Apple Introduces the Newton
August 3, 1993
Apple introduces the Newton MessagePad, one of the world’s first Personal Digital Assistants (PDA). The term PDA was first used by Apple CEO John Scully in 1992. While a commercial failure, the Newton platform set the bar for future PDA designs. But perhaps the most important advancement the Newton offered to the technology industry was the development of the ARM processor architecture. Apple partnered with and invested heavily in the fledgling architecture to power the Newton devices, acquiring 43% of Advanced RISC Machines, Ltd. in the process. The ARM architecture has been the foundation of most of the world’s mobile devices since that time, including all versions of the Apple iPhone and iPad and now the M series processors for the Macintosh. Incidentally, in 1998 Apple began selling much of their ownership interest in ARM, reportedly generating around $1 billion through 1999. This gave Apple some much needed cash to carry them through their darkest days and into their turnaround to become the world’s most valuable company.
Radio Shack Introduces TRS-80
August 3, 1977
Radio Shack introduces their first computer, the TRS-80. With the support of 3500 Radio Shack stores plus a relatively low cost, the TRS-80 helped drive the acceptance of the personal computer in the home. Originally forecasting sales of just 3,000 to 5,000 per year, the TRS-80 sold over 10,000 units in the first month-and-a-half of sales and 200,000 over the lifetime of the product.
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.