The History of Apple Inc.

Topics: Apple Inc., IPhone, Steve Jobs Pages: 2 (524 words) Published: November 17, 2014


Apple Inc is an American multinational organization founded by Steven Paul "Steve" Jobs, an American entrepreneur, marketer, and inventor, who was the co-founder, chairman, and CEO of Apple Inc and Stephen Gary "Steve" Wozniak who is an American inventor, computer engineer and Programmer who co-founded Apple Computer with Steve Jobs and Ronald Wayne. Apple Inc is Located in, Cupertino, California in the middle of the Silicon Valley. It is focused on designing and developing the personal computers, other related software products, and the electronic products such as MP3 players and iPods.  Apple Inc’s main products are iMac, iPod, iPhone, and its latest advanced product is iPad, which is on the verge of creating another revolution after iPhone. Apple Inc was founded in 1976 and since then Apple Inc has been leading the way in innovating new products.  Apple Inc produced the first ever extremely successful personal computer. It has been always on the forefront of innovating new products; however it has often struggled to maintain the hold on the market share in the product line. Lately, Apple Inc has transformed its image from an inventive computer manufacturer to a fully fledged consumer’s electronic company. Apple posted revenue of $37.5 billion and net quarterly profit of $7.5 billion, compared to revenue of $36 billion and net quarterly profit of $8.2 billion in the year ago quarter. Apple Inc had controlled 4.2% of the US market in PCs.  Also, Apple iPods models had controlled 70% of the hard drive MP3 player market. Apple Inc enjoys the leading share in the handset market, generating over 71% of the industry’s profit with 6.5% of the international handset market.  Apple unveiled its first iPhone on 9th January, 2007. To achieve a thorough grasp of how a company such as Apple Inc. achieves their results, here is a SWOT analysis. Examining the strengths, weaknesses, opportunities, and threats of Apple Inc. paints a clearer...
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