Steve Jobs left Apple to start a new computer company. His $12 million failure saved Apple.
Steve Jobs left Apple to start a new computer company. His $12 millio…
Feb 20, 2021
BUSINESS INSIDERClancy Morgan
Steve Jobs
Steve Jobs
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In the film, "Jobs," the Byte Shop moment plays like a parking lot pitch. In this clip from our oral history, Byte Shop founder Paul Terrell explains what actually happened. After seeing the Apple I running, he told Steve Jobs and Steve Wozniak he did not want more kits. He wanted assembled, tested computers. Terrell offered an order for 50, cash on delivery. That purchase order helped Apple secure parts on standard net-30 terms and helped fuel the earliest production run. | Computer History Mus
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