Steven Paul "Steve" Jobs (February 24, 1955 – October 5, 2011) was an American inventor and entrepreneur. He was co-founder, chairman, and chief executive officer of Apple Inc.[Jobs also previously served as chief executive of Pixar Animation Studios; he became a member of the board of directors of the Walt Disney Company in 2006, following the acquisition of Pixar by Disney.
In the late 1970s, Jobs along with Apple co-founder Steve Wozniak, Mike Markkula and other designed, developed, and marketed one of the first commercially successful lines of personal computers, the Apple II series. In the early 1980s, Jobs was among the first to see the commercial potential of Xerox PARC's mouse-driven graphical user interface, which led to the creation of the Macintosh. After losing a power struggle with the board of directors in 1985, Jobs left Apple and founded NeXT, a computer platform development company specializing in the higher-education and business markets. Apple's subsequent 1996 buyout of NeXT brought Jobs back to the company he co-founded, and he served as its interim CEO from 1997, then becoming permanent CEO from 2000 onwards. After resigning as CEO in August 2011, Jobs was elected chairman of Apple's board of directors and held that title until his death.
In 1986, he acquired the computer graphics division of Lucasfilm Ltd, which was spun off as Pixar Animation Studios. He was credited in Toy Story (1995) as an executive producer. He remained CEO and majority shareholder at 50.1 percent until its acquisition by The Walt Disney Company in 2006. Consequently Jobs became Disney's largest individual shareholder at 7 percent and a member of Disney's Board of Directors.
On October 5, 2011, Jobs died in California at age 56, seven years after being diagnosed with pancreatic cancer.On his death he was widely described as a visionary, pioneer and genius perhaps one of the foremost in the field of business, innovation, and product design, and a man who had profoundly changed the face of the modern world, revolutionized at least six different industries, and who was an "exemplar for all chief executives". His death was widely mourned and considered a loss to the world by commentators across the globe.
Early years
Jobs was born in San Francisco and was adopted by the family of Paul Jobs and Clara Jobs (née Hagopian) who moved to Mountain View, California when Jobs was five years old. Paul and Clara later adopted a daughter, Patti. Paul Jobs, a machinist for a company that made lasers, taught his son rudimentary electronics and how to work with his hands. His adoptive mother was an accountant. Asked in a 1995 interview what he wanted to pass on to his children, Jobs replied, "Just to try to be as good a father to them as my father was to me. I think about that every day of my life." Paul and Clara Jobs were his "true parents," he told an interviewer when asked about his "adoptive parents." "They were my parents," he told the interviewer emphatically. Jobs' biological parent Abdulfattah John Jandali, a Syrian Muslim immigrant to the U.S., who later became a political science professor at the University of Nevada and is presently a vice president of Boomtown Hotel Casino in Reno, Nevada, and Joanne Schieble (later Simpson), an American graduate student of Swiss and German ancestry who went on to become a speech language pathologist eventually[when? married. The marriage produced Jobs's biological sister, novelist Mona Simpson; the two of them first met in 1986 as adults and enjoyed a close relationship, with Jobs regularly visiting Simpson in Manhattan. From Simpson, Jobs learned more about their birth parents and he invited his biological mother Joanne to some events. Jandali claims that he didn't want to put Jobs up for adoption but that Simpson's parents did not approve of her marrying a Syrian. Jandali's few attempts to contact Jobs were unsuccessful; Jobs did not contact his biological father either. Jandali gave an interview to The Sun in August 2011 when Jobs resigned as CEO of Apple; Jandali also mailed in his medical history after Jobs's pancreatic disorder was made public that year.
Jobs attended Cupertino Junior High and Homestead High School in Cupertino, California. He frequented after-school lectures at the Hewlett-Packard Company in Palo Alto, California, and was later hired there, working with Steve Wozniak as a summer employee. Following high school graduation in 1972, Jobs enrolled at Reed College in Portland, Oregon. Although he dropped out after only one semester, he continued auditing classes at Reed, while sleeping on the floor in friends' rooms, returning Coke bottles for food money, and getting weekly free meals at the local Hare Krishna temple.[33] Jobs later said, "If I had never dropped in on that single calligraphy course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts."
Jobs returned to his previous job at Atari and was given the task of creating a circuit board for the game Breakout. According to Atari founder Nolan Bushnell, Atari offered $100 for each chip that was eliminated in the machine. Jobs had little interest in or knowledge of circuit board design and made a deal with Wozniak to split the bonus evenly between them if Wozniak could minimize the number of chips. Much to the amazement of Atari, Wozniak reduced the number of chips by 50, a design so tight that it was impossible to reproduce on an assembly line. According to Wozniak, Jobs told Wozniak that Atari gave them only $700 (instead of the offered $5,000) and that Wozniak's share was thus $350.
Career
Founding of Apple Computer
In 1976, Jobs, Steve Wozniak and Ronald Wayne founded Apple, with later funding from a then-semi-retired Intel product-marketing manager and engineer A.C. "Mike" Markkula Jr.. Prior to co-founding Apple, Wozniak was an electronics hacker. Jobs and Wozniak met in 1971 when their mutual friend, Bill Fernandez, introduced 21-year-old Wozniak to 16-year-old Jobs. Friends for several years, 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, 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?"[42] The following year, Apple aired a Super Bowl television 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 Hertzfeld described the scene as "pandemonium".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 described him as an erratic and temperamental manager. An industry-wide sales slump towards the end of 1984 caused a deterioration in Jobs's 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. 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."
NeXT Computer
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. 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. 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 Ethernet port.
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.
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 that 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 produced 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); and Toy Story 3 (2010). Finding Nemo, The Incredibles, Ratatouille, WALL-E, Up and Toy Story 3 each received the Academy Award for Best Animated Feature, an award introduced in 2001.
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Steve Jobs on computer graphics - Interview excerpt from 1995.
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, 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 became The Walt Disney Company's largest single shareholder with approximately 7% of the company's stock. Jobs's 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.
Return to Apple
In 1996, Apple announced that it would buy NeXT for $429 million. The deal was finalized in late 1996, bringing Jobs back to the company he co-founded. Jobs became de facto chief after then-CEO Gil Amelio was ousted in July 1997. He was formally named interim chief executive in September. In March 1998, to concentrate Apple's efforts on returning to profitability, Jobs terminated a number of projects, such as Newton, Cyberdog, 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's summary executions were rare, but a handful of victims was enough to terrorize a whole company." 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's 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. Jobs quipped at the time that he would be using the title 'iCEO.'
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 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 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. 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. 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.
Resignation
In August 2011, Jobs resigned as CEO of Apple, but remained at the company as chairman of the company's board. Hours after the announcement, Apple Inc. (AAPL) shares dropped 5% in after-hour trading. The relatively small drop, when considering the importance of Jobs to Apple, was associated with the fact that Jobs's health had been in the news for several years, and he was on medical leave since January 2011. 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. In after-hour trading on the day of the announcement, Walt Disney Co. (DIS) shares dropped 1.5%.
Business life
Wealth
Even though Jobs earned only $1 a year as CEO of Apple, he held 5.426 million Apple shares, as well as 138 million shares in Disney (which he received in exchange for Disney's acquisition of Pixar). Jobs quipped that the $1 per annum he was paid by Apple was based on attending one meeting for 50 cents while the other 50 cents was based on his performance.Forbes estimated his net wealth at $8.3 billion in 2010, making him the 42nd wealthiest American.
Personal life
Jobs married Laurene Powell on March 18, 1991. Presiding over the wedding was the Zen Buddhist monk Kobun Chino Otogawa.The couple have a son and two daughters.Jobs also has a daughter, Lisa Brennan-Jobs (born 1978), from his relationship with Bay Area painter Chrisann Brennan.She briefly raised their daughter on welfare when Jobs denied paternity by claiming he was sterile; he later acknowledged Lisa as his daughter.
In the unauthorized biography, The Second Coming of Steve Jobs, author Alan Deutschman reports that Jobs once dated Joan Baez. Deutschman quotes Elizabeth Holmes, a friend of Jobs from his time at Reed College, as saying she "believed that Steve became the lover of Joan Baez in large measure because Baez had been the lover of Bob Dylan" (Dylan was the Apple icon's favorite musician). The biography also notes that Jobs went out with actress Diane Keaton briefly.[citation needed] In another unauthorized biography, iCon: Steve Jobs by Jeffrey S. Young & William L. Simon, the authors suggest that Jobs might have married Baez, but her age at the time meant it was unlikely the couple could have children.
Jobs was also a fan of The Beatles. He referred to them on multiple occasions at Keynotes and also was interviewed on a showing of a Paul McCartney concert. When asked about his business model on 60 Minutes, he replied:
Death
Jobs died at his home on October 5, 2011, due to complications from a rare form of pancreatic cancer. His death was announced by Apple in a statement which read:
We are deeply saddened to announce that Steve Jobs passed away today. Steve's brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. The world is immeasurably better because of Steve. His greatest love was for his wife, Laurene, and his family. Our hearts go out to them and to all who were touched by his extraordinary gifts."
Jobs is survived by Laurene, his wife of 20 years, their three children and by Lisa Brennan-Jobs, his daughter from a previous relationship. His family released a statement saying that he "died peacefully". Also since October 5, 2011, Apple's corporate website greeted visitors with a simple page showing Jobs's name and lifespan next to his grayscale portrait. Clicking on Jobs's image led to an obituary that read "Apple has lost a visionary and creative genius, and the world has lost an amazing human being. Those of us who have been fortunate enough to know and work with Steve have lost a dear friend and an inspiring mentor. Steve leaves behind a company that only he could have built, and his spirit will forever be the foundation of Apple." An email address was also posted for the public to share their memories, condolences, and thoughts.
A large number of newspapers carried news of his death on the front pages. Statements reacting to Jobs's death were made by several notable people, including U.S. President Barack Obama, Microsoft founder Bill Gates and The Walt Disney Company's Bob Iger. Wired News collected reactions and posted them in tribute on their homepage. Other statements of condolences were issued by many of Jobs' friends and colleagues, such as Steve Wozniak and George Lucas.
A small private funeral was held on October 7, 2011, according to the Wall Street Journal.
Kristen Stewart - $34.5 MillionAt the young age of 22 Stewart earned more than any other actress between May 2011 and May 2012. Most of that money came from "Twilight" where Stewart stars as Bella Swan. But she also earned big buck for starring in "Snow White and the Huntsman."
Even when she's not starring in a big studio flick, Jolie still earns millions from residuals and endorsement deals for companies like Louis Vuitton. Jolie also attracts plenty of attention wherever she goes.
Even when she's not starring in a big studio flick, Jolie still earns millions from residuals and endorsement deals for companies like Louis Vuitton. Jolie also attracts plenty of attention wherever she goes.
