Apple Inc. is a famous American multinational technology company that designs, develops, and sells computer software, online services, and consumer electronics. The company has it’s headquartered in Cupertino, California. The hardware products of Apple include the iPad tablet computer, iPhone smartphone, the iPod portable media player, the Mac personal computer, the Apple Watch smartwatch, the Apple TV digital media player, the HomePod smart speaker, the AirPods wireless earbuds and many more. Apart from this, the Software of Apple includes the iOS, tvOS, iPadOS, macOS, watchOS operating systems. The online services of Apple include the iOS App Store, iTunes Store, Mac Apple Store, and many more.
Inception
Apple was founded in April 1976 by Steve Jobs, Ronald Wayne, and Steve Wozniak and sell Wozniak’s Apple I personal computer. In January 1977, it was incorporated as Apple Computer Inc. Over time, the sales of its computers that includes Apple II is growing quickly. Later Wayne and Jobs hired the staff of computer designers with few years and started a production line.
In the year 1980, Apple went public and enjoyed high growth. Apple shipped new computers within few years featuring creative and innovative graphical user interfaces like original Macintosh. Due to the high prices of Apple products, the company also received critical acclaims all over, and that cause lots of problems. Wozniak departed Apple and remained as the honorary employees of the company.
Evolution
With the growth of the market for personal computers during the 1990s, Apple lost the market share to the lower-priced duopoly of Microsoft Windows. After that, the board of directors recruited the CEO Gil Amelio, who makes several efforts to gain the growth and profit in the company. In the year 1997, he led Apple to buy NeXT and make sure to make the best possible efforts to solve the failed operating system strategy of the company and bring back Jobs.
In the year 2000, Jobs regained leadership status and became the CEO of the company. Later, Apple returns to profitability and rebuilt the status and reputation in the market by launching the iMac. The company opens several retails stores in different parts of the world, and it helps to increase their reputation and fame among people.
In January 2007, Jobs renamed the company Apple Inc. that reflect the concentration and focus of the company toward consumer electronics. After that, the company launched the iPhone and got high financial success and profit. In the year 2011, Jobs resigned from his duties as CEO due to his health complications, and Tim Cook became the new CEO of the company.
After making an era of technology for the company, Job died two months later he resigned. In the year 2019, the CDO of Apple, Jony Ive, left the company to start a firm his own, but he stated that he would work with Apple as the primary client. Apple enjoys high success and reputation over the years by launching several new technological smartphones and computers and has several retails stores all over the world to access all people.
Awards & Nominations
Apple is one of the most valuable and most known companies all over the world that launched several iPhones, personal computers, and other technological gadgets for people. It is the third-largest manufacturer of the phone across the globe. Yet there is no information about awards and nominations received by the company.
Net Worth of Apple in 2024
As of April 2024, The estimated net worth of Apple at around $1.3 Trillion that makes it one of the wealthiest companies all over the world. The company has a higher revenue rate as a comparison to any other company in this field. In 2018, the worldwide annual revenue of Apply was estimated at around $265 billion. The company has more than 500 retail stores and over 137,000 employees that make it one of the best companies.
Apple became the first public US company that reached a value of over $1 trillion in August 2018. The company has more than 123,000 full-time employees, and it also maintains more than 504 retail stores in more than 24 countries as its products are actively used all over the world. The company also ranked as one of the most valuable brands in the World as it has a high level of brand loyalty that makes customers satisfied with its services.
Apple Inc. is one of the most famous multinational technology companies in America. The company design, develop, and sells different kinds of computer software, consumer electronics, and online services that satisfied the high tech needs of people all around the world.
The company sells lots of products that includes iPad tablets, iPhone smartphones, Mac personal computer, and many more with several amazing features. The company was founded by Ronald Wayne, Steve Jobs, and Steve Wozniak in the year 1976, and it makes continuous growth in the technology field that makes people happy and satisfied. It works on several operating platforms so that people from all around the world can connect them able to enjoy their services.
Apple is well known for its revenues and sizes. Apple is known among the largest technology company across the world by revenue and is one of the most valuable companies in the world. After Samsung and Huawei, Apple becomes the third-largest mobile phone manufacturer all over the world. Apple Inc. has become the first company in all over the world that record market capitalization of above $1 trillion.
Apple received some kind of criticism regarding the labor practices of its contractors, unethical business practices as well as its environmental practices and regarding the origin of the source material but the company managed to gain high reputation and fame among people all around the world. The number of people who use Apple phone, computer and gadgets are increasing day by day across the globe, and the company always launch new gadgets to make people satisfied.