Sculley Forces Out Jobs

Jobs & Sculley 1985April 11, 1985

Almost exactly 2 years after joining Apple, John Sculley, asks Steve Jobs to step down as head of the Macintosh division at an Apple Computer board meeting. With the backing of the company’s other executives, Jobs is stripped of nearly all responsibilities at Apple. While Jobs retains the title of Chairman, he has no authority and eventually leaves Apple.

The First Vertical Jet Flies

April 11, 1957

The Ryan X-13 Vertijet makes its first vertical take off and landing, marking the first time a jet-powered aircraft successfully completed a VTOL flight. Militaries around the world at the time were experimenting with the concept of VTOL as a way of having aircraft that could take off and land from areas with no runway. While the X-13 was tested successfully, the program was cancelled after only two years. The X-13 concept proved unfeasible for the United States military due to a variety of issues, including payload and range capabilities.

Apple Passes $500 Billion Valuation

Apple-StockFebruary 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

1024px-Tokyo_Sky_Tree_2012

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.