Apple I(1976)
Apple Introduces the First Low Cost Microcomputer System with a Video Terminal and 8K Bytes of RAM on a Single PC Card.
Background
The original Apple Computer, also known retroactively as the Apple I, or Apple-1, was designed and hand-built by Steve Wozniak. Wozniak's friend Steve Jobs had the idea of selling the computer. The Apple I was Apple's first product, and to finance its creation, Jobs sold his only means of transportation, a VW Microbus, and Wozniak sold his HP-65 calculator for $500. It was demonstrated in July 1976 at the Homebrew Computer Club in Palo Alto, California. The Apple I went on sale at a price of $666.66 U.S., because Steve Wozniak "liked repeating digits" and because of a one-third markup on the $500 U.S. wholesale price. About 200 units were produced and all but 25 were sold during nine or ten months. Unlike other hobbyist computers of its day, which were sold as kits, the Apple I was a fully assembled circuit board containing about 60+ chips. However, to make a working computer, users still had to add a case, power supply transformers, power switch, ASCII keyboard, and composite video display. An optional board providing a cassette interface for storage was later released at the cost of $72 U.S. The Apple I's built-in computer terminal circuitry was distinctive. All one needed was a keyboard and an inexpensive television set. Competing machines such as the Altair 8800 generally were programmed with front-mounted toggle switches and used indicator lights (red LEDs, most commonly) for output, and had to be extended with separate hardware to allow connection to a computer terminal or a teletypewriter machine. This made the Apple I an innovative machine for its day. In April 1977 the price was dropped to $475 U.S. It continued to be sold through August 1977, despite the introduction of the Apple II in April 1977, which began shipping in June of that year. Apple dropped the Apple I from its price list by September 1977, officially discontinuing it. As Wozniak was the only person who could answer most customer support questions about the computer, the company offered Apple I owners discounts and trade-ins for Apple IIs to persuade them to return their computers.