Apple Inc

appleToday we are familiar with iPad, iPhone, Mac, iPod, Apple watch, and many more products from Apple. Apple is one of the famous brands in mobile devices. The company is also one of the world’s largest information technology company and one of the world’s largest mobile phone maker.

On April 1, 1976, Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne. The company was aimed to develop and sell personal computers. The first product was the Apple I personal computer kit. The Apple I was sold as a motherboard with CPU, RAM, and basic textual-video chips. The computer kit went on sale in July 1976 and was market-priced at $666.66. It is around $2,763 in 2014 dollars.

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Apple History

On January 3, 1977, Apple was incorporated as Apple Computer, Inc. Ronald Wayne sold his share of the company back to Steve Jobs, and Steve Wozniak for $800. The company introduced the Apple II on April 16, 1977 at the first West Coast Computer Fair.

In May 1980, Apple introduced the Apple III. The company went public at $22 per share on December 12, 1980, which have made many new millionaires at that time.

In 1984, Apple launched the first Macintosh, which was the first personal computer to be sold without a programming language at all. It was sold well. The Macintosh had advanced graphics capabilities.

There was a power struggle between Steve Jobs and CEO John Sculley in 1985 which finally caused Steve Jobs resign from the company he founded. But It was not the end of the world to Jobs as he was then founded NeXT Inc. In 1985.

In 1989, Apple released the Macintosh Portable. It was the company’s first portable Macintosh computer. Apple released the Macintosh LC in the next year. In 1991, Apple introduced the PowerBook.

CEO Gil Amelio replaced Michael Spindler in 1996. He made many changes at Apple. He purchased NeXT along with NeXTSTEP operating system and, the brilliant step, he also bring Steve Jobs back to Apple.

Steve Jobs back to Apple as an advisor. When Amelio was ousted, Steve Jobs acted as the interim CEO. During the following years, Jobs has done many progress for Apple.

Apple Business Revival

Apple introduced the Apple Online Store in 1997. The company opened its first official Apple Retail Stores in Virginia and California in 2001. Apple also debuted the iPod portable digital audio player, which was successfully sold for over 100 million units within six years.

Apple’s iTunes Store was introduced in 2003 and became the market leader in online music services.

In 2006, Apple announced the new MacBook Pro and iMac. These laptops were the company’s first laptops with an Intel microprocessor.

In 2007, Steve Jobs announced that Apple Computer, Inc. would be known as Apple Inc as the company had shifted its emphasis from computers to mobile electronic devices. He also announced the iPhone and the Apple TV.

In 2008, Apple has become the third-largest mobile handset supplier in the world. During 2008 till the end of June 2009, Steve Jobs was absence from apple for health reason. He stated in an email “the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well,” During this time, Apple got $8.16 billion revenue and $1.21 billion profit.

In 2010, Apple announced the iPad and launched the device in US on April. The device was successfully sold for over 300,000 units at the first day. AT the same year, the company also released the iPhone 4, iPod Nano, the updated MacBook Air laptop.

In 2011, Apple opened their Mac App Store. At the same year, Jobs absence from the company for health reason. Steve Jobs resigned his position as CEO of Apple on August. Two months after that, the company announced that Steve Jobs had died. The death of Jobs was shocking the world as he was on his top of carrier and many people around the world admired him and his products.

During 2011-2012, the company released the iPhone 4S , the iPhone 5, the third and fourth generation iPads, the iPad Mini, and a third-generation 13-inch MacBook Pro. The company also purchased C3 Technologies mapping company. Apple is getting stronger and bigger and make many acquisitions and expansions until today.

Today, Apple Inc is the world’s third-largest mobile phone maker. The company also became the first U.S. company to be valued at over $700B. Its famous products from iPad, iPhone, Mac, iPod, Apple watch, and more have made Apple become one of the famous brands in mobile devices.


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