In 1976 Wozniak showed Jobs a computer he had designed for his own use. Jobs was impressed and suggested marketing it. They had no capital, but Jobs had a brilliant idea. By persuading a local store to order 50 of the computers, then asking an electrical store for 30 days credit on the parts to build them, they set up business without a single investor. They called it Apple Computers (which would lead to protracted legal battles with the company behind the Beatles' record label, Apple Corps) and launched their first product, the Apple 1. A year later the more sophisticated Apple 2 hit the jackpot, and by 1980, when the company went public, the pair were multimillionaires.