Wednesday, 17 September 2014

History of Apple Inc.

History of Apple Inc.

For more than two decades, Apple Computer was predominantly a manufacturer of personal

computers, including the Apple II, Macintosh, and Power Mac lines, but it faced rocky sales and low market share during the 1990s. Jobs, who had been ousted from the company in 1985, returned to Apple in 1996 after his company NeXT was bought by Apple. The following year he became the company's interim CEO, which later became permanent. Jobs subsequently instilled a new corporate philosophy of recognizable products and simple design, starting with the original iMac in 1998.

With the introduction of the successful iPod music player in 2001 and iTunes Music Store in 2003, Apple established itself as a leader in the consumer electronics and media sales industries, leading it to drop "Computer" from the company's name in 2007. The company is now also known for its iOS range of smart phone, media player, and tablet computer products that began with the iPhone, followed by the iPod Touch and then iPad. As of 2012, Apple is the largest publicly traded corporation in the world by market capitalization, with an estimated value of US$626 billion as of September 2012.Apple Inc's market cap is larger than that of Google and Microsoft combined. Apple's worldwide annual revenue in 2010 totalled US$65 billion, growing to US$127.8 billion in 2011 and $156 billion in 2012.

Apple Inc.

Apple Inc.

Apple Inc. is something that has set standards over years and years. The trend setter company had a great beginning and then never looked back again, a company that stick to it's roots till the date. 

Apple was founded by Steve JobsSteve 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.

By the survey, Apple is the world's second-largest information technology company by revenue after Samsung Electronics, and the world's third-largest mobile phone maker after Samsung and Nokia. Although we can not compare Samsung to Apple because the standard of the products by Samsung is not up-to the mark, that of the Apple's as their standard can not be matched by anyone, and that is reason why apple remains top in the race.

 Fortune magazine named Apple the most admired company in the United States in 2008, and in the world from 2008 to 2012.

On September 30, 2013, Apple surpassed Coca-Cola to become the world's most valuable brand in the Omnicom Group's "Best Global Brands" report.

Apple constantly remains best, and prove themselves by creating seamless products.