Wednesday, 14 December 2011

Apple founding documents sell for $1.59 million

Some technology related recent history this morning - the founding papers that established Apple Computer Co. sold for $1.59 million dollars! The three page contract signed by Steve Jobs, Steve Wozniak and Ronald Wayne on 01 April 1976, was sold at a Sotheby's auction in New York. Ronald Wayne withdrew as a partner 11 days after signing the contract and apparently received $800 for relinquishing his 10% ownership of Apple. The winning bidder was Eduardo Cisneros, chief executive officer of Cisneros Corp., whose family are the second most wealthy in South America according to Forbes.

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