April 11, 1976 – The Apple Computer 1 is released by the Apple Computer Company
On March 5, 1975, Steve Wozniak attended the first meeting of the Homebrew Computer Club in Gordon French’s garage. He was so inspired that he immediately set to work on what would eventually become the Apple I computer.
After building it for himself and showing it at the club, he and Steve Jobs gave out schematics (technical designs) for the computer to interested club members and even helped some of them build and test out copies.
Then, Steve Jobs suggested that they design and sell a single etched and silkscreened circuit board—just the bare board, with no electronic parts—that people could use to build the computers.
Wozniak calculated that having the board design laid out would cost $1,000 and manufacturing would cost another $20 per board; he hoped to recoup his costs if 50 people bought the boards for $40 each. To fund this small venture—their first company—Jobs sold his van and Wozniak sold his HP-65 calculator.
Very soon after, Steve Jobs arranged to sell "something like 50" completely-built computers to the Byte Shop (a computer store in Mountain View, California) at $500 each.
To fulfill the $25,000 order, they obtained $20,000 in parts at 30 days net and delivered the finished product in 10 days.
The Apple I went on sale in July 1976 at a price of US$666.66, because Wozniak "liked repeating digits" and because of a one-third markup on the $500 wholesale price.
The first unit produced was used in a high school math class, and donated to Liza Loop’s public-access computer center. About 200 units were produced, and all but 25 were sold within nine or ten months.