Steve Jobs cried when he read Time's 1982 Man of the Year

He thought his face was going to be on the magazine's cover, not a computer

By Philip Elmer-DeWitt - CNNMoney
October 24, 2011: 8:00 AM ET

"As 1982 drew to a close," Walter Isaacson writes in Steve Jobs, the definitive biography published Monday, "Jobs came to believe that he was going to be Time's Man of the Year."

I read this passage of Isaacson's book with particular interest, since both he (as a junior editor) and I (on a writer's trial) were working at the magazine at the time.

The word in the hallways in December 1982 was that Ray Cave, Time's managing editor, was waiting until the last minute to choose between Jobs and the magazine's first "Machine of the Year."

"They FedExed me the magazine," Jobs says in the book, "and I remember opening the package, thoroughly expecting to see my mug on the cover, and it was this computer sculpture thing. I thought "Huh?" And then I read the article , and it was so awful that I actually cried." Jobs believed he had been betrayed by Moritz ("he was jealous and ... wrote this terrible hatchet job. So the editors in New York get this story and say, 'We can't make this guy Man of the Year.'")

Source: http://tech.fortune.cnn.com/2011/10/24/steve-jobs-cried-when-he-read-times-1982-man-of-the-year/?section=magazines_fortune

No one will remember who Moritz is.

from Stowe's own time.

I doubt even the guy's own descendants would recognize his name, but people all over the world know her.

he's just jealous, but then, Michael Moritz isn't dead, so he's one up.

so no, he probably didn't cry.

"Are Foxconn Suicides Misrepresented By Media? Employees Are Far Less Likely To Committ Suicide

Taiwanese-owned Foxconn has had seven suicides this year. That sounds like a lot, but the firm has an estimated 800,000 workers, more than 300,000 of them at a single plant in Shenzhen.

Although exact figures are hard to come by, even the most conservative estimate for China’s suicide rate is 14 per 100,000 per year (World Health Organization). In other words, Foxconn’s suicide epidemic is actually lower than China’s national average of suicides."

http://www.siliconvalleywatcher.com/mt/archives/2010/05/are_foxconn_sui.php

He smiled all the way to the bank.

I'm not sure what your point is.

Cheap labor maximized his profits on overpriced gadgets.
His practices hurt the US economy as well as the US workforce.
But I'm certain you cannot comprehend that... they don't have an app for that.

The only reason that Chinese unemployment is drifting upward is because less Americans can afford the product now produced in China.
And if you think the unemployment numbers of the US are dropping, you are quite mistaken.

If he paid so poorly why did almost a million Chinese accept employment at Foxconn?

If his gadgets are so overpriced, why are they dominating the cellphone and personal music player markets?

How do you figure his practices "hurt the US economy" when the world is buying Apple products, Apple employs 40,000 American workers (not including retail vendors), and Apple stock - a key component of IRAs and company retirement plans - has gone through the roof?

How do "less Americans'" (sic) ability to afford product now produced in China matter when American trade makes up about 1/10 of China's export trade?

If unemployment numbers of the US aren't dropping, why are the bars on the right of this graph getting lower?



You start and end with talking points, and pretty lame ones at that.

Steve Jobs contracted Foxconn because it costs less to produce a product when you are paying the workers $0.64 per hour. The Chinese accespt these jobs because they fear unemployment, not much different than someone here choosing between working at Walmart or starving.


Marketing. Apple has an excellent marketing group that has pushed their brand to the limits. The have mastered the art of making people believe that their inferior product (resolution cameras, slower processor, shorter battery life, less energy-efficient touch-screen technology) than their counterparts. People buy into the marketing, and believe that it is a better product because it costs more.


Seriously? I mean, REALLY!? In 2006 the iPod product employed nearly twice as many people outside the United States as it did in the country where it was invented — 13,920 in the United States, and 27,250 abroad. Does that sound like an effective drivers of job growth? Sure, APPL stock rose significantly due to profits and the shareholders are very happy. We will see how fast that tide changes when the economy slumps again.


35 percent of China's exports land in U.S. markets.


Oh for shit's sake... check the scale of the graphs X-axis before you make a comparison. Hell, I could plot it on a logarithmic scale and prove how unemployment rates have been flat for several decades.

So, take your bullshit someplace else.

Chinese Struggling Less Than Americans to Afford Basics
Almost one in five Americans say they did not have enough money for food in the past year

Source: http://www.gallup.com/poll/150068/chinese-struggling-less-americans-afford-basics.aspx

And we've all been fooled into thinking Apple products are more valuable than they are because of clever marketing.

And a linear scale is a logarithmic scale (you skipped Pre-Calc, didn't you? See, it does come in handy).

"35 percent of China's exports land in U.S. markets." Wrong - in Jan. 2011 Japan exported $240B worth of goods. Exactly $39B of that made it to the US (OK, sue me for rounding error - you're off by nearly an order of magnitude).

5 minutes I'll never get back...at least make it challenging next time. :eyes:

Does your mom know you are on the 'puter today?

A logarithmic scale is an exponential scale with an underlying quantity for the given base, normally 10 based.

Thanks, I needed to release some endorphins through the use of laugh therapy.

Hey, there kiddo... stay in school! ;)

:wtf:

:thumbsup:

Many in our country don't like those pesky things.

Here's another gem of info:

Apple chief executive Steve Jobs holds up the new MacBook Air at the MacWorld Conference in 2008 in San Francisco. Apple also does not reveal how many of its employees are based in the United States. Apple and Pfizer are part of a coalition of companies pushing for Congress to give them a tax break on money they have parked overseas, saying that any money brought back to this country would spur hiring.

http://www.washingtonpost.com/business/economy/keeping-the-number-of-us-jobs-a-mystery/2011/08/08/gIQAFBA8UJ_gallery.html#photo=5

I can't believe they're still using this lie!

We've had 30 years of this shit and the jobs never came.

F*ck "trickle down!" It simply didn't work...

He had to be taken to court in order to take responsibility.

Poor Steve.

...and that alleged child.
...it should feel lucky enough to share some of his DNA.
...that alone should make up for him being a multi-billionaire dead-beat-dad.

:puke:

As a high school student who'd thought of Time as a reputable news magazine, when I saw that story I lost any remaining shred of respect for the rag. Not because I expected or wanted Jobs or anyone in particular on the cover, but because the whole notion of naming a class of devices "Man of the Year" was too absurd for words.

My 90 year-old dad plunked down $1,700 for a Mac laptop. Me, I'm a PC person. He has been to a couple of 1 to 1 sessions to learn how to use the damn thing and is still pretty clueless. Mind you, he had an old, old Mac for about 12 years before. So now I gotta pay close attention when I take him to these 1 to 1 sessions because he forgets. And all he really uses it for is word processing. YIKES!

Steve Jobs... revered in America for selling cheap crap made by slave labor.

hoopla going on about him. Actually all he did was bring us gadgets that are the scourge of existence today.