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Apple Inc. Essay

Apple Inc. Essay

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Apple is a multinational technology company in America. Its headquarters are in Cupertino, California. Apple Inc. Designs, develops and sells computer software, consumer electronics, and online services. Many people know it for its Mac personal computers, the iPhone smartphone, the iPod portable media player, the iPad tablet, and the Apple Watch smartwatch (Chaffin, 2008).

The Apple Inc. Consumer software includes iOS operating systems and OS X, the iTunes media player, the Safari web browser, and the iLife and iWork creativity and productivity suites. The online services are the Ios App Store, Itunes Store, Mac App Store and iCloud (Murphy, 2011).

Ronald Wayne, Steve Jobs, and Steve Wozniak founded Apple on April 1, 1976. The aim was to develop and sell computers. On January 3, 1977, they incorporated it as Apple Computer, Inc. The renaming to Apple Inc. was on January 9, 2007. The shift was to focus on consumer electronics. On March 19, 2015, it merged with the Dow Jones Industrial Average.

Apple falls below Samsung Electronics as the world's second-largest IT company by revenue. However, it is the largest by total assets. It is the third-largest mobile phone manufacturer. On November 25, 2014, it became the first company in the U.S. to be worth over US$700 billion. It employs 115,000 full-time employees, has 453 retail stores in 16 countries, operates iTunes and online Apple Stores as of July 2015.

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