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In our opinion: Apple created a radical redefinition of the world economy

Steve Wozniak

(Original source Deseret News)

Thirty-nine years ago today (Jan. 3, 1977), Steve Jobs and Steve Wozniak incorporated Apple Computer Company, which they had created nine months earlier with their friend Ronald Wayne, who originally owned 10 percent of the business but sold it back to Jobs and Wozniak for a mere $800. That share would be worth billions of dollars today, yet this missed opportunity does not seem to trouble Mr. Wayne.

“I have never had the slightest pangs of regret,” he said, “because I made the best decision with the information available to me at the time.”

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