Apple Computer Corporation is founded. All on today’s On This Day from TEST Huddle.
1977 – Apple Inc
On This Day in 1977 Apple Computer Corporation is incorporated by Steven Jobs and Stephan Wozniak. Upon it’s establishment the company move from Steve Jobs’ parent’s garage to a building on Stevens Creek Boulevard in Cupertino, California. Upon its incorporation, the company gets its first chairman when Armas Markkula Jr. formerly of Intel, comes out of retirement to become Apple’s first chairman. He also invests $250,000 in venture capital to finance the company. The company will later receive financing from venture capitalists such as Arthur Rock and Associates, Capital Management Corporation, and Venrock Associates.
Images: wikipedia
