Founding Apple Papers Sell for $1.6M

Ron Wayne sold his 10% stake for just $800

(NEWSER) - You know Steve Jobs and Steve Wozniak as Apple's founders, but you probably don't know the tale of third founder Ron Wayne. The Chicago Tribune presents the somewhat sad story of the then 42-year-old, who designed the original logo and wrote the manual for the Apple I computer—but got out of the company after just 12 days, spooked by 21-year-old Jobs' wild spending habits and the fact that he was the only founder with any assets that creditors could seize. So he cashed in his 10% stake for $800. Had he held onto it, it would be worth $22 billion. More»

...but just barely, according to new ranking

(NEWSER) - Tim Cook had some big shoes to fill as Apple CEO, but it looks like he's managing. According to a poll on Glassdoor.com, some 97% of employees approve of the new boss' work over the past year—an even higher proportion than the 95% who approved of Steve Jobs the year before. Of course, Cook is probably benefiting from a "honeymoon period," GigaOm notes. Cook leads tech CEOs with the highest approval rating on Glassdoor; Paul Jacobs of Qualcomm and Larry Page of Google round out the top three. More»

Hundreds gather at Apple stores worldwide

(NEWSER) - The new iPad is here, and once again, Steve Wozniak is first in line for the latest Apple gadget. Sure, the Apple co-founder could get his hands on one without waiting in line, notes Mashable , but "it's become a ritual," he says in Los Angeles. "I wanna be one of the real people, who line up and wait all night. ... Apple’s just that important to us." The company's stores are opening at 8am across 10 countries today; for some stores, that's much earlier than usual. More»

The iCEO is going for $60

(NEWSER) - Cuddle up with your favorite CEO: A 15-inch plush stuffed doll of the late Steve Jobs is now for sale. The "iCEO," released by pillow company Throwboy , will set you back $60. It features removable glasses, a black turtle neck, and real denim jeans, reports Mashable . The toy is limited-edition, with only 1,200 being made. No word yet on whether Apple will try to stop the doll, as it did with an action figure earlier this year . More»

But remember, with Apple, nothing is certain: Mashable

(NEWSER) - Apple is holding another one of its big events today, expected to be the unveiling of the iPad 3. Mashable runs down 11 things to watch for when it begins at 1pm ET:

• Tim Cook will be "the main attraction." He may not be as theatrical as Steve Jobs, but he's definitely Apple's biggest gun.
• There will be a lot of buildup. Before answering all your burning questions, Apple will have to build up to the big reveal by hyping its "dazzling" sales and download stats.
• Get ready for Mountain Lion. Apple's new Mac OS won't go on sale until the summer, but its new features will most certainly be previewed.