The Transition to Transistors Begins
June 30, 1948
Originally designed to create improvements to electromechanical relays and vacuum tubes in telephone switching equipment, Bell Labs holds a press conference in New York to publicly demonstrate the first point-contact transistor. The transistor represents a significant advance in technology. As it is developed over the next few years, it will become the successor to the vacuum tube, the primary method of controlling electronic circuitry at the time. The use of transistors allows the development of the integrated circuit and microchips which kickstarted the rapid advance of electronic and computerized technology over the last 70+ years. Every industry that utilizes technology, from communications to computers to space travel to video games to media, owes a great deal to the development of the transistor.
The Phone That Changed Everything
June 29, 2007
Nearly 6 months after it was introduced, Apple’s highly-anticipated iPhone goes on sale. Generally downplayed by Old Word Technology pundits after its introduction, the iPhone was greeted by long lines of buyers around the country on that first day. Quickly becoming an overnight phenomenon, one million iPhones were sold in only 74 days. Since those early days, the ensuing iPhone models have continued to set sales records and have completely changed not only the smartphone and technology industries, but the world as well.
Apple Passes $500 Billion Valuation
February 29, 2012
The stock value of Apple, Inc. surpasses $500 billion, setting a new record for the company which was already the world’s most valuable company at the time. This day marks a milestone on the historic run for the company from near-bankruptcy in the 1990’s to one of the most, if not the most, dominant technology company in recent history. Apple would later become the first company in history to surpass $700 billion in value in February 2015.
Tokyo Skytree Completed
February 29, 2012
Construction of the Tokyo Skytree broadcast tower, delayed two months due to the 2011 Japan earthquake and tsunami, is completed on leap day – February 29th, 2012. The Tokyo Skytree is the tallest structure in Japan and the world’s tallest tower.