Steve Jobs Failures and Lessons that He learnt
By siliconindia
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Friday, 07 October 2011, 22:30 IST |
1 Comments
Steve encountered a major setback in the year 1985 when he was fired from the company that he had created. Jobs' frequent arguments with colleagues ultimately resulted in his departure from Apple.
In 1985 Steve founded accompany named Next Computers, after his showdown with then Apple CEO. NeXT introduced the first NeXT Computer in 1988, the sales of the NeXT computers was relatively limited, with estimates of about 50,000 units shipped in total. Ultimately Apple purchased NeXT on December 20, 1996 for $429 million and 1.5 million shares of Apple stock which marked Steve's re entry to the company since Next turned out to be a commercial failure.