The Woz responds to Apple's $1 trillion+ valuation

Earlier this morning, Apple became the aboriginal accessible aggregation in the U.S. to hit a appraisal of $1 trillion. Tragically, co-founder Steve Jobs isn't about to see his babyish hit this landmark. However, the added co-founding Steve is animate and able-bodied and is currently in Jeddah, Saudi Arabia. Steve Wozniak said that he is acquainted of Apple's almanac ambience valuation, and declared that he is "proud" of the company.But in his archetypal apprehensive fashion, the Woz added that he doesn't "measure the apple by animal simplifications like annular numbers. A aggregation is abundant because it is great,"

Earlier this morning, Apple became the aboriginal accessible aggregation in the U.S. to hit a appraisal of $1 trillion. Tragically, co-founder Steve Jobs isn't about to see his babyish hit this landmark. However, the added co-founding Steve is animate and able-bodied and is currently in Jeddah, Saudi Arabia. Steve Wozniak said that he is acquainted of Apple's almanac ambience valuation, and declared that he is "proud" of the company.

But in his archetypal apprehensive fashion, the Woz added that he doesn't "measure the apple by animal simplifications like annular numbers. A aggregation is abundant because it is great," he said today. Wozniak larboard Apple in 1985, although he is still an agent on the amount (the analysis is small, says the Woz).

We apperceive that you're apparently apprehensive whether Wozniak still owns any Apple shares, and the acknowledgment is yes. But he has bargain his backing over the years. At the time of the IPO in 1980, the Woz endemic 7.9% of Apple, which agency that had he not awash some shares over the years, his Apple pale would be a account a air-conditioned $79 billion today. As it is, the Woz is reportedly account $100 actor which makes him a affluent success in anyone's book. Plus, he's a absolutely nice guy to boot. And Wozniak loves devices; in that regard, he's one of us. Over the years, we've apparent him with assorted Android handsets (at atomic until the iPhone 6 launched). And he keeps current. Referring to Facebook's Cambridge Analytical scandal, Wozniak said "We (Apple) are a aggregation based on abundant products, and we don’t accept to access your aloofness to do it."

Wozniak cites the acknowledgment of Jobs to Apple in 1997 as the key to the company's billow in valuation. A added complete Jobs than the one who was accursed by John Sculley formed out a alternation of acknowledged accessories that ability never be repeated. From the iMac to the iPod (the artefact that Wozniak said absolutely started the huge assemblage in the stock), followed by the iPhone and the iPad, Apple became a Wall Street darling. And if anything, accepted CEO Tim Cook has kept the aggregation on a abiding course, abnormal from Jobs' playbook back necessary.

But none of this would accept happened if Steve Wozniak didn't body that aboriginal Apple I ambit board, and if Steve Jobs didn't advertise the heck out of it. One abundance dollars later, actuality we are.

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