San Francisco, California
American business executive, computer programmer, and entrepreneur
Computer designer and corporate executive Steve Jobs is cofounder of Apple Computers. With his vision of
Steve Jobs. Reproduced by permission of the Corbis Corporation.
Steve Jobs.
Reproduced by permission of the
Corbis Corporation
.
affordable personal computers, he launched one of the largest industries of the past decades while still in his early twenties. He remains one of the most inventive and energetic minds in American technology.
Early life
Steve Jobs was born in San Francisco, 1955, to two university students Joanne Schieble and Syrian-born John Jandali. They were both unmarried at the time, and Steven was given up for adoption.
Steven was adopted by Paul and Clara Jobs, whom he always considered to be his real parents. Steven’s father, Paul, encouraged him to experiment with electronics in their garage. This led to a lifelong interest in electronics and design.
Jobs attended a local school in California and later enrolled at Reed College, Portland, Oregon. His education was characterised by excellent test results and potential. But, he struggled with formal education and his teachers reported he was a handful to teach.
As a child, Jobs preferred doing things by himself. He swam competitively, but was not interested in team sports or other group activities. He showed an early interest in electronics and gadgetry. He spent a lot of time working in the garage workshop of a neighbor who worked at Hewlett-Packard, an electronics manufacturer.
Jobs also enrolled in the Hewlett-Packard Explorer Club. There he saw engineers demonstrate new products, and he saw his first computer at the age of twelve. He was very impressed, and knew right away that he wanted to work with computers.
While in high school Jobs attended lectures at the Hewlett-Packard plant. On one occasion he boldly asked William Hewlett (1931–2001), the president, for some parts he needed to complete a class project. Hewlett was so impressed he gave Jobs the parts, and offered him a summer internship at Hewlett-Packard.
Steve Jobs in India
In 1974, Jobs travelled with Daniel Kottke to India in search of spiritual enlightenment. They travelled to the Ashram of Neem Karoli Baba in Kainchi. During his several months in India, he became aware of Buddhist and Eastern spiritual philosophy. At this time, he also experimented with psychedelic drugs; he later commented that these counter-culture experiences were instrumental in giving him a wider perspective on life and business.
Founding and Leaving Apple Computer
In 1976, when Jobs was just 21, he and Wozniak started Apple Computer in the Jobs’ family garage. They funded their entrepreneurial venture by Jobs selling his Volkswagen bus and Wozniak selling his beloved scientific calculator. Jobs and Wozniak are credited with revolutionizing the computer industry with Apple by democratizing the technology and making machines smaller, cheaper, intuitive and accessible to everyday consumers.
Wozniak conceived of a series of user-friendly personal computers, and — with Jobs in charge of marketing — Apple initially marketed the computers for $666.66 each. The Apple I earned the corporation around $774,000. Three years after the release of Apple's second model, the Apple II, the company's sales increased by 700 percent to $139 million.
In 1980, Apple Computer became a publicly traded company, with a market value of $1.2 billion by the end of its very first day of trading. Jobs looked to marketing expert John Sculley of Pepsi-Cola to take over the role of CEO for Apple.
The next several products from Apple suffered significant design flaws, however, resulting in recalls and consumer disappointment. IBM suddenly surpassed Apple in sales, and Apple had to compete with an IBM/PC-dominated business world.
Life After Apple
On leaving Apple, Jobs founded NeXT computers. This was never particularly successful, failing to gain mass sales. However, in the 1990s, NeXT software was used as a framework in WebObjects used in Apple Store and iTunes store. In 1996, Apple bought NeXT for $429 million.
Much more successful was Job’s foray into Pixar – a computer graphic film production company. Disney contracted Pixar to create films such as Toy Story, A Bug’s Life and Finding Nemo. These animation movies were highly successful and profitable – giving Jobs respect and success.
In 1996, the purchase of NeXT brought Jobs back to Apple. He was given the post of chief executive. At the time, Apple had fallen way behind rivals such as Microsoft, and Apple was struggling to even make a profit.
Reinventing Apple
In 1997, Jobs returned to his post as Apple's CEO. Just as Jobs instigated Apple's success in the 1970s, he is credited with revitalizing the company in the 1990s.
With a new management team, altered stock options and a self-imposed annual salary of $1 a year, Jobs put Apple back on track. Jobs’ ingenious products (like the iMac), effective branding campaigns and stylish designs caught the attention of consumers once again.
In the ensuing years, Apple introduced such revolutionary products as the Macbook Air, iPod and iPhone, all of which dictated the evolution of technology. Almost immediately after Apple released a new product, competitors scrambled to produce comparable technologies.
Apple's quarterly reports improved significantly in 2007: Stocks were worth $199.99 a share—a record-breaking number at that time — and the company boasted a staggering $1.58 billion profit, an $18 billion surplus in the bank and zero debt.
Personal life
In 1991, he married Laurene Powell, together they had three children and lived in Palo Alto, California.
In 2003, he was diagnosed with Pancreatic Cancer. Over the next few years, Jobs struggled with health issues and was often forced to delegate the running of Apple to Tim Cook. In 2009, he underwent a liver transplant, but two years later serious health problems returned. He worked intermittently at Apple until August 2011, where he finally retired to concentrate on his deteriorating health. He died as a result of complications from his pancreatic cancer, suffering cardiac arrest on 5 October 2011 in Palo Alto, California
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