Current:Home > StocksAn original Apple-1 computer sells for $400,000 -FinanceMind
An original Apple-1 computer sells for $400,000
View
Date:2025-04-12 19:24:18
The first Apple-1 computers were sold for $666.66 in 1976. Forty-five years later, a still-functioning one has sold for $400,000.
John Moran Auctioneers in Monrovia, Calif., auctioned it off on Tuesday, one of 200 Apple-1 computers that were designed, built and tested by Steve Wozniak and Steve Jobs, with help from Patty Jobs and Daniel Kottke.
"What we have with the Apple-1 is sort of like the holy grail of vintage computer collecting," says Corey Cohen, an Apple and technology historian.
The computer auctioned is known as the "Chaffey College" Apple-1 because its original owner was a professor at Chaffey College in Rancho Cucamonga, Calif. He ended up selling the computer to a student in 1977 so that he could buy an Apple-II computer.
The student, who remains unidentified, has kept the computer until now.
Apple-1s came as motherboards, with cases, keyboards and monitors sold separately. The unit features a case put on by The Byte Shop in Mountain View, Calif., which was the first store to sell Apple products.
The case is made of koa wood, one of only six known koa wood cases in existence, according to the auction house. Koa wood, native to Hawaii, was abundant in the 1970s, but has become rarer and more expensive due to cattle grazing and logging.
Apple-1 was the start of the personal computer industry
The Apple-1 was the first Apple product to be sold. It marked the start of the personal computer industry.
It was the first personal computer that came with a warranty. "It was guaranteed to work," Cohen says. "Prior to that, there were other computers. They were kits. They mostly didn't work when you got them."
They were originally sold for $666.66. "While that sounds pretty ominous, 666, it's because Steve Wozniak likes repeating numbers," Cohen tells Morning Edition. "Even his own phone number at the time had a repeating number."
He said this specific machine not only represents the start of Apple, but the ingenuity of Wozniak and Jobs and their vision "where a computer isn't something to be afraid of, a computer is something that can be part of your life and can help improve your life."
"It took a long time, I think, for people to catch on to that idea," he says. "But it is something that, you know, it helps people kind of feel closer to that progress."
Tien Le is an intern on NPR's News Desk. Barry Gordemer and Jessica Green produced the audio version of this story.
veryGood! (8513)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- RHONJ: Teresa Giudice and Joe Gorga Share Final Words Before Vowing to Never Speak Again
- What Would It Take to Turn Ohio’s Farms Carbon-Neutral?
- A $1.6 billion lawsuit alleges Facebook's inaction fueled violence in Ethiopia
- 'Most Whopper
- Britain is seeing a wave of strikes as nurses, postal workers and others walk out
- From the Heart of Coal Country, Competing Visions for the Future of Energy
- Tori Bowie’s Olympic Teammates Share Their Scary Childbirth Stories After Her Death
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Ice-fighting Bacteria Could Help California Crops Survive Frost
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- North Korea has hacked $1.2 billion in crypto and other assets for its economy
- Teen arrested in connection with Baltimore shooting that killed 2, injured 28
- Hundreds of Toxic Superfund Sites Imperiled by Sea-Level Rise, Study Warns
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- U.S. saw 26 mass shootings in first 5 days of July alone, Gun Violence Archive says
- Make Waves With These 17 The Little Mermaid Gifts
- How inflation expectations affect the economy
Recommendation
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
The blizzard is just one reason behind the operational meltdown at Southwest Airlines
Justice Department asks court to pause order limiting Biden administration's contacts with social media companies
A Federal Court Delivers a Victory for Sioux Tribe, Another Blow for the Dakota Access Pipeline
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Taylor Swift releases Speak Now: Taylor's Version with previously unreleased tracks and a change to a lyric
Banks’ Vows to Restrict Loans for Arctic Oil and Gas Development May Be Largely Symbolic
No New Natural Gas: Michigan Utility Charts a Course Free of Fossil Fuels