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20 September, 2015

Lets Learn Something From Apple Inc.

 Apple logo black.svg
  • Summery About Apple Inc.

TYPE
PUBLIC
Traded as
  • NASDAQAAPL
  • Dow Jones Industrial Average Component
  • NASDAQ-100 Component
  • S&P 500 Component
Industry
  • Computer hardware
  • Computer software
  • Consumer electronics
  • Digital distribution
Founded
Cupertino, California, U.S.
(April 1, 1976; 39 years ago)
Founders
  • Steve Jobs
  • Steve Wozniak
  • Ronald Wayne
Headquarters
Apple Campus, Cupertino, California, U.S.
Number of locations
453 Apple retail stores in 16 countries (March 2015)
Area served
Worldwide
Key people
  • Arthur D. Levinson (Chairman)
  • Tim Cook (CEO)
  • Jonathan Ive (CDO)
  • Luca Maestri (CFO)
Products
  • Mac
  • iPod
  • iPhone
  • iPad
  • iPad Mini
  • Apple TV
  • Apple Watch
  • OS X
  • iLife
  • iWork
  • iOS
  • watchOS
Services
  • Apple Store
  • Apple Store online
  • Mac App Store
  • iOS App Store
  • iTunes Store
  • iBooks
  • iCloud
  • Apple Music
Revenue
US$ 182.795 billion (2014)
Operating income
US$ 52.503 billion (2014)
Net income
US$ 39.510 billion (2014)
Total assets
IncreaseUS$ 231.839 billion (2014)
Total equity
DecreaseUS$ 111.547 billion (2014)
Number of employees
115,000 (as of July 2015)

Apple Inc. (commonly known as Apple) is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. Its best-known hardware products are the Mac personal computers, the iPod portable media player, the iPhone smartphone, the iPad tablet computer, and the Apple Watch smartwatch. Apple's consumer software includes the OS X and iOS operating systems, the iTunes media player, the Safari web browser, and the iLife and iWork creativity and productivity suites. Its online services include the iTunes Store, the iOS App Store and Mac App Store, and iCloud.
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976, to develop and sell personal computers. It was incorporated as Apple Computer, Inc. on January 3, 1977, and was renamed as Apple Inc. on January 9, 2007, to reflect its shifted focus towards consumer electronics. Apple (NASDAQAAPL) joined the Dow Jones Industrial Average on March 19, 2015.
Apple is the world's second-largest information technology company by revenue after Samsung Electronics, the world's largest technology company by total assets, and the world's third-largest mobile phone manufacturer. On November 25, 2014, in addition to being the largest publicly traded corporation in the world by market capitalization, Apple became the first U.S. company to be valued at over US$700 billion. As of July 2015, Apple employs 115,000 permanent full-time employees; maintains 453 retail stores in sixteen countries; and operates the online Apple Store and iTunes Store, the latter of which is the world's largest music retailer.
  • History

1976–84: Founding and incorporation

The Apple I, Apple's first product, was sold as an assembled circuit board and lacked basic features such as a keyboard, monitor, and case. The owner of this unit added a keyboard and a wooden case.


Apple was established on April 1, 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne to sell the Apple I personal computer kit. The Apple I kits were computers single handedly designed and hand-built by Wozniak and first shown to the public at the Homebrew Computer Club.The Apple I was sold as a motherboard (with CPU, RAM, and basic textual-video chips), which was less than what is now considered a complete personal computer. The Apple I went on sale in July 1976 and was market-priced at $666.66 ($2,763 in 2015 dollars, adjusted for inflation).
Apple was incorporated January 3, 1977, without Wayne, who sold his share of the company back to Jobs and Wozniak for $800. Multimillionaire Mike Markkula provided essential business expertise and funding of $250,000 during the incorporation of Apple. During the first five years of operations revenues grew exponentially, doubling about every four months. Between September 1977 and September 1980 yearly sales grew from $775,000 to $118m, an average annual growth rate of 533%.
The Apple II, also invented by Wozniak, was introduced on April 16, 1977, at the first West Coast Computer Faire. It differed from its major rivals, the TRS-80 and Commodore PET, because of its character cell-based color graphics and open architecture. While early Apple II models used ordinary cassette tapes as storage devices, they were superseded by the introduction of a 5 1/4 inch floppy disk drive and interface called the Disk II.The Apple II was chosen to be the desktop platform for the first "killer app" of the business world: VisiCalc, a spreadsheet program. VisiCalc created a business market for the Apple II and gave home users an additional reason to buy an Apple II: compatibility with the office. Before VisiCalc, Apple had been a distant third place competitor to Commodore and Tandy.
By the end of the 1970s, Apple had a staff of computer designers and a production line. The company introduced the Apple III in May 1980 in an attempt to compete with IBM and Microsoft in the business and corporate computing market. Jobs and several Apple employees, including Jef Raskin, visited Xerox PARC in December 1979 to see the Xerox Alto. Xerox granted Apple engineers three days of access to the PARC facilities in return for the option to buy 100,000 shares (800,000 split-adjusted shares) of Apple at the pre-IPO price of $10 a share.
Jobs was immediately convinced that all future computers would use a graphical user interface (GUI), and development of a GUI began for the Apple Lisa. In 1982, however, he was pushed from the Lisa team due to infighting. Jobs took over Jef Raskin's low-cost-computer project, the Macintosh. A race broke out between the Lisa team and the Macintosh team over which product would ship first. Lisa won the race in 1983 and became the first personal computer sold to the public with a GUI, but was a commercial failure due to its high price tag and limited software titles.
On December 12, 1980, Apple went public at $22 per share, generating more capital than any IPO since Ford Motor Company in 1956 and instantly creating more millionaires (about 300) than any company in history



 ..........................................( To Be Continued.....Visit Blog Daily)