Apple 3 is released with less than expected success. In the same year Apple Computer Co. became a publicly traded company to the stock market. On the first day of trading the market value was $1.2 billion.
Job’s has resigned as Apple’s CEO and started a software company called NeXT, Inc. The same year he purchased an animation company from George Lucas. The animation company became Pixar Animation Studios.
The iTunes covers the evolution of applications and the refinement of a simple mp3 or a music player of some sort to a control center for many media types.