In 1983 Apple unveiled it’s pioneering machine that introduced the mouse-driven graphical user interface to a wide audience, opening a new chapter in the PC space. The Mac computers we now use today borrowed most of its features from the Lisa of ‘ yester-years ‘ . Years after Apple’s launch of the product, the Cupertino based tech giant buried 2700 of the product in a landfill in Utah after it performed woefully in the market. Apple also made a game console called the Pippin ( I bet a hundred bucks it would have been called the iPippin if it were today) , and was launched in 1995 for about $600 but only 100,000 were ever manufactured ( woeful in Apple standards) and reportedly less than half of those sold. Once again I can bet a hundred bucks that les than 4% percent of my readers knew this — but of course that’s why we are here— to educate each other. From when Apple was founded in 1976 and launched its first product to when Apple products have become more of a ‘culture’ than just a product.I bring you some interesting Apple facts in figures:
* Apple I , Apple’s first product, was sold as an assembled circuit board and lacked basic features such as a monitor, keyboard and even a case, yet it was retailed at $666.66 which is today’s equivalent of $2,772 (in 2015 dollars) adjusting for inflation.
* On October 4, 2011, Apple unveiled the iPhone 4S , which was later released on October 14, 2011, before October 17 (barely three days later) Apple had sold over 3 million units of the smartphone. After the launch of the iPhone 5S and iPhone 5C , Apple set a new record for first-weekend smartphone sales with over 9 million devices sold in the first three days of its launch.
* Apple’s high level of brand loyalty is considered unusual for any product by many. Apple fans don’t mind joining long cues at waiting for hours in anticipation of a new Apple product. During the opening of New York City ‘s Fifth Avenue Apple’s “Cube” store, there was a queue of almost 1000 metres; that’s enough crowd for few Mac fans that used the setting to propose marriage.
* Apple sits on cash that’s almost twice as much as the US Treasury — about $203billion in cash!. Mind you, that amount is not what Apple actually worths. That’s the total net-worth of Bill Gates, Warren Buffett, Mark Zuckerberg, and Jack Ma combined. Apple has so much spare cash it could buy Facebook. Alternatively, it could buy Netflix, Telsa, Twitter, Dropbox, Pandora and Spotify. Oops did i hust type that? Of course —Yes, all of them. To put it more succinctly, Apple has enough bucks to issue every American a $600 paycheck and still have enough cash equivalent of the GDP of a good number of nations left.
Victor J. Blue | Bloomberg | Getty Images
A customer counts cash to pay for two iPhone 6 smartphones during the sales launch at the Apple Inc. store in New York.Victor J. Blue | Bloomberg | Getty Image
* The path technology takes is intriguing and sometimes unpredictable. You think the iPhone is costly? Well go back in time to around 1991 and try buying one, the RAM of the iPhone alone would cost US $1.4 million, all the parts of the iPhone would cost roughly US $3 million . According to geek’s calculations, it would not be totally out of place to expect the iPhone to cost around US $3.5 million irrespective of model.