Apple net worth: American multinational company that design, develops and sells personal computers and consumer electronics, Apple has a net worth of $76.3 billion.
Apple Inc., an American multinational technology company, is world famous for its computer-related services that extends to every corner of the world. Its innovation with the “Think Different” ad campaign has been leading the technology market for a very long time.
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Founders of Apple
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976, and was incorporated as Apple Computer, Inc. in 1977. It which was later on changed to Apple Inc., in 2007, reflecting the shifted focus of Apple towards Consumer electronics.
The first product of this company was a computer kit Apple I, and with the passage of time, Apple introduced iPod, iMac, iPad and iPhone. The production of these tech gadgets has taken the company to next level making Apple one of the few billion dollar companies in the world.
Apple Net Worth
Apple Inc. has managed to build a brand empire being the largest publicly traded corporation in the world by market capitalization, as well as the first U.S. company to be valued at over $700 billion in 2014 and pegged at $76.3 billion since March 2017.
Steve Jobs is always considered to be the mastermind behind the success of Apple Inc., which managed to flourish even after his death on October 5, 2011. With some internal conflicts, the company has definitely faced some highs and lows but has been one of the few companies that rose from bottom to the peak in no time.
Before his death, Jobs resigned from his position as CEO of Apple and became the Chairman. Tim Cook who replaced him was the Chief Operating Officer at the time.
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Jobs Unveiled iCloud, an online storage and syncing service for music, photos, files and software which replaced MobileMe. It became the last product launch Jobs would attend before his death.
Gaining the worldwide enthusiasm with the release of mobile products, Apple has also maintained a high demand for its consumer software including iOS operating systems, Safari web browser and iTunes, later of which is the world’s largest music retailer.
As the statistics say, Apple now employs around ninety-eight thousand permanent employees and maintains 453 retail Apple stores in sixteen countries. Apple has been the most admired company for last seven to eight years as it managed to grow larger and larger multiplying its profitability by tens in the last decade itself.
The Company has earned around $118.9 billion at the end of the year 2014 and Apple’s net worth of $700 billion makes it one of the most valuable companies in the world.
The multinational technology company headquartered in Cupertino, California have designed and released sophisticated electronic devices ranging from software to hardware
Electronic products released by Apple include:
iPhone – released on June 29, 2007, with multiple new hardware iterations. The iPhone is described as a game-changer for the mobile phone industry and its success is said to make Apple one of the world’s most valuable publicly traded companies.
iPad – launched on April 3, 2010, with the most recent models released on March 24, 2017. Apple recorded sells as of more than 250 million iPad as of January 2015.
iPod – is a portable media player and multi-purpose pocket computer designed by Apple to also serve as external data storage devices. It was released in 2001.
iPhone 7 – first released on September 7, 2016, the smartphone succeeds iPhone 6S and iPhone 6S Plus as the flagship devices in the iPhone series. iPhone X became the latest version released in November 2017.
Apple Watch – another smart device designed by Apple and incorporated with fitness tracking and health-oriented capabilities. It performs other default functions such as calling and texting.
Apple TV – is a digital media player and microconsole; a network appliance and entertainment device that can receive digital data from several sources and stream it to a capable television.
iOS – is the basically the operating system that presently powers many of the company’s mobile devices – the iPhone, iPad, and iPod Touch. It was originally unveiled in 2007 as an App to support the iPhone.
Keynote – was designed as a presentation software application developed as a part of the iWork productivity; released on November 2, 2017, with Mac as the most recent version.
IPad Mini – is a computer designed as a sub-series of the iPad line of tablets, with a reduced screen size of 7.9 inches, a huge contrast to the standard 9.7 inches.
Final Cut Pro – a video editing software programme.
Other Products include
- Logic Pro
- iOS 10
- MacOS Sierra
Quick Facts about Apple Inc.
Founded: April 1, 1976
Founders: Steve Jobs, Steve Wozniak, Ronald Wayne
Headquarters: Cupertino, California, U.S.
Industry: Computer hardware, software, electronics, digital distribution
CEO: Tim Cook
Products: Mac, iPod, iPhone, iPad etc
Services: Apple Store, iTunes store, iBooks, iCloud etc
Area Served: Worldwide
Number of locations: 453 retail stores in 16 countries
Number of employees: 98,000