Apple Turns 50: How a company 90 days from bankruptcy became worth $3.6 trillion

Fifty years ago, three men signed a piece of paper in a California garage and called their new venture Apple Computer Company. One of them, Ronald Wayne, sold his 10 percent stake back within two weeks for $800. The other two, Steve Jobs and Steve Wozniak, went on to build what is today one of the most valuable companies in history. Apple Computer Company was incorporated on April 1, 1976. The circuit board at the heart of its first product, the Apple I, had been designed by Wozniak in the months before the company was formally founded.