September 26, 1997: In one of his first tasks after returning to Apple as interim CEO, Steve Jobs reveals the company’s massive quarterly loss of $161 million. It’s Apple’s biggest loss ever.
Giving investors the bad news is miserable, but things are about to change dramatically for Cupertino.
September 16, 1985 and 1997: Twice on this day, Apple co-founder Steve Jobs makes significant moves with regard to his career at the company. In 1985, he leaves Apple after a failed boardroom coup. Then, a little more than a decade later, he officially returns to Apple as its new interim CEO.
In terms of the emotions associated with those historic occasions, it’s hard to think of two more polarizing days in Jobs’ life.
May 18, 2006: The world — and, more specifically, the Apple-watching press — gets its first glimpse of the swanky new Fifth Avenue Apple Store in New York City.
Previously hidden behind a black plastic wrapper during development, that all changes a day before the store’s grand opening. Workers remove the covering to reveal a 32-foot glass cube adorned with a floating, white Apple logo. At 10 a.m., members of the press get an exclusive tour of the new venue.
May 11, 1998: As part of his mission to turn Apple around, CEO Steve Jobs spells out the company’s strategy for the Mac operating system going forward. The big news is that Apple is hard at work creating a major new operating system called OS X, he says at Apple’s Worldwide Developers Conference in San Jose, California.
However, first the company will ship Mac OS 8.5 and the first customer release of an OS called Rhapsody that fall.
April 28, 2003: Apple opens the iTunes Music Store, revolutionizing the music industry and digital distribution of content.
At a time when getting music online mostly means illegal downloads from pirate services like Napster, iTunes quickly proves that customers will pay for songs — provided the service is good enough.
April 25, 1990: Steve Jobs shuts down Pixar’s hardware division (yes, it used to have one!), ending production of the pricey Pixar Image Computer immediately.
Jobs sells the company’s hardware unit to Fremont, California-based imaging company Vicom Systems for a paltry $2 million.
The iPhone packed a lot into its first astonishing decade. Not only has the device itself evolved significantly since its promising-but-by-no-means-perfect beginnings, but it’s transformed Apple’s business — and many of our very lives — in the process.
All this week, Cult of Mac’s “iPhone Turns 10” series will look at the innovative device’s massive impact on worldwide culture. The iPhone, which launched on June 29, 2007, truly changed the world.
What iPhone milestones have passed since Steve Jobs introduced this stunning hybrid device, which combined a widescreen iPod with touch controls, a revolutionary mobile phone, and a breakthrough internet communications device? Check out our handy guide to 10 years of iPhone history.
September 6, 2007: Apple deals with its first iPhone PR crisis, as early adopters complain about the company dropping the price of its new smartphone by $200 just two months after introducing it.
In response, Apple CEO Steve Jobs offers affected customers a $100 credit, which can be used toward the purchase of any Apple store product.
“Our early customers trusted us, and we must live up to that trust with our actions in moments like these,” he writes in an open letter to iPhone customers published on the Apple website.
August 23, 2002: Apple ships Mac OS X Jaguar, the third major release of OS X and the first to publicly adopt the cat-themed code name it had been known by inside the company.
The $129 operating system is well-received by Mac users, who correctly view it as the most stable version of OS X yet — and with a few neat features, to boot.
August 17, 1944: Larry Ellison, billionaire co-founder and former CEO of Oracle, and Steve Jobs’ best friend, is born.
A later member of the Apple board of directors and the closest thing Jobs had to a confidante, in the 1990s Ellison even considered staging a hostile takeover of Apple to reinstall Jobs as CEO during his time away from the company.
Jobs’ son, Reed, reportedly referred to Ellison as, “our rich friend.”
August 16, 2013: JOBS, the Steve Jobs biopic starring Ashton Kutcher, lands in theaters.
The first of two competing Jobs movies (the second one was the Aaron Sorkin version, based on Walter Isaacson’s best-selling biography), the movie receives polarizing reviews from critics, but fails to make an impact at the box office — where it earns just $6.7 million in its first weekend.
July 14, 2008: Apple crows that its newly opened App Store hit a massive 10 million downloads in its first 72 hours.
“The App Store is a grand slam, with a staggering 10 million applications downloaded in just three days,” Steve Jobs said in a statement issued eight years ago today. “Developers have created some extraordinary applications, and the App Store can wirelessly deliver them to every iPhone and iPod touch user instantly.”
July 7, 1997: Apple CEO Gil Amelio officially steps down from his role, turning the company over to the returning Steve Jobs, who immediately begins making his presence felt.
If you’re looking to pinpoint a turning point when Apple began the transition from the ailing company it was in the first half of the 1990s to the powerhouse it is today, this is it!
July 6, 2011: Amazon wins a landmark verdict against Apple over its proprietary use of the term “App Store” — opening up the possibility of other rival services calling their own app stores by the phrase Apple had helped popularize.
The case highlights just how central the concept of downloadable apps had become to the mobile experience, only three years after Apple launched its iOS App Store.
July 1, 1976: The Apple 1 goes on sale, becoming the first computer ever sold by the Apple Computer Company.
Arriving the same month Jimmy Carter was nominated for U.S. president, Family Feud debuted on TV, and the United States celebrated the 200th anniversary of its Declaration of Independence, the Apple 1 is only produced in small numbers, and sells for the unusual price of $666.66.
On 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.
Sometimes affectionately called the “cheese grater,” the original Power Mac G5 first went on sale on June 23, 2003 — offering what was then Apple’s fastest-ever machine and the world’s first 64-bit personal computer.
Check out the video of Steve Jobs introducing the computer 13 years ago today.
iOS 4 was not only the last version of Apple’s mobile operating system released during Steve Jobs’ life, it was also a significant step up in terms of the software’s productivity features.
Watch Jobs introduce it in the video below, which was recorded on June 21, 2010.
There was, to put it mildly, a lot that was insanely great about Steve Jobs’ return to Apple. But one thing that always struck me as less than good from an Apple fan’s perspective was that he stopped giving revealing in-depth interviews.
As his ability to command the narrative increased, Apple’s CEO understandably shifted away from playing the media hound he’d been for the first part of his career, where he’d speak with often painful honesty to seemingly any magazine that would have him. One of his last such interviews? The one that appeared in the June 16, 1994, edition of Rolling Stone.