Playboy Interview With Steve Jobs
Playboy Interview With Steve Jobs
Playboy Interview With Steve Jobs
Playboy Interview:
Steven Jobs
By David Sheff
Published February 01, 1985
The developments will be in
making the products more
portable, networking them
If anyone can be said to represent the spirit of an entrepreneurial generation, the man to
beat for now is the charismatic cofounder and chairman of Apple Computer, Inc.,
Steven Jobs. He transformed a small business begun in a garage in Los Altos,
California, into a revolutionary billion-dollar company‐‑⁃‐‑⁃one that joined the ranks of the
Fortune 500 in just five years, faster than any other company in history. And what's
most galling about it is that the guy is only 29 years old.Jobs's company introduced
personal computers into the American home and workplace. Before the founding of
Apple in 1976, the image most people had of computers was of machines in science‐‑⁃
fiction movies that beeped and flashed or of huge, silent mainframes that brooded
ominously behind the closed doors of giant corporations and Government agencies. But
with the development of the transistor and then the microprocessor chip, it became
possible to miniaturize the technology of the computer and make it accessible to
personal users. By the mid-Seventies, a starter computer kit, of interest mainly to
hobbyists, was available for about $375, plus assorted parts.
In a valley south of San Francisco already known for a concentration of electronics firms
and youthful start-up companies, two friends who shared a penchant for mischief and
electronics set out to create a small computer of their own. Jobs, then 21, the adopted
son of a machinist, had taken a job designing video games at Atari after dropping out of
Reed College, while Stephen Wozniak, 26, worked as an engineer at Hewlett-Packard,
one of the largest firms in the area known as Silicon Valley. In their spare time, the
friends designed and built a makeshift computer‐‑⁃‐‑⁃a circuit board, really‐‑⁃‐‑⁃which they
whimsically called the Apple I. It didn't do much, but when they found that they had
stacked up orders for 50 of the contraptions, it dawned on Jobs that there might be an
actual grown-up market for personal computers.Wozniak's interest was primarily
technical; Jobs set about making the computer accessible to people. Together, they
added a keyboard and memory (the capability of storing information) to the Apple I, and
Wozniak developed the disk drive (a device to read and store information permanently)
and added a video terminal. Jobs hired experts to design an efficient power supply and
a fancy casing and, thus, the Apple II was born‐‑⁃‐‑⁃along with an entire industry.Apple's
rise was meteoric. From sales of $200,000 that first year in Jobs's garage (the Silicon
Valley version of Lincoln's log cabin), the company grew into a giant firm with 1.4 billion
dollars in revenues in 1984. Its founders became multimillionaires and folk heroes.
Wozniak, who effectively retired from Apple in 1979 to go back to college and to
sponsor music festivals, had relatively little to do after his creative contribution to the
technology. It was Jobs who stayed on to run the company, to see 70 percent of home
and school computers bear the Apple mark, to fend off efforts within Apple to unseat
him and, most of all, to do battle with IBM when Big Blue, as the 40-billion-dollar
colossus is unaffectionately known, decided to move in on the personal-computer
business.With an estimated net worth of $450,000,000, mostly in Apple stock, Jobs was
by far the youngest person on Forbes's list of richest Americans for several years
running. (It is also worth noting that of the 100 Americans named by Forbes, Jobs is one
of only seven who made their fortunes on their own.) Recently, with the drop in the
value of Apple stock during troubled times in 1983, he lost nearly a quarter of a billion
dollars on paper, so his net worth is today estimated at about $200,000,000.