A contract that is the first document to bear the name of Apple Computer Co. has sold at auction for $1.59m (£1m) in New York.
The set of papers, including a three-page document establishing Apple, was sold by Sotheby’s on Wednesday to Eduardo Cisneros, chief executive of Cisneros Corp., according to Sotheby’s. The estimated sale price had been between $100,000 (£64,000) and $150,000 (£97,000), the auction house said.
The documents were originally owned by Ronald Wayne, one of Apple’s three co-founders, who remained a partner for only a few days.
Wayne, who worked at Atari at the time, was asked by Jobs to convince Wozniak to join Apple.
He started off with a 10 percent share in the company, but pulled out a few days later, selling his share for $800 (£516), plus a later payment of $1,500 (£967). The share would now be worth several billion dollars.
Wayne is credited with drawing Apple’s first logo and writing the manual for the Apple I computer. He is now retired and sells stamps and rare coins from his Nevada home, according to a 2010 report by the San Jose Mercury News.
Workforce blow. Newly privatised Toshiba has embarked on a 'revitalisation plan' that will entail the…
European Commission opens an official child safety investigation into Facebook and Instagram-owner Meta Platforms
Hundreds of AI and cloud engineers are being offered relocation out of China by Microsoft,…
Workers at unionised Apple store in Maryland vote to authorise first ever strike, after delays…
Elon Musk loses bid to avoid court order to force him to testify in SEC…
Explore how cutting-edge technologies are reshaping decision-making, driving innovation, and propelling businesses into the data-driven…