Company

Apple

Official Name: Apple Inc.

Headquarters: Cupertino, CA, United States

Founded: April 1, 1976

Employees: 100,000

CEO: Mr. Timothy D. Cook

show_chart NASDAQ: AAPL -0.34%

Market Cap

$2.825 Trillion

USD as of April 1, 2022

history Market Cap History

Company Description

Apple Inc. designs, manufactures, and markets mobile phones and media devices, computers, notably the iPhone, iPad, Mac, iPod, Apple Watch, and Apple TV. The company also conceives and sells a range of related software and services: the iPhone OS (iOS), OS X and watchOS operating systems, iCloud, and Apple Pay. Apple also sells accessories, support offerings, and third-party digital content and applications.

Apple market capitalization evolution

Evolution of Apple Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Apple Inc.

Detailed Description

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services. In addition, the company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; AirPods Max, an over-ear wireless headphone; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, HomePod, and iPod touch. Further, it provides AppleCare support services; cloud services store services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. Additionally, the company offers various services, such as Apple Arcade, a game subscription service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California.

Wikipedia Introduction

Apple Inc. is an American multinational technology company that specializes in consumer electronics, software and online services. Apple is the largest information technology company by revenue (totaling US$365.8 billion in 2021) and, as of January 2021, it is the world's most valuable company, the fourth-largest personal computer vendor by unit sales and second-largest mobile phone manufacturer. It is one of the Big Five American information technology companies, alongside Alphabet, Amazon, Meta, and Microsoft. Apple was founded as Apple Computer Company on April 1, 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne to develop and sell Wozniak's Apple I personal computer. It was incorporated by Jobs and Wozniak as Apple Computer, Inc. in 1977 and the company's next computer, the Apple II became a best seller. Apple went public in 1980, to instant financial success. The company went onto develop new computers featuring innovative graphical user interfaces, including the original Macintosh, announced in a critically acclaimed advertisement, "1984", directed by Ridley Scott. By 1985, the high cost of its products and power struggles between executives caused problems. Wozniak stepped back from Apple amicably, while Jobs resigned to found NeXT, taking some Apple employees with him. As the market for personal computers expanded and evolved throughout the 1990s, Apple lost considerable market share to the lower-priced duopoly of the Microsoft Windows operating system on Intel-powered PC clones (also known as "Wintel"). In 1997, weeks away from bankruptcy, the company bought NeXT to resolve Apple's unsuccessful operating system strategy and entice Jobs back to the company. Over the next decade, Jobs guided Apple back to profitability through a number of tactics including introducing the iMac, iPod, iPhone and iPad to critical acclaim, launching memorable advertising campaigns, opening the Apple Store retail chain, and acquiring numerous companies to broaden the company's product portfolio. Jobs resigned in 2011 for health reasons, and died two months later. He was succeeded as CEO by Tim Cook. Apple became the first publicly traded U.S. company to be valued at over $1 trillion in August 2018, then $2 trillion in August 2020, and most recently $3 trillion in January 2022. The company sometimes receives criticism regarding the labor practices of its contractors, its environmental practices, and its business ethics, including anti-competitive practices and materi…

Source: Wikipedia, retrieved on March 31, 2022, 8:42 p.m.

Product & Services

Macintosh iPod iPhone iPad Apple Watch Apple TV HomePod macOS iOS iPadOS watchOS tvOS iLife iWork Final Cut Pro Logic Pro GarageBand Shazam Siri App Store Apple Arcade Apple Card Apple Music Apple Music 1 Apple News+ Apple Pay Apple Store Genius Bar Apple TV+ Apple Books iCloud iMessage iTunes Store Mac App Store

Key People

Founder(s): Steve Jobs Steve Wozniak Ronald Wayne

Tim Cook (CEO) Arthur D. Levinson (chairman) Jeff Williams (COO) Luca Maestri (CFO)

Financials

Revenue: US$365.82 billion (2021)

Operating income: US$108.95 billion (2021)

Net income: US$94.68 billion (2021)


Total assets: US$351.02 billion (2021)

Total equity: US$63.09 billion (2021)

Details

Headquarters:

One Apple Park Way

Cupertino, CA 95014

United States

Phone: 408-996-1010