What Happened on October 12th

Steve Jobs unveils the NeXT, the computer he conceived of after moving on from Apple Computer Inc., which he had founded with Steve Wozniak. Although the NeXT ultimately failed in the marketplace, it introduced several features new to personal computers, including an optical storage disc, a built-in digital signal processor that allowed voice recognition, and object-oriented languages that simplified programming. It's relatively high price of $6,500 limited sales. NeXT Computer Inc. eventually became NeXT Software Inc. and then was bought by Apple in 1997.