Apple Inc.
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976. The company’s hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, and the iPod portable media player. Its online services include the iTunes Store, the iOS App Store, Apple Arcade, Apple Music, Apple TV+, iMessage, and iCloud. In August 2018, Apple became the first publicly traded U.S. company to be valued at over USD 1 trillion and just two years later in August 2020, it will become the first USD 2 trillion company.
About Apple Inc. in brief
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976. The company’s hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, and the iPod portable media player. Its online services include the iTunes Store, the iOS App Store, Apple Arcade, Apple Music, Apple TV+, iMessage, and iCloud. In August 2018, Apple became the first publicly traded U.S. company to be valued at over USD 1 trillion and just two years later in August 2020, it will become the first USD 2 trillion company. As of January 2019, Apple’s worldwide annual revenue totaled USD 274. 5 billion for the 2020 fiscal year. Apple is ranked as the world’s most valuable brand, but receives significant criticism regarding the labor practices of its contractors, its environmental practices and unethical business practices, as well as the anti-competitive behavior of its employees. The first product of Apple’s partnership with Ronald Wayne was the Apple I, a personal computer that went on sale in 1976. It was incorporated as Apple Computer, Inc. in January 1977, and sales of its computers, including the Apple II, grew quickly. In January 2007, Jobs renamed the company Apple Inc., reflecting its shifted focus toward consumer electronics, and launched the iPhone to great critical acclaim and financial success. In June 2019, Jony Ive, Apple’s CDO, left the company to start his own firm, but stated he would work with Apple as its primary client.
Apple maintains 510 stores in 25 countries as of January 2020, and employs 137,000 full-time retail stores in the world. It is the largest music retailer, with more than 1,500 stores worldwide. It also operates the iTunes store, which is the world”s largest music store. The Apple Watch smartwatch, the Apple TV digital media player, the AirPods wireless earbuds and the HomePod smart speaker are among its most popular products. Apple’s software includes macOS, iOS, iPadOS, watchOS, and tvOS operating systems, the iTunes media player and the Safari web browser, the Shazam music identifier and the iLife and iWork creativity and productivity suites. Apple went public in 1980 to instant financial success, and went public again in 1998. In 2011, Jobs resigned as CEO due to health complications, and Tim Cook became the new CEO. Two months later, Jobs died, marking the end of an era for the company. Apple has a high level of brand loyalty and is ranked by some to be the most valuable company in the history of the world, with a market value of more than $2 trillion. It operates 510 stores across 25 countries, and operates more than 5,000 retail stores. It maintains 510 employees and operates its iTunes Store in 25 Countries as of January 2020, with over 1,000 stores in world’s largestMusic retailer. Apple Pay, Apple Pay Cash, and Apple Card are among the company’s most popular services.
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This page is based on the article Apple Inc. published in Wikipedia (as of Dec. 10, 2020) and was automatically summarized using artificial intelligence.
