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Apple Inc. – Overview
Founded in 1976 by Steven Paul Jobs, Stephen G. Wozniak and Roland Gerald Wayne; Apple Inc. became one of the largest, most profitable companies operating today. Its headquarters are located in Cupertino, California and the company runs more than 504 retail stores in over 24 countries as of 2018, located in the following geographic areas: America, Canada, Europe, Greater China, Japan, Australia, the Middle East, India and the rest of Asia Pacific.
Apple Inc. is the largest information technology company in the world by revenue and the third-largest mobile phone manufacturer after Samsung, and Huawei1. In August 2018, it became the first US publicly shared company to be valued at over $1 trillion, after having a worldwide annual revenue totaled to $229 billion for the 2017 fiscal year and $265 billions for the 2018 fiscal year2.
In August 2011, the-then CEO of Apple Inc., Steve Jobs, resigned due to health complications, naming Timothy Donald Cook as the new Chief Executive Officer of Apple Inc. On October 5, at the age of 56, Steve Jobs died, leaving behind one of the most innovative and valuable legacies in the world.
What products and services does Apple Inc. provide?
Apple Inc. designs, manufactures and sells mobile communication electronics, media devices, portable digital music players and personal computers. The tech giant also sells related services, accessories, software, networking solutions, as well as third-party digital content and applications. Their top-selling consumer electronics include: the iPhone smartphones line, the multi-purpose iPad tablet computer, the iPod portable media player, the Mac line of desktop and portable personal computers, and the world’s largest music retailer – iTunes.
Apple’s Inc. software includes the macOS, iOS operating, watchOS, and tvOS systems; the Safari web browser, the iLife and iWork creativity and productivity suites, along with professional applications, such as Final Cut Pro, Logic Pro, and Xcode.
In addition, the company offers iCloud, a cloud storage and computing service which allows users to store/share/manage their data (documents, photos, and music) on remote servers for download to iOS, macOS or Windows devices; as well as Apple Pay, a digital wallet service that enables users to make payments in iOS apps and on the web.
Where is the Apple Inc. stock traded?
With an average volume of almost 21 million shares traded each day3, Apple (AAPL) is one of the most popular stocks on the market. The company’s shares are traded on the NASDAQ exchange and it is also a member of three top indices: the NASDAQ-100, DJIA and S&P 500. Trade the Apple Inc. stock price or buy Apple Inc. shares with TradeFW, the best CFDs online broker!
- Amber Pariona, “Which Are The World’s Largest Technology Companies?”, Apr, 25, 2017, worldatlas.com, https://www.worldatlas.com/articles/which-are-the-world-s-largest-technology-companies.html
- Apple’s revenue worldwide from 2004 to 2018* (in billion U.S. dollars)”, https://www.statista.com/statistics/265125/total-net-sales-of-apple-since-2004/
- Nasdaq.com, https://www.nasdaq.com/symbol/aapl