Overview

Apple Inc. is an American multinational technology company specializing in consumer electronics, software, and online services. Founded on April 1, 1976, by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple has become a global leader in innovation and one of the world’s most valuable companies. 

Core business and mission

Apple’s business model is centered on creating a high-end, integrated ecosystem of hardware, software, and services to provide customers with the best possible user experience. The company’s mission is “to bring the best user experience to its customers through its innovative hardware, software, and services”. This focus on quality and integrated design is the main driver of its continued success. 

Founders and key people

  • Steve Jobs: The visionary and business force behind the company’s innovation, who led its major revitalization in the late 1990s.
  • Steve Wozniak: The technical genius who designed the first Apple computers.
  • Ronald Wayne: A co-founder who left the company shortly after its creation.
  • Tim Cook: The current CEO, who took over in 2011 after Steve Jobs’ resignation. 

Key products and services

Apple’s diverse portfolio includes:

  • Hardware: iPhone, iPad, Mac computers (including MacBook and iMac), Apple Watch, AirPods, Apple Vision Pro, Apple TV, and HomePod.
  • Software and operating systems: iOS, iPadOS, macOS, watchOS, tvOS, and visionOS.
  • Services: App Store, Apple Music, Apple TV+, iCloud, Apple Pay, and Apple Arcade. 

History and milestones

  • 1976: Founded as Apple Computer Company by Jobs, Wozniak, and Wayne in California.
  • 1977: The Apple II is released, becoming the first widely successful microcomputer.
  • 1984: The original Macintosh is introduced, featuring a graphical user interface and a mouse.
  • 1985: Steve Jobs is ousted in a power struggle.
  • 1997: Jobs returns to Apple after the company acquires his company, NeXT.
  • 2001: The iPod is released, establishing Apple as a leader in consumer electronics.
  • 2007: The first iPhone is introduced, and the company is renamed Apple Inc. to reflect its broader focus beyond computers.
  • 2011: Tim Cook becomes CEO after Steve Jobs resigns.
  • 2018: Apple becomes the first publicly traded U.S. company valued at over $1 trillion.
  • 2020-Present: Apple begins transitioning its Mac line to its own “M” series CPUs. 

Headquarters and size

Apple is headquartered at Apple Park in Cupertino, California. As one of the world’s largest companies by market capitalization, it employed 164,000 people and generated $391 billion in revenue in fiscal year 2024. 

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