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with impressive first year sales of $2.7 million. Sales grew to $200 million within three years. Jobs and Wozniak had opened an entirely new market.
Steve Jobs started the first Apple Computer business. Jobs and Wozniak worked on the Apple I in Jobs' garage and by 1976 they offered models for sale. Jobs became fascinated with the marketing potential of such a computer. In 1976 he and Wozniak formed their own company. They called it Apple Computer Company, in memory of a happy summer Jobs had spent picking apples. They raised $1,300 in startup money by selling Jobs's microbus and Wozniak's calculator. Jobs had realized there was a huge gap in the computer market. Jobs and Wozniak redesigned their computer, with the idea of selling it to individual users. The Apple II went to market in 1977, with impressive first year sales of $2.7 million. Sales grew to $200 million within three years. Jobs and Wozniak had opened an entirely new market.
