Apple Inc.

Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple is the biggest IT business (it will generate US$365.8 billion in 2021). Apple is currently the largest firm in the world by market capitalization, the fourth-largest provider of personal computers by unit sales, and the second-largest producer of mobile phones. Together with Alphabet (known for Google), Amazon, Meta (known for Facebook), and Microsoft, it is one of the Big Five US IT corporations.

Steve Wozniak, Steve Jobs, and Ronald Wayne established Apple Computer Corporation on April 1, 1976, to create and market Wozniak's Apple I personal computer. In 1977, Jobs and Wozniak incorporated it as Apple Computer, Inc. The Apple II, the company's second computer, was one of the first microcomputers to be mass-produced and a popular seller. In 1980, Apple went public, achieving immediate financial success.

The company created computers with cutting-edge graphical user interfaces, such as the first Macintosh, which was introduced in a well-received commercial in 1984. By 1985, the company was experiencing issues due to the high cost of its products and power disputes among executives. Wozniak left Apple amicably and moved on to other endeavors, whereas Jobs bitterly left Apple and started NeXT, taking some Apple colleagues with him.

Apple's market capitalization was $2.520 trillion as of March 2023. Apple is now the most valuable corporation in the world, according to market cap. The most recent financial reports from Apple show that the company's current revenue (TTM) is $387.53 billion. The corporation generated $378.32 billion in revenue in 2021, an increase from $294.13 billion in 2020.

Founded: April 1, 1976
Headquarters: 1 Apple Park Way, Cupertino, California, U.S.
Website: www.apple.com