TOI+

Apple

Founded on April 1, 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple is one of the world’s largest multinational technological companies, and among the most iconic. Its best known devices are Apple iPhone smartphones, Mac range of computers, iPod media player and iPad tablets.


Apart from selling these consumer products, Apple offers online services (iCLoud, iBooks, iTunes Store and App Store), consumer software (OS X, iOS, iTunes Media browser) and productivity suits (iLife and iWork).

Apple is known worldwide for its brand loyalty. Fortune magazine named Apple as the most admired company in US in 2008.

As of 2014, Apple has 72,800 permanent full-time employees, 437 retail stores in fifteen countries, and operates the online Apple Store and iTunes Store.

Financially, Apple's five-year growth average is 39%. In 2012, Apple broke Microsoft’s record and became the highest nominal market capitalization, ever reached by a publicly traded company since 1999.

In 2014, Apple became the first US company to be valued at over $700 billion. It has been variously ranked as the best brand and most valued company from time to time.

In August 2011, Jobs resigned as CEO due to health complications, and Tim Cook became the new CEO. Two months later, Jobs died of pancreatic neuroendocrine tumor.

The company employs 116,000 full-time employees as of October 2016 and maintains 498 retail stores in 22 countries as of July 2017.
To celebrate its 10th anniversary, Apple unveiled its anniversary smartphone, the
Last Updated:Apr 23, 2025, 11.03 PM IST

Apple News

Apple removes "Available Now" for Apple Intelligence from its website

23 Apr 2025, 23:03

How China is trying to stop Apple’s ‘big’ iPhone move to India

25 Apr 2025, 16:39

Apple’s China exodus: All US iPhones to be made in India by 2025

25 Apr 2025, 10:24

Europe’s Digital Markets Act: Apple, Facebook parent Meta become first tech companies to be…

23 Apr 2025, 19:54

EU slaps fines on Apple and Meta, risking Trump fury

23 Apr 2025, 15:35

Apple iPhone 17 Pro may come in a Sky Blue colour option: Report

23 Apr 2025, 12:18

European Union fines Apple 500 million euros, Meta 200 million in separate cases

23 Apr 2025, 16:38

iPhone ‘warning’ viral video explains why users should not close apps

25 Apr 2025, 19:36

Demand for ice Apple soars as health-conscious customers make purchases this summer

20 Apr 2025, 01:52

Seeds and pits of THESE fruits are NOT SAFE to eat

24 Apr 2025, 19:00

White House calls EU fines on Apple, Facebook parent Meta ‘extortion’ and ‘direct threat to free civil society’

24 Apr 2025, 19:21

Why Apple may have picked Samsung over LG for the most important component of 'foldable iPhone' and what makes it is an 'unusual strategy' for the company

16 Apr 2025, 02:29

Mark Zuckerberg block’s iOS 18’s biggest feature for iPhones on WhatsApp, Facebook and Threads

18 Apr 2025, 00:26

Perplexity AI voice assistant launches on iPhone; here's how to use it

25 Apr 2025, 16:41

Apple India's cargo flights carrying 600 tons of iPhones to the US set this new record

16 Apr 2025, 21:23

Donald Trump: I helped Apple CEO Tim Cook recently and that whole ...

15 Apr 2025, 15:45

Apple iPhone 17 series leaks hint at new design, camera upgrades and an Air model

17 Apr 2025, 11:37

Apple iPhone 16 Pro is available for just Rs 63,305 on Amazon; know how to grab the deal

22 Apr 2025, 14:02

After Apple, Google may have a 'Huge Samsung Problem'

22 Apr 2025, 19:16

One in five Apple iPhones sold across the world are now ‘made in India’ as production hits $22 billion

14 Apr 2025, 17:37

Viral News on TOI