10/07/2011

Steve Jobs, Career


Career

[edit]

Founding of Apple Computer

Two men in their fifties shown full length sitting in red leather chairs smiling at each other
Steve Jobs and Bill Gates at the fifthD: All Things Digital conference (D5) in 2007
In 1976, Steve Jobs, Steve Wozniak and Ronald Wayne,[53] with later funding from a then-semi-retired Intel product-marketing manager and engineer A.C. "Mike" Markkula Jr.,[8] founded Apple. Prior to co-founding Apple, Wozniak was an electronics hacker. Jobs and Wozniak had been friends for several years, having met in 1971, when their mutual friend, Bill Fernandez, introduced 21-year-old Wozniak to 16-year-old Jobs. Steve Jobs managed to interest Wozniak in assembling a computer and selling it. As Apple continued to expand, the company began looking for an experienced executive to help manage its expansion.
In 1978, Apple recruited Mike Scott from National Semiconductor to serve as CEO for what turned out to be several turbulent years. In 1983, Steve Jobs lured John Sculley away from Pepsi-Cola to serve as Apple's CEO, asking, "Do you want to sell sugar water for the rest of your life, or do you want to come with me and change the world?"[54] The following year, Apple aired a Super Bowltelevision commercial titled "1984". At Apple's annual shareholders meeting on January 24, 1984, an emotional Jobs introduced the Macintosh to a wildly enthusiastic audience; Andy Hertzfelddescribed the scene as "pandemonium".[55] The Macintosh became the first commercially successful small computer with a graphical user interface. The development of the Mac was started by Jef Raskin, and eventually taken over by Jobs.
While Jobs was a persuasive and charismatic director for Apple, some of his employees from that time had described him as an erratic and temperamental manager. An industry-wide sales slump towards the end of 1984 caused a deterioration in Jobs' working relationship with Sculley, and at the end of May 1985 – following an internal power struggle and an announcement of significant layoffs because of disappointing sales at the time – Sculley relieved Jobs of his duties as head of the Macintosh division.[56][57] Jobs later claimed that being fired from Apple was the best thing that could have happened to him; "The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life."[58]

[edit]NeXT Computer

Black equipment on a teal blue desk. At left a monitor and at right a cube, both with small NeXT logos and in front a keyboard that says "Propriete CERN". Resting on the keyboard is a copy of "Information Management: A Proposal", and to its right is a book, probably "Enquire Within upon Everything". A partly peeled off label on the cube says, "This machine is a server. DO NOT POWER IT DOWN!!"
The NeXT used by Tim Berners-Leeat CERN that became the first server in the World Wide Web.
After leaving Apple, Jobs founded NeXT Computer in 1985 with $7 million. A year later, Jobs was running out of money, and with no product on the horizon, he appealed for venture capital. Eventually, he attracted the attention of billionaire Ross Perot who invested heavily in the company.[59] NeXT workstations were first released in 1990, priced at $9,999. Like the Apple Lisa, the NeXT workstation was technologically advanced, but was largely dismissed as cost-prohibitive by the educational sector for which it was designed.[60] The NeXT workstation was known for its technical strengths, chief among them its object-oriented software development system. Jobs marketed NeXT products to the financial, scientific, and academic community, highlighting its innovative, experimental new technologies, such as the Mach kernel, the digital signal processor chip, and the built-in Ethernetport.
The revised, second-generation NeXTcube was released in 1990 also. Jobs touted it as the first "interpersonal" computer which would replace the personal computer. With its innovative NeXTMailmultimedia email system, NeXTcube could share voice, image, graphics, and video in email for the first time. "Interpersonal computing is going to revolutionise human communications and groupwork", Jobs told reporters.[61] Jobs ran NeXT with an obsession for aesthetic perfection, as evidenced by the development of and attention to NeXTcube's magnesium case.[62] This put considerable strain on NeXT's hardware division, and in 1993, after having sold only 50,000 machines, NeXT transitioned fully to software development with the release ofNeXTSTEP/Intel.[63] The company reported its first profit of $1.03 million in 1994.[59] In 1996, NeXT Software, Inc. released WebObjects, a framework for web application development. After NeXT was acquired by Apple Inc. in 1997, WebObjects was used to build and run the Apple Store,[63] MobileMe services, and the iTunes Store.

[edit]Pixar and Disney

In 1986, Jobs bought The Graphics Group (later renamed Pixar) from Lucasfilm's computer graphics division for the price of $10 million, $5 million of which was given to the company as capital.[64]
The new company, which was originally based at Lucasfilm's Kerner Studios in San Rafael, California, but has since relocated to Emeryville, California, was initially intended to be a high-end graphics hardware developer. After years of unprofitability selling the Pixar Image Computer, it contracted with Disney to produce a number of computer-animated feature films, which Disney would co-finance and distribute.
The first film produced by the partnership, Toy Story, brought fame and critical acclaim to the studio when it was released in 1995. Over the next 15 years, under Pixar's creative chief John Lasseter, the company would produce the box-office hits A Bug's Life (1998); Toy Story 2(1999); Monsters, Inc. (2001); Finding Nemo (2003); The Incredibles (2004); Cars (2006); Ratatouille (2007); WALL-E (2008); Up (2009); andToy Story 3 (2010). Finding NemoThe IncrediblesRatatouilleWALL-EUp and Toy Story 3 each received the Academy Award for Best Animated Feature, an award introduced in 2001.
Steve Jobs on computer graphics - Interview excerpt from 1995.ogg
Steve Jobs on computer graphics. Interview excerpt from 1995.[65]
In the years 2003 and 2004, as Pixar's contract with Disney was running out, Jobs and Disney chief executive Michael Eisner tried but failed to negotiate a new partnership,[66] and in early 2004 Jobs announced that Pixar would seek a new partner to distribute its films once its contract with Disney expired.
In October 2005, Bob Iger replaced Eisner at Disney, and Iger quickly worked to patch up relations with Jobs and Pixar. On January 24, 2006, Jobs and Iger announced that Disney had agreed to purchase Pixar in an all-stock transaction worth $7.4 billion. Once the deal closed, Jobs becameThe Walt Disney Company's largest single shareholder with approximately 7% of the company's stock.[18] Jobs' holdings in Disney far exceed those of Eisner, who holds 1.7%, and of Disney family member Roy E. Disney, who until his 2009 death held about 1% of the company's stock and whose criticisms of Eisner – especially that he soured Disney's relationship with Pixar – accelerated Eisner's ousting. Jobs joined the company's board of directors upon completion of the merger. Jobs also helped oversee Disney and Pixar's combined animation businesses with a seat on a special six person steering committee.

[edit]Return to Apple

Full-length portrait of man about fifty wearing jeans and a black turtleneck shirt, standing in front of a dark curtain with a white Apple logo
Jobs on stage at Macworld Conference & Expo, San Francisco, January 11, 2005
In 1996, Apple announced that it would buy NeXT for $429 million. The deal was finalized in late 1996,[67]bringing Jobs back to the company he had co-founded. Jobs became de facto chief after then-CEO Gil Amelio was ousted in July. He was formally named interim chief executive in September 1997.[68] In March 1998, to concentrate Apple's efforts on returning to profitability, Jobs terminated a number of projects, such as NewtonCyberdog, and OpenDoc. In the coming months, many employees developed a fear of encountering Jobs while riding in the elevator, "afraid that they might not have a job when the doors opened. The reality was that Jobs' summary executions were rare, but a handful of victims was enough to terrorize a whole company."[69] Jobs also changed the licensing program for Macintosh clones, making it too costly for the manufacturers to continue making machines.
With the purchase of NeXT, much of the company's technology found its way into Apple products, most notably NeXTSTEP, which evolved into Mac OS X. Under Jobs' guidance the company increased sales significantly with the introduction of the iMac and other new products; since then, appealing designs and powerful branding have worked well for Apple. At the 2000 Macworld Expo, Jobs officially dropped the "interim" modifier from his title at Apple and became permanent CEO.[70] Jobs quipped at the time that he would be using the title 'iCEO.'[71]
The company subsequently branched out, introducing and improving upon other digital appliances. With the introduction of the iPod portable music player, iTunes digital music software, and the iTunes Store, the company made forays into consumer electronics and music distribution. On June 29, 2007, Apple entered the cellular phone business with the introduction of the iPhone, a multi-touch display cell phone, which also included the features of an iPod and, with its own mobile browser, revolutionized the mobile browsing scene. While stimulating innovation, Jobs also reminded his employees that "real artists ship",[citation needed] by which he meant that delivering working products on time is as important as innovation and attractive design.

Jobs speaking with journalist Walt Mossberg at theAll Things Digital conference in 2007.
Jobs was both admired and criticized for his consummate skill at persuasion and salesmanship, which has been dubbed the "reality distortion field" and was particularly evident during his keynote speeches (colloquially known as "Stevenotes") at Macworld Expos and at Apple's own Worldwide Developers Conferences.
In 2005, Jobs responded to criticism of Apple's poor recycling programs for e-waste in the U.S. by lashing out at environmental and other advocates at Apple's Annual Meeting in Cupertino in April. However, a few weeks later, Apple announced it would take back iPods for free at its retail stores. The Computer TakeBack Campaign responded by flying a banner from a plane over the Stanford University graduation at which Jobs was the commencement speaker.[15] The banner read "Steve—Don't be a mini-player recycle all e-waste". In 2006, he further expanded Apple's recycling programs to any U.S. customer who buys a new Mac. This program includes shipping and "environmentally friendly disposal" of their old systems.[72]

[edit]Resignation

In August 2011, Jobs resigned as CEO of Apple, but remained at the company as chairman of the company's board.[73][74] Hours after the announcement, Apple Inc. (AAPL) shares dropped 5% in after-hour trading.[75] The relatively small drop, when considering the importance of Jobs to Apple, was associated with the fact that Jobs' health had been in the news for several years, and he was on medical leave since January 2011.[76] It was believed, according to Forbes, that the impact would be felt in a negative way beyond Apple, including at The Walt Disney Company where Jobs served as director.[77] In after-hour trading on the day of the announcement, Walt Disney Co. (DIS) shares dropped 1.5%.[78]

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