After leaving Apple, Steve sold all his shares except one so he could still attend the annual stockholder's meetings. Now, he had $100 million. He used this money on his new company called NeXT. Following Markkula's advice on appearances, Jobs hired Paul Rand to design the company logo (shown above). The NeXT headquarters in Redwood City, CA had polished wood floor, large glass windows, and a "floating" staircase designed by I. M. Pei. For quality, Steve handpicked the best team for NeXT, a group of hardworking perfectionists who could take the ninety hour workweeks.
In October 12, 1988, the first NeXT computer was revealed in the San Francisco Symphony Hall. It was the first computer to contain the entire dictionary and complete works of Shakespeare, the technology was years ahead of its time. All seemed to go well until the price was declared. The computer itself would be $6500 and the printer would be another $2000. Sales did not go well.
Jobs was right about the technology being advanced. In 1989, Tim Berners-Lee, a computer scientist, chose the NeXT computer and the NeXTSTEP software to create a web server and browser. This would be known as the Internet.
In October 12, 1988, the first NeXT computer was revealed in the San Francisco Symphony Hall. It was the first computer to contain the entire dictionary and complete works of Shakespeare, the technology was years ahead of its time. All seemed to go well until the price was declared. The computer itself would be $6500 and the printer would be another $2000. Sales did not go well.
Jobs was right about the technology being advanced. In 1989, Tim Berners-Lee, a computer scientist, chose the NeXT computer and the NeXTSTEP software to create a web server and browser. This would be known as the Internet.
In 1996, Apple was struggling to survive as a company. The stocks and sales were plummeting, talented people were leaving, and Apple was behind in technology. Sculley had left Apple and the new president was Gil Amelio. That December, Steve presented NeXTSTEP to Amelio. On the screen, he simultaneously showed four videos, proving that NeXT was still years ahead of its time.
On the 20th, Apple bought NeXT for $377.5 million and gave 1.5 million Apple shares to Steve. Steve could come back to the company as an informal advisor.
On the 20th, Apple bought NeXT for $377.5 million and gave 1.5 million Apple shares to Steve. Steve could come back to the company as an informal advisor.