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. >> steve wozniak has just called into the show, yes, that steve wozniak on apple's 40th birthday nos. see what he sees ahead for the tech titan and his vision for the future. i'm melissa lee. you're watching cnbc, first in business wooirld. meantime, here's what sells coming up on "fast." >> here's looking at you, kid. >> here's looking at you, apple. as the tech giant celebrates its 40th birthday today, but what about the next big tech stocks you can own for the next 40 years? the four names our traders are betting on big. >>> plus, gold's doing something it hasn't done since this movie was a hit. and it could just be the start of a much bigger move when ""fast money" returns." >>> woe are wishing a very happy birthday to apple, the company skel bralting the anniversary of its founding on this day 40 years ago by steve jobs, steve wozniak and ryan wayne. we're joined now by apple co-founder steve wozniak. a pleasure to be able to speak to you. >> a pleasure to be able to talk to you. >> does it feel like just yesterday you were sitting around in a garage just tinkering? >> i can go
. >> steve wozniak has just called into the show, yes, that steve wozniak on apple's 40th birthday nos. see what he sees ahead for the tech titan and his vision for the future. i'm melissa lee. you're watching cnbc, first in business wooirld. meantime, here's what sells coming up on "fast." >> here's looking at you, kid. >> here's looking at you, apple. as the tech giant celebrates its 40th birthday today, but what about the next big tech stocks you can own for the...
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there was a problem he was having at that time with steve wozniak. i said we would sit down and chat. it took me less than an hour to get him to understand, no, you cannot do it that way for a business enterprise. ok, fine, he bought into it and understood. at that moment, steve jobs says we are going to form a company. 12 days later, i went down to the registrar's office and had my name taken off the contract. and the company goes proof -- poof, we are individually liable for the debts of the company. jobsand was in the act -- and wozniack did not have two nichols to rub together. , and i house and a car was reachable. some months later, i get a check in the mail or $1500. it says all i have to do is sign away any possible interest i can have in the apple computer company and the check is mine. well, i figured that i had already done that. as far as i was concerned, it was found money, so i went ahead and signed. >> i think people will watch , you must often think what could have been. do you? >> i would have wound up heading a very large documentat
there was a problem he was having at that time with steve wozniak. i said we would sit down and chat. it took me less than an hour to get him to understand, no, you cannot do it that way for a business enterprise. ok, fine, he bought into it and understood. at that moment, steve jobs says we are going to form a company. 12 days later, i went down to the registrar's office and had my name taken off the contract. and the company goes proof -- poof, we are individually liable for the debts of the...
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Apr 29, 2016
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. >> steve wozniak is going to be here early and let the team out on the ice.night we are going high-tech with steve wozniak. >> fans must be super happy the series starts here at home. also nervous because sometimes the shark are not at their best at home. sorry sharkey. >> the team played better at home toward the end of the season. both teams are playing great. we had an opportunity to rest up a little bit. coming off game seven, a physical game seven against anaheim. our team is well rested. i like our chances. >> it was nearly a clean sweep of the l.a. kings. what are the chances against nationals? >> i think they are great. it's going to be a very defensive series. i think our team is playing really good hockey right now. the sharks will win it in five. >> all right. win it in five. we'll take your word on that. is there a street fair for fans outside the sap center 5:00 to 7:00 tonight. you are advising people to get here early because it is going to be a busy and fun scene. >> there will be an influx of people coming into the building. we want to make s
. >> steve wozniak is going to be here early and let the team out on the ice.night we are going high-tech with steve wozniak. >> fans must be super happy the series starts here at home. also nervous because sometimes the shark are not at their best at home. sorry sharkey. >> the team played better at home toward the end of the season. both teams are playing great. we had an opportunity to rest up a little bit. coming off game seven, a physical game seven against anaheim. our...
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Apr 1, 2016
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. >> the urge to tinker came from another guy, steve wozniak. >> if that didn't happen, just like steve job said, apple would never have happened. >> apple one was hobbyists, apple two, for everyone, especially kids. giving millions of students a chance to touch a computer. >> and the macintosh. only after the ill-fated lisa. >> expensive hard to use. after failure, it wasn't the last time apple needed a few tries to get something right. >> the technology wasn't there yet. >> but then, steve jobs returned and the next tiny device was a different story. >> the ipod changed things and said we're going to dominate lives. >> it gave way to the ipad and app store >> i never would have seen that coming. >> not good for two guys in a garage. >>> a record breaking fund raising event took place last night at lucas film in san francisco. the money benefits the breast cancer emergency fund. trivia night made up of teams of employees. there is drew tuma in concentration. that number is brought to $1 million. >> our weather is looking good, too. >> things are looking good. fog across the coastline,
. >> the urge to tinker came from another guy, steve wozniak. >> if that didn't happen, just like steve job said, apple would never have happened. >> apple one was hobbyists, apple two, for everyone, especially kids. giving millions of students a chance to touch a computer. >> and the macintosh. only after the ill-fated lisa. >> expensive hard to use. after failure, it wasn't the last time apple needed a few tries to get something right. >> the technology...
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. >> the urge to tinker came from another guy, steve wozniak. >> if that didn't happen, just like steve job said, apple would never have happened. >> apple one was hobbyists, apple two, for everyone, especially kids. giving millions of students a chance to touch a computer. >> and the macintosh. only after the ill-fated lisa. >> expensive hard to use. after failure, it wasn't the last time apple needed a few tries to get something right. >> the technology wasn't there yet. >> but then, steve jobs returned and the next tiny device was a different story. >> the ipod changed things and said we're going to dominate lives. >> it gave way to the ipad and app store. >> i never would have seen that coming. >> not good for two guys in a garage. >>> a record breaking fund raising event took place last night at lucas film in san francisco. the money benefits the breast cancer emergency fund. trivia night made up of teams of employees. there is drew tuma in concentration. that number is brought to $1 million. >> our weather is looking good, too. >> things are looking good. fog across the coastline,
. >> the urge to tinker came from another guy, steve wozniak. >> if that didn't happen, just like steve job said, apple would never have happened. >> apple one was hobbyists, apple two, for everyone, especially kids. giving millions of students a chance to touch a computer. >> and the macintosh. only after the ill-fated lisa. >> expensive hard to use. after failure, it wasn't the last time apple needed a few tries to get something right. >> the technology...
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Apr 3, 2016
04/16
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he had steve wozniak and these people around him.so, for small businesses, yeah, we know it's important to create great teams, but maybe it's even more important than we thought. so that's what i think people need to think about. >> absolutely. and look, if you are looking for a job, you want to work with smart people. right? if you are smart -- >> right. >> you're the kind of person that a ceo wants to bring on, you're the kind of person who wants to be surrounded by smart people. you don't want to be the smartest person in the room. you want everyone -- >> absolutely. and, yes, and what are you looking for? well, you could look for experience. which is a mistake. i think a lot of small businesses make. we're going to hire for experience. but look it, coach wooden wasn't trying to find the most experienced center. he's trying to find the best center. you're looking for smart, emotionally intelligent, capable, can think on their own. you find those people, surround yourself with those people and your teammates are going to be better.
he had steve wozniak and these people around him.so, for small businesses, yeah, we know it's important to create great teams, but maybe it's even more important than we thought. so that's what i think people need to think about. >> absolutely. and look, if you are looking for a job, you want to work with smart people. right? if you are smart -- >> right. >> you're the kind of person that a ceo wants to bring on, you're the kind of person who wants to be surrounded by smart...
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steve wozniak was the cofounder of apple in the 1970's. today it is a company worth $600 billion.thompson asked him if he thinks apple was right in refusing to assist the fbi in unlocking the phone. steve: is apple have the data they would turn it over and they have. thousands of cases. severus security is a critically important. apple has been the good guy. there are politicians who don't have a clue as to what severus security is about trying to pass laws saying that apple has to make the product secure -- that is a crime. so horrible. i just cry. reporter: he said silicon valley care too much about making money. young people coming up with a new idea, in a dorm room, in a garage, something nobody thought was going to be anything big. now it becomes big. get investors from you go public, you have an ipo, and all the owners of your company are making decisions and they are out there and they're only interested in the money. people still want to do good more than make money, they become forced to have to go the other way overtime. reporter: do you worry that the company you founde
steve wozniak was the cofounder of apple in the 1970's. today it is a company worth $600 billion.thompson asked him if he thinks apple was right in refusing to assist the fbi in unlocking the phone. steve: is apple have the data they would turn it over and they have. thousands of cases. severus security is a critically important. apple has been the good guy. there are politicians who don't have a clue as to what severus security is about trying to pass laws saying that apple has to make the...
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a lot has changed since steve jobs and steve wozniak started the company. change might be you is running the show. sam grobart explains how ceo tim cook is taking apple into the future. sam: the time of transition from steve jobs as leader of apple to tim cook was an incredibly charged moments -- very close to his own death, he said to tim cook ion't everant you to ask what would steve jobs do. i wanted to do what is right. mr. cook: and here it is. sam: none of the genius that is a treatment to steve jobs would have been able to haen had it not been for the supply built, andtim cook when he started, there was not much of a supply chain. went way into fundamental technologies, so they would be the first in line to get them and they will be made to the standards that apple wanted. the combination of all those things give apple an advantage that to this day, no other have andc companiess hard to imagine ever would. tim: the apple watches the most advanced timepiece ever created. sam: to say cook is not come out with an amazing groundbreaking product like steve
a lot has changed since steve jobs and steve wozniak started the company. change might be you is running the show. sam grobart explains how ceo tim cook is taking apple into the future. sam: the time of transition from steve jobs as leader of apple to tim cook was an incredibly charged moments -- very close to his own death, he said to tim cook ion't everant you to ask what would steve jobs do. i wanted to do what is right. mr. cook: and here it is. sam: none of the genius that is a treatment...
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steve wozniak, cofounder of apple computer's. like to talk now about a few of the inventors featured in the book, along with images of their models. george corliss was known worldwide for his contributions to the design and construction of the steam engine. established the corliss nightingale company in rhode island. of all the thousands of steam engines built at the factory, the most famous was one at the 1876 centennial exhibition in philadelphia. the steam engine was the largest in the world and supply power to 14 acres of machinery. this patent model is the corliss cure cutting machine patented in 1877. the machine was adapted to koch -- to cut gears with any required degree of bevel. this was the machine on display at the centennial exhibition. eli whitney, the inventor of the con gin, was born in westborough, massachusetts in 1765. his father was a farmer. whitney revolutionized the cotton industry with invention for removing seeds from con fiber. eli whitney's son also named eli was born in 1820 and was five years old at t
steve wozniak, cofounder of apple computer's. like to talk now about a few of the inventors featured in the book, along with images of their models. george corliss was known worldwide for his contributions to the design and construction of the steam engine. established the corliss nightingale company in rhode island. of all the thousands of steam engines built at the factory, the most famous was one at the 1876 centennial exhibition in philadelphia. the steam engine was the largest in the world...
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steve wozniak said, "nice." [ laughter ] mark zuckerberg said, "awesome. aid, "join the club." >> steve: wow. [ laughter ] >> jimmy: i think they're talking about -- [ applause ] they're talking about two different -- >> steve: they're talking about iphones. >> jimmy: maybe he makes phones, i don't know. panera bread. >> steve: oh, good. [ light laughter ] love panera. >> jimmy: i follow them. >> steve: yeah, you follow them all the time. >> jimmy: on every social media -- >> steve: every social media outlet they have. >> jimmy: it's fantastic. >> steve: i've seen you just sit and park your car and watch panera bread. [ laughter ] >> jimmy: well, they posted -- they said, "we throw out our unfresh bread every night." let's see some of the comments. subway responded, "it's always better to eat fresh." i guess. papa john's commented, "customers will appreciate the quality of your food." and olive garden commented, "where do you usually dispose of it? asking for a friend." [ laughter ] >> steve: wow. [ applause ] >> jimmy: unlimited -- unlimited breadsticks. >
steve wozniak said, "nice." [ laughter ] mark zuckerberg said, "awesome. aid, "join the club." >> steve: wow. [ laughter ] >> jimmy: i think they're talking about -- [ applause ] they're talking about two different -- >> steve: they're talking about iphones. >> jimmy: maybe he makes phones, i don't know. panera bread. >> steve: oh, good. [ light laughter ] love panera. >> jimmy: i follow them. >> steve: yeah, you follow them all...
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steve jobs, steve wozniak, selling their first computer for 666.66. winkles. p is worth more than $600 billion, everybody knows about and it steve jobs, it's interesting because he had a feeling, talking to neil cavuto, 18 years ago, check this out. >> given all of your other undertakings, is this a labor of love or is it just your mission statement now to get apple back on track? >> um, i think apple started in my parents' garage, and steve's in the yack and i put a -- wozniak and i put a lot of years into and the computer industry is young and apple is a company that has made great technology really easy, and really approachable for people, and i think the world would be a slightly worse off place without apple computer. >> amazing, 40 years. karl rove making waves by saying that a, quote, fresh face may be the g.o.p. nominee. whoa. not one of the names you know. karl rove is next. when you have a digital notebook to capture investing ideas that instantly gives you stock prices, earnings, and dividends... an equity summary score that consolidates the stock ra
steve jobs, steve wozniak, selling their first computer for 666.66. winkles. p is worth more than $600 billion, everybody knows about and it steve jobs, it's interesting because he had a feeling, talking to neil cavuto, 18 years ago, check this out. >> given all of your other undertakings, is this a labor of love or is it just your mission statement now to get apple back on track? >> um, i think apple started in my parents' garage, and steve's in the yack and i put a -- wozniak and...
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. >> reporter: apple, launched by steve jobs and steve wozniak, became an official company april 1st, 1976. >> there was some feeling, even back then, that we were going to do something that was going to change the world and change how people related to computers. we had big ideas. >> some of those ideas did change the world. others fell flat, as apple in the mid-'90s struggled with its products and even to stay afloat. >> and there was a short time in there that we had lost sight of that. that we were really trying to make mac like pcs. >> reporter: then steve jobs famously came back and apple rebooted. >> so steve had come back in '97 and reinstilled that spirit that we were going to exist for the purpose of changing the world. and reigniting that. >> reporter: as apple grew, veterans shared space with silicon valley's newest generation. >> it is definitely a big company, but like the feeling is so much like a startup. they're as hungry as other entrepreneurs i was talking to at stanford. >> reporter: and now with customers hungry for new products, apple prepares to move into someth
. >> reporter: apple, launched by steve jobs and steve wozniak, became an official company april 1st, 1976. >> there was some feeling, even back then, that we were going to do something that was going to change the world and change how people related to computers. we had big ideas. >> some of those ideas did change the world. others fell flat, as apple in the mid-'90s struggled with its products and even to stay afloat. >> and there was a short time in there that we had...
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. >> reporter: apple launched by steve jobs and steve wozniak became an official company april 1st, 1976. >> there was this feeling, even back then, that we were going to do something that was going to change the world and change how people related to computers. we had big ideas. >> reporter: some of those ideas did change the world. others fell flat. as apple in the mid 90s struggled with its products and even to stay afloat. >> there was a short time in there, right? that we had lost sight of that. that we were really trying to make mac like p cs. >> reporter: then steve jobs famously came back and apple rebooted. >> so steve had come back in '97 and reinstilled that spirit that we were going to exist for the purpose of changing the world. and reigniting that. >> reporter: and as apple grew, veterans shared space with silicon valley's newest generation. >> it is definitely a big company. but like the feeling is so much like a start up. they're as hungry as other entrepreneurs i was talking to at stanford. >> reporter: and now with customers hungry for new products, apple prepares to mo
. >> reporter: apple launched by steve jobs and steve wozniak became an official company april 1st, 1976. >> there was this feeling, even back then, that we were going to do something that was going to change the world and change how people related to computers. we had big ideas. >> reporter: some of those ideas did change the world. others fell flat. as apple in the mid 90s struggled with its products and even to stay afloat. >> there was a short time in there, right?...
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it has come a long way since steve jobs and steve wozniak built their first computer in los altos, californiarage. you remember. if you bought a couple shares of that stock, $10,000 of the shares, would be worth 2 1/2 million. hopefully some people made out like bandits. melissa: wow. rocky road for donald trump in and wisconsin women are pretty set against him. our panel weighs in on our first-ever fox business poll and the high pressure fight for the female vote. >>> plus, panic on the pier after a harbor cruz make as terrifying crash. details coming up. >> i know the guy standing next to us, started saying everybody we've got to move, we've got to move. its coming in hot. you can't breathed. through your nose. suddenly, you're a mouthbreather. well, just put on a breathe right strip which instantly opens your nose up to 38% more than cold medicine alone. shut your mouth and say goodnight mouthbreathers. breathe right being hacked and intellectual property being stolen. that is cyber-crime and it affects each and every one of us. microsoft created the digital crimes unit to fight cyber-crim
it has come a long way since steve jobs and steve wozniak built their first computer in los altos, californiarage. you remember. if you bought a couple shares of that stock, $10,000 of the shares, would be worth 2 1/2 million. hopefully some people made out like bandits. melissa: wow. rocky road for donald trump in and wisconsin women are pretty set against him. our panel weighs in on our first-ever fox business poll and the high pressure fight for the female vote. >>> plus, panic on...
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. >>> it's apple's birthday. 40 years ago today steve jobs and steve wozniak founded apple computers, and the firm impacted the world beyond anyone's imagination. today there are 1 billion active apple devices around the world. there are 11 million apple developers. the firm is responsible for 2 million jobs in the u.s. alone. over 4 million in china. in terms of market cap at its current levels, apple is bigger than intel, ibm, cisco, and adobe combined. as for how products have changed over the years, take a look at how the personal computer has transformed from the apple i to today's mac book air. remember, of course, ipods having all of your music in your pocket was all the rage. now you can basically do anything on your iphone. the first edition was released in 2007. look how far it has come. we've all got one. >> not everybody. a lot of people still have samsungs. >> i mean, 40 years. what an amazing history. >>> still to come on the show, donald trump is struggling, perhaps, to regain footing in the gop race after a stumble this week. will it cloud his path to the nomination? w
. >>> it's apple's birthday. 40 years ago today steve jobs and steve wozniak founded apple computers, and the firm impacted the world beyond anyone's imagination. today there are 1 billion active apple devices around the world. there are 11 million apple developers. the firm is responsible for 2 million jobs in the u.s. alone. over 4 million in china. in terms of market cap at its current levels, apple is bigger than intel, ibm, cisco, and adobe combined. as for how products have...
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steve wozniak wasn't impressed by that. certainly more people owned cars than would own watches. do you think apple should spend its time on bigger total adre addressable markets? >> one of the points i made when the product came out is i believe the value in the apple watch relates to the larger ecosystem. products like apple pay where, when you are in a store, if you can put your watch up to the reader, that's a pretty attractive feature. it's incredibly secure because as seldom as people lose smartphones, they lose watches far less often than they do phones. so the idea that it could be a fundamental building block of the largest apple ecosystem i think is well within reach. the challenge is you have to get the product right. to john's point, it wasn't the killer product that the iphone 1.0 was but they did sell 12 million units and they are apple. i do think they get to keep playing with it. but at the end of the day, it's never going to move the needle on its own. not on revenues. there's no way to sell enough watches at $500 to matter. but i don't think that's the point. i
steve wozniak wasn't impressed by that. certainly more people owned cars than would own watches. do you think apple should spend its time on bigger total adre addressable markets? >> one of the points i made when the product came out is i believe the value in the apple watch relates to the larger ecosystem. products like apple pay where, when you are in a store, if you can put your watch up to the reader, that's a pretty attractive feature. it's incredibly secure because as seldom as...
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ashley: steve wozniak and steve jobs had this idea, apparently bonded over hacking a long distance phonehnology as becoming a cultural phenomenon from the beginning and that always remained with the way it developed. >> in december 1980, when cell phones were the size of footballs and the videogame. stuart: back to the gop and donald trump's female support problem. a new fox business poll in wisconsin, 46, trumps female support, 27. come on in, you have gone all out to exploit trump's weakness and several events of ted cruz loves women, several events with ted cruz and various women. is that correct? >> good morning. the reason we are for ted cruz is while donald trump degrades and boules women and hillary clinton embarrasses women, ted cruz respects us and sees women as his partners. and ted cruz, was raised i very strong wonderful women. she got a degree in math, from rice university, pioneered the field in computer technology, and ted cruz chose to marry heidi cruz. a lot of people don't realize heidi cruz has an mba with harvard business degree and many other degrees, and an awesome
ashley: steve wozniak and steve jobs had this idea, apparently bonded over hacking a long distance phonehnology as becoming a cultural phenomenon from the beginning and that always remained with the way it developed. >> in december 1980, when cell phones were the size of footballs and the videogame. stuart: back to the gop and donald trump's female support problem. a new fox business poll in wisconsin, 46, trumps female support, 27. come on in, you have gone all out to exploit trump's...
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steve jobs in college. they discussed spirituality and traveled together and spent a week on a farm harvesting apples and fasting open apples. that is where the apple image came from. >> besteve wozniak met a give called captain crunch, a good friends of mine, old phone freak who figured how to make free phone calls with tones in the phones and it was an incredible year and after that happened, steve joshes said, apple would never have happen. >> the apple one was for hobbyists and the apple it was foreign, especially kids. >> it gave millions of students a chance to touch a computer for the first time. >> and the mcintosh ill-fated lisa. >> it was doomed because other companies did not buy into buying software. >> after failure and success apple needed a few tries to get it right were the next big flops with smaller. >> it was a look at the future that arrived two soon. >> technology wasn't there credit. >> but staff jobs returned to the company and the next device was different. all the ipod changed things. when that was introduced apple was saying we are going to dominate people's lives and gave way to the iphone and ipad with the app store. >> never who is seen that happening. >>
steve jobs in college. they discussed spirituality and traveled together and spent a week on a farm harvesting apples and fasting open apples. that is where the apple image came from. >> besteve wozniak met a give called captain crunch, a good friends of mine, old phone freak who figured how to make free phone calls with tones in the phones and it was an incredible year and after that happened, steve joshes said, apple would never have happen. >> the apple one was for hobbyists and...