article

Ronald Gerald Wayne (born 1935) is the often forgotten "third founder" of Apple Computer (in addition to Steve Jobs and Steve Wozniak). He illustrated the first Apple logo and wrote the Apple I manual. While at Apple he also wrote their partnership agreement.

Wayne worked with Jobs and Wozniak at Atari before founding Apple Computer in 1976. He was given a 10% stake in Apple, but soon lost faith in the company and sold his stock for $800 only a couple of months after Apple started and made their first shipment.

Soon after, venture capitalist Mike Markkula joined the company, investing US$250,000. In its first year of operations, Apple's sales reached US$174,000. In 1977, it jumped to US$2.7 million, in 1978, to US$7.8 million and to US$117 million in 1980. In 1982, Apple reached its first billion dollars in annual sales. Wayne's stake could have been worth as much as US$6 billion. However, he claimed that he didn't regret selling the stock as he made "the best decision available at that time".

According to CNET, as of 1997, Wayne was working as an engineer for a defense contractor in Salinas, California. cnet, Where are they now?, 1997

References


External links


Apple employees

Ron Wayne | Ronald Wayne | Ronald Wayne | Ronald Wayne

 

This article is licensed under the GNU Free Documentation License. It uses material from the "Ronald Wayne".

Home Pageartsbusinesscomputersgameshealthhospitalshomekids & teensnewsphysiciansrecreationreferenceregionalscienceshoppingsocietysportsworld