Bill Gates: "a really good programmer like you should be able to write at least a thousand lines of code per week".
So the expectation for a really good programmer was around two hundred lines per day, assuming five days of work every week. That is not far away from today, even after almost four decades.
Bill Gates: "If it takes ten weeks, and you get paid four thousand dollars per week, that means you should get paid $40,000 for writing it."
So, around $100 per hour, effectively? Looks like Steve offered $250 per hour (assuming Bill's calculation is not widely off the mark). This was back in 1984. Thirty-eight years later, salaries have not increased by that much!
I had a HP Palmtop that was greased to the skids with things like that, quite a powerful device. Even the modern iPhone doesn't quite do app switching as well, to be honest (the apps are often just reloading).
Mac OS gets multi-tasking - https://news.ycombinator.com/item?id=1319308 - May 2010 (7 comments)
Perhaps he knew AH well enough to know that he wouldn't counter..?
I know I’m being a bit hyperbolic. There are definitely apps that use less than that, but my point is more that the actual capabilities of the software have not always increased at the same pace as the resource usage.