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The Apple Revolution

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Steve Jobs and Steve Wozniak were perhaps two of the biggest innovative thinkers the world has ever seen. Their vision was so futuristic, one could only stand in awe and watch them create history. Jobs and Wozniak were first introduced to each other way back in the year 1971, by Bill Fernandez, who went on to become one of the first Apple employees. They became really close because of their shared love for technology and of course, pranks.

In fact, the two did not join forces for technology, but for their shared love for out of the box pranks. They would create extraordinarily provocative art which ended up being displayed at a graduation ceremony. They went so far as to almost be able to call the Pope in Vatican.

Eventually, like everyone else, the two pranksters grew tired of their ways and decided to focus on their love for technology like they had planned. Their first groundbreaking entry into the world of innovation was by creating “blue boxes,” a system which enabled people to make long distance calls for free.

In 1975, the two Steves attended the Homebrew Computer Club together, a computer hobbyist group which gathered at California’s Menlo Park. It was here, Woz first saw the MITS Altair, which today looks like little more than a box of lights and circuit boards. The two were inspired by the build it yourself approach followed by MITS (the Altair came as a kit) to make something simpler for the rest of the world. This philosophy continues to shine through in Apple’s products even today.

The first Apple computer, Apple 1, was created by Woz as a means of competition to show off what he could do with such limited resources. However, little did Woz know that Jobs would like the archetype so much, he would use it for all future Apple products. Woz built everything at Apple with his own hands and he wanted to actually sell the devices for a little more than the products used to build the devices.

However, Jobs had a bigger (and better) plan for Apple altogether. Jobs cracked a deal with the Byte Shop in Mountain View to supply it with 50 computers priced at $ 500 each. This meant, once the store had taken its cut, the Apple 1 sold for $ 666.66. The legend is that Wozniak liked repeating numbers and was unaware of the ‘number of the beast’ connection.

The Byte Shop was going on a limb for Jobs and Wozniak. The fact was, neither did Apple Computers Inc., have the resources to fulfill the order, nor did they have enough Apple I computers. A bank turned down their request for a loan and even the $ 5,000 they received from a friend’s father was not enough to fund the project. In the end, it was Byte’s purchase order that sealed the deal for the Apple founders. Jobs was banking on this order to see them through the end of the project. While the project went through, this risk taking factor became the main reason for one of the first employees of Apple to quit.

Despite the fact that only 200 Apple 1 computers were produced, the success in itself was so high, the team was able to bankroll the Apple 2 project. Once developed, this piece of technology, worth a little over $ 100, was selling a piece of hardware worth ten times that much. This in itself was uncharted territory for Apple as a company. Unfortunately, even with the right software, the Apple 2 could not have been a huge success as it did not adhere to the Company’s already established high standards.

More importantly, Apple 2 was the first computer to use colour graphics in the right way. Apple had designed a computer which embodied what we came to expect of desktop machines through the 1980s, 1990s and the first few years of this century. This was the beginning of everything, before Apple turned things on its head again and moved increasingly toward sealed boxes without the option for internal expansion.

The Apple 1, 2 and 3 were text based machines. The stupendous success of these two brilliant geniuses had left everyone wondering about the future of the Company. They did not have to wait long. Jobs desperately wanted to do something innovative and he got his break when working with the Lisa. From there on, he went on to create the Macintosh, which in itself was a massive revolution.

However, the original Macintosh required a lot of renovations needed to make it a success. For instance, it did not have an internal hard drive and this was cited as a massive problem. After several tweaks and modifications, the Macintosh 2 came into being. This was a massive success instantly at the time of its launch, beating Microsoft, which was the best selling software at the time.

Apple progressed through the years in leaps and bounds. Despite having lost one of the original founders (Ronald Wayne,) Woz took forward the Apple tradition by creating something truly brilliant. From just being a contraption of sorts, Apple products progressed to something far more sophisticated and sleek. Each design was worth taking note of and keeping a watch on the market and the market trends. From the Apple 1 versions, to the iPods and the iMacs of the current world, Apple has come a long way.

Through the years, Apple grew to expand its range of products and with a primary focus on design and technology. Post the stupendous success of the iPods, apple realised a lot of its future success was riding on the kind of products it would launch next. Launching the first ever iPhone on 29th June 2007, Apple created a massive revolution that was considered not only the best by the rest of the world but also by Times, who called the iPhone “The World’s Greatest Invention.” From the first ever phone introduced, Apple had no turning back and since then, has introduced not one, but ten iPhones and through the years, became the first ever company in the world to be valued over a trillion dollars!

Take a moment to ponder about this fact. If Woz and Jobs had not joined the computer club back in the day, then we would not have the empowering technology we have today.

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PixelSky Capital Unveils INR 400 Crore Secondaries Fund

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Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.

 

The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.

 

Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio

 

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Meta’s Upcoming AR Glasses: A Sneak Peek

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Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.

Specifications and Features

The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.

Design and Competition

Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.

Future Plans

In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.

MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.

As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.

This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service

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