Apple Inc. was founded on April 1, 1976 by Steve Jobs, Steve Wozniak, and Ron Wayne in Cupertino. California revolutionized the desktop computer business in the 1970s by introducing the first computer to be built in a garage and sold under the Apple name. It was first demonstrated to the public at the Homebrew Computer Club, and the following year it mass-produced a computer, registering the company on January 3, 1977.
Three years after the company registered, Apple Computer's IPO received the largest number of buys, and its shares rose by approximately 32%, giving the company a market value of $1,778,000 million. Later, Apple Computer issued the iBook, or The personal laptop before the company changed its name to Apple just to cater to the launch of other products like iPod, iPhone, iPad and Apple Watch as it is today.
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