A magazine cover featuring and signed by Steve Jobs for "Fortune" in 1989 was sold for 16,638 US Dollars in an auction last Friday, July 31, 2020.

The copy sold on Nate D. Sanders Auctions's webpage is only the cover of the magazine, and is said to belong to one of the chauffer of the Apple Founder. The copy of the magazine came with a signed Letter of Authenticity that ensured the asking or reserve price at $11,000.

The written text reads "To Terry" and the affixed is a bold faced, small capitalization signature. A young Steve Jobs is seen in the magazine in full detail, sitting on a chair, with the cover saying "How Steve Jobs Linked Up with IBM". The magazine is published shortly after Jobs' new company launch, NeXT, Inc. The magazine's dimensions are 9" x 10.875".

According to Apple Insider, This particular auction sold historical papers and photographs, but this piece of history is the only Apple-related item in the list being sold.

The magazine costs for only $3.50 during the time it was being sold but in the auction, it sold for 5,000 times more.

Steve Jobs Legacy

It is no wonder that being priced that much for a memorabilia a person has left signifies that he or she has done a lot in their past life. This magazine autograph is a little one compared to what Steve Jobs left the world with. His legacy entailed a successful multi-million dollar enterprise that still goes to sell on the market. Each Apple product sells for as much as it has and is still one of the cornerstones of technology.

The auction of the magazine proved Steve Job's worth now more than ever. His simple autograph amassed more than the price of a brand new iPhone, AirPods, and Macbook, combined (Apple iPhone 11 Pro Max 512GB $1349, AirPods Pro $249, and MacBook Pro $2799 as of this writing). The late Apple Founder's legacy left behind pieces of technology that still continues to grow, develop, and upgrade.

Software

It all dates back to 1976 when college droupouts, Steve Jobs and Steve Wozniak, decided to create computers that are user-friendly and small enough to fit into their own homes and spaces. This is historically known as Jobs and Wozniak building the Apple brand and its computers in the former's garage. The Apple I's were sold without monitors, keyboards, or casings, according to Library of Congress.

Their sales spiked to $117 million the year Apple went public. A lot of changes dawned on Apple and Jobs' fate. Wozniak leaving, Jobs hiring John Scully to be president, Jobs leaving Apple and forming NeXT, then Jobs being rehired as interim CEO, to forming a deal or alliance with Microsoft to create a software compatible for the iMac or Macintosh, and in the future handheld devices, the iOS.

Hardware

Steve Jobs left behind a lot of hardware that we certainly use now or if not, encountered. Everything that Apple does and what we can touch, feel, and bring are all considered hardware and considered to be his legacy. Any Apple device that a person can touch and name, it is Jobs' legacy.

Computers were the first to be launched by the tech company, iBooks and iMacs, then their very own music software: the iTunes, to their own MP3 players: the iPod, varying from the iPod Classic, Nano, and Touch, to their tablets: the iPad, to their very own cellular phones: iPhones, and many more.

This legacy of the late visionary and tech mogul, Steve Jobs, brought so much into the world that it enabled a future of possibilities and wonders for the many generations to come. Jobs' memorabilia would continue to live on forever, and continue to increase value, just as much and more than his autographed magazine cover.

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Written by Isaiah Alonzo

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