Today in Apple history: Apple co-founder quits and cashes in his stake for $800

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Ron Wayne: today, and when he co-founded Apple in 1976
Ron Wayne today and when he co-founded Apple in 1976.
Photo: Ron Wayne

April 12: Today in Apple history: Apple co-founder Ron Wayne quits and cashes in his stake for $800 April 12, 1976: Apple’s third co-founder, a former Atari colleague of Steve Wozniak’s named Ron Wayne, cashes in his Apple shares for just $800.

Wayne, who owns a 10 percent stake in the company, throws in the towel after worrying that he doesn’t have the time or energy to properly invest in Apple. He later receives an extra $1,500 check to seal the deal. When he cashes it, he loses out on an investment worth billions.

Today in Apple history: Apple-1 starts a revolution

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Apple-1
The Apple-1 in all its glory!
Photo: Auction Team Breker

April 11: Today in Apple history: First Apple computer, Apple-1 launches April 11, 1976: Apple releases its first computer, the Apple-1.

Designed and hand-built by Steve Wozniak, the computers are sold wholesale by “Steven” Jobs. To finance their manufacturing, Wozniak sells his HP-65 calculator for $500, while Jobs sells his VW van. Years later, in 2014, a working Apple-1 will sell at auction for $905,000.

Steve Wozniak is quitting Facebook over data concerns

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Steve Wozniak wax sculpture fake eyes
Steve Wozniak is no fan of Facebook.
Photo: Madame Tussauds

Apple co-founder Steve Wozniak says that he is leaving Facebook over the continuing concern about its abuse of user data.

“Users provide every detail of their life to Facebook and … Facebook makes a lot of advertising money off this,” Woz told USA Today. “The profits are all based on the user’s info, but the users get none of the profits back.”

Today in Apple history: Apple is founded by Steve Jobs, Woz and Ron Wayne

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Apple logo
The original Apple logo, designed by Ron Wayne.
Photo: Apple

April 1: Today in Apple history: Apple founded by Steve Jobs, Steve Wozniak and Ron Wayne April 1, 1976: The Apple Computer Company gets its start as founders Steve Jobs, Steve Wozniak and Ronald Wayne set out to sell the $666 Apple-1 computer.

Apple will not officially become a corporation until January 3 the following year, by which time Wayne is no longer a part of the business.

Today in Apple history: Homebrew Computer Club meets for first time

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Steve Jobs and Steve Wozniak make important connections at the Homebrew Computer Club.
Steve Jobs and Steve Wozniak learned valuable lessons at Homebrew.
Photo: Apple

March 3: Today in Apple history: Homebrew Computer Club meets for first time March 3, 1975: The Homebrew Computer Club, a hobbyist group that helps spark the personal computing revolution, holds it first meeting in Menlo Park, California.

A forum for computer geeks at a time when few others cared, regular attendee Steve Wozniak and his friend Steve Jobs will eventually show off the first Apple-1 unit at the club.

Woz got scammed out of $70,000 worth of bitcoin

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The Woz has the magic touch with computers.
Woz could've been rich off bitcoin, now he's just rich off Apple.
Photo: Reddit

Apple co-founder Steve Wozniak has a cautionary tale for people hoping to strike it rich off bitcoin.

During an appearance at the Economic Times global business summit, Woz admitted that he had been scammed out of several bitcoin worth about $70,000 earlier this year by falling for a common fraud tactic that can happen to any bitcoin buyer.

Steve Jobs job application hits auction block for $50,000

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Steve Jobs
Jobs during the early days of Apple.
Photo: Apple

Steve Jobs probably never had to fill out a job application after founding Apple Computer Inc., but if you want proof that he was once some regular Joe, one of his last job applications is up for auction.

A signed copy of Steve’s job application is expected to fetch as much as $50,000 at an auction next month. The document is a single 8.5 x 11-inch paper questionnaire filled out in Steve’s own handwriting.

Take a look at the full document:

Today in Apple history: Steve Wozniak survives a plane crash

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The Woz tells it like it is.
A plane crash marked the beginning of a leave of absence for Woz.
Photo: Universal Pictures

February 7: Today in Apple history: Steve Wozniak survives a plane crash February 7, 1981: Apple co-founder Steve Wozniak is involved in a serious plane crash, resulting in his first lengthy leave of absence from the company.

At the time, Wozniak is flying a turbocharged single-engine, six-seat Beechcraft Bonanza A36TC. In the plane with Woz is his fiancé, Candi Clark, her brother and her brother’s girlfriend. Fortunately, nobody dies in the crash, although Woz suffers minor head injuries.

Today in Apple history: Steve Wozniak leaves Apple

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Steve Wozniak wax sculpture fake eyes
Woz was upset at the lack of respect shown to the Apple II division.
Photo: Madame Tussauds

February 6: Today in Apple history: Steve Wozniak leaves Apple February 6, 1985: Frustrated by Apple’s shifting priorities, co-founder Steve Wozniak leaves the company to pursue outside interests.

His departure from Apple — which comes the same year that Steve Jobs leaves to form NeXT — represents a big change for the company. It is brought about by Woz’s dissatisfaction at how the Apple II division is treated, and his desire to start a new company.