Risk factors
Operating history
New company
Not long history of operation
Manufacturing
Extreme dificulty to obtain molded cases
No assurance problem will be solved
Cash flow x rapid growth
Rapid growth
Potential market fluctuations
Severe cash flow management dificulties
Management
Young
In-experienced in high-volume consumer electronics business
Introduction
January 1976
Apple Computer Co.
Partnership
Los Altos, California
Apple I single board hobby computer
January 1977
Third member
$250,000 financial baking
May 1997
Shipment of Apple II
September 1997
$756,391 cumulative revenue
$48,882 net retained earnings
1978 Business Plan
$14 million revenue
$2 million earnings
Capital needs: $3 million
Personal Computer Benefits
Personal pleasure and enjoyment
Increased variety of entertainment
Time saved
Money saved
Better financial decisions
Increased leisure time
Complete security of personal information
Elimination of wasted paper, energy and storage space
Increased personal comfort
Increased learning efficiency
Increased knowledge of computers and related technology
Protection from fire, theft, and personal injury
Non-verbal communication ability
Reduced polution
Personal Computer Market
Definition
All computers
Related peripherals
Software
Sold for non-business uses
Hobby
Entertainment
Programmable personal calculator
Home
Product plan
Mainframes
Apple II
Apple II A
Apple II B
Apple III
Peripherals
Merchandising
Media
Co-op advertising
Point-of-sale posters
Public relations
Direct mail
Distribution
180 authorized dealers
To decide
Department store chains
Competition
Hobby
Southwest Technical Products
Processor Technology
Cromemco Inc.
Not on Apple strategy
Small Business
Not on Apple strategy
Personal Computers
Tandy TRS-80
Comodore - PET
Expected competitors
Texas Instruments
Atari
Staff
A.C. Markulla
Chairman of the Board
M. M. Scott
President
S. P. Jobs
V.P. Operations
S. G. Wozniak
V.P. Engineering
F. R. Holt
Chief Engineer
Dr. W. B. Sander
Staff Cientist
Gene Carter
Director of Dealer Marketing
Source
http://www.computerhistory.org/highlights/earlyapple/