is worth a small fortune these days.
A working Apple 1 will set you back a small fortune.
Photo: Auction Team Breker

Friday24On June 24, 2013, an Apple I — the first ever computer built by Apple Computer, Inc. — was listed for auction by international auction house Christie’s.

Thought to be one of the first 25 units to be built by Steve Jobs and Steve Wozniak in the late 1970s, the unit featured no Apple logo, but rather a signature from Woz, who designed the machine. It sold for an impressive $390,000, ranking it among the most expensive computers ever sold.