Instant Alert: 17 incredible facts you probably didn't know about Apple

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   17 incredible facts you probably didn't know about Apple by Matt Weinberger on Apr 1, 2016, 9:39 AM Advertisement Apple is the most valuable company in the world — and it has the cash on hand to prove it. But even before the iPhone revitalized the company in 2007, Apple had a rich and storied history as one of the first companies to make it really big in Silicon Valley. Here are 17 things you probably didn't know about Apple, from its clothing line to Bill Gates to its serious financial trouble. SEE ALSO: 11 mind-blowing facts about Apple that show just how massive the company really is Apple was founded on April 1 — April Fool's Day — in 1976. It wasn't until 2011's posthumous biography "Steve Jobs" that we found out where it got its name: Turns out, Steve Jobs had been on a "fruitarian" kick and just really liked apples. Apple had a third cofounder named Ronald Wayne, who left the company less than a year later in 1977. Wayne designed the company's first logo, seen below. He ended up selling Jobs and Wozniak his stake in Apple for $800. Apple's first computer, the Apple 1, was actually a "do-it-yourself" kit that required people to build their own case. It retailed for an extremely devilish $666.66. See the rest of the story at Business Insider   Share the latest business news with your network: Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011