Research Paper On Steve Jobs

1478 Words3 Pages

Bijay P Shrestha EE 4302 Dr. Robert Magnusson 20 September 2012 Apple A company whose birth was at the cluttered garage of one of the two founders now has become one of the historically successful companies with more than 360 stores around the world, 60,000 plus employees, and market capitalization of more than $619 billion, more than world’s second biggest oil company: Exxon Mobil, in last thirty years (Worstall, Tim). The small initiative startup company at the Silicon Valley who has kissed this level of success is taken by surprise. This successful and innovative company is none other than ‘Apple’ that has won the heart of many and like by millions worldwide. The level of success of this company is no surprise if you are a user of one of …show more content…

Similar to this, Apple that stood up at the top against all other high-tech companies fell hard down to Earth. While Apple was making its dream computers, Bill Gates and his crew from IBM were constantly challenging and building high-tech computers with more functions and facilities in their computers than in Apple PC. The two big names, Steve Jobs and Bill Gates, had same dream but different ways to get to their dream. Steve Job had overlooked other functions like database by indulging himself more to GUI. The Lisa was introduced in 1983, which became a big flop compared to much cheaper IBM PC with MS_DOS, floppy drive, database and more. In 1985, the board members of Apple Inc stripped Steve Jobs from all his duties making him responsible for being unable to bridge the gap between Apple and IBM/Microsoft. Steve Jobs resigned from Apple. Aftermath, Apple stock dropped and it lost millions of dollars. IBM on the other hand became more successful day after day as Apple languished in competition failure after failure. When the board decision to take away Jobs did not work well, they brought him back. Fig [1]. Colby, Nelson (‘Apple Inc.’) Today, Apple has once again proved its ability to produce best product in the world market and holds its market cap at $658.15 billion. Fig 2. Google Inc The following are the key factors of Apple’s

Open Document