1896 – Henry Ford gets ready to test drive the first Quadricycle (a.k.a. Car). Only one problem – They didn’t make the garage door big enough. Out comes the Ax – A couple chops and a wider door was created. The car ran 2 speed, but could not go in reverse.
2001 – The computer animated movie “Shrek” hits theaters. The 90 minute movie was produced on a $60 million budget and although it’s first weekend only saw $42 million , the overall theatrical run brought in $487 million. Shrek was the first computer animated film to win an Academy Award (Best Animated Feature).
1984 – Apple announced they would split up the Cupertino based company into three divisions – Apple II (handling all Apple III computers as well), the Apple 32 division (Lisa, and new Macintosh line of computers) and Accessory Products (Printers, keyboards, etc).
Delbert Yocam led the Apple II group which Steve Jobs would take care of Apple 32. Michael Muller would lead the accessories.
Apple did a lot of reorganizing, including Michael Spindler to VP of the European group and William Campbell to VP of sales in the US.
In 1984, they also introduced the Macintosh, with a groundbreaking Superbowl ad. At this time, Sculley and Jobs were co-working on a better Apple computer, but that would turn sour where Jobs resigned in 1985 to start NeXT Computers.
1996 – Texas Instruments announced it would release the TI-83 and became one of the most popular calculators. The TI-83 had many graphing modes including polar, parametric, sequence and function graphs. It could also run statistics, trigonometry and algebraic functions.
The TI-83 was replaced by the 83 Plus in 1999 which added flashable memory for upgrades. This calculator is still available today and you can get the Texas Instruments TI-83 Plus Graphing Calculator on Amazon.
The TI-83 had a Zilog Z80 processor at 6 MHz and 32 kb of RAM. You could use 4 AAA batteries or the power supply to run. Price was $125
2004 – It was an interesting day in the Tech community when we heard the news. IBM was getting out of the desktop and laptop markets and focus on server and infrastructure. They started by selling all their assets to Lenovo – China’s largest computer manufacturer. Lenovo wasn’t a household name in the US, but this pretty much changed that overnight.The deal was for $650 million in cash and $600 million in stock. Lenovo would also acquire $500 million in IBM liabilities, which would put the total to $1.75 billion. In return, Lenovo would instantly become the 3rd largest PC vendor with $12 billion in revenue, not to mention major markets in both China and the U.S.
2008 – After battle upon battle between Microsoft, Google and shareholders (including Carl Icahn), Jerry Yang finally announced to all he was stepping down as CEO of Yahoo! The previous days, Steve Ballmer said they are not going forward with any future purchase of Yahoo! Because of this, stock hit it’s lowest share price, $8. That, the failed Google affiliation (due to antitrust issues), and a very despondent group of investors, Jerry felt it best to step back in his roll.
2011 – Netflix CEO Reed Hastings made one of the biggest blunders of 2011 when he announced not only was the DVD section of Netflix getting a new name, but also that section was up for sale. Qwikster brought a lot of attention rapidly for two reasons – 1. It was close to Amway’s spin-off Quixster, and 2. Qwikster used to be the twitter handle of a pot-smoking Elmo character. Since then, Hastings apologized and the company reeled back the statement. However, it was not before they lost 2/3 of their stock and over 800,000 subscribers. Currently, their stock is at $57 a share (from $295 back in July 2011).
ATT Logo
1995 – The National Cash Register Company (NCR) Started in 1884 with Point of Sales registers. The company deals in all types of POS, but had financial problems. In 1991, AT&T purchased NCR for $7.4 billion. NCR has been the only AT&T acquisition that retained their original name. on Sept. 201995 AT&T would spin NCR back into it’s own company due to the antitrust issues put forward
2004 – Google files the S-1 form with SEC for their IPO. They said they wanted to raise US$2,718,281,828; a Mathematical algorithm based on the day they filed. The form can be found at SEC.gov
The stock finally started trading on August 19, 2004 at $85 a share in a unique online auction.