The world's first 3 trillion company | Apple company facts and figures

Do you know the amount of Apple assets? Have you ever wondered what was Apple's first product? If you don't know, after reading this article, you are going to know about Apple company facts and figures.

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Apple company introduction

Have you ever wondered what is Apple Inc. known for? Apple Inc. company is a well-known American multinational technology company that designs, develops, and sells consumer electric, computer software, and online services. Apple Inc. full form - Apple Pugetsound Program Library Exchange.

The technology company's hardware products include iPhone smartphones, iPad tablet computers, Mac personal computers, iPod portable media players, Apple Watch smartwatches, and Apple TV digital media players.

The company Apple's software includes Mac OS and iOS operating systems, iTunes Media Player, Safari Web Browser, and iLife and iWorks Creative and Productivity Suite, as well as professional applications: Final Cut Pro, Logic Pro, and Xcode.

They have also online services include iTunes Store, iOS App Store, and Mac App Store, Apple Music, and iCloud. Apple Inc is known for all these services.

Apple's headquarters

Apple Inc. is headquartered in Central Silicon Valley, California. Apple's current headquarters has been housed in 6 buildings of 850,00 square feet since 1993.

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The world's first 3 trillion company, Apple 🍎 Inc.

World-renowned technology company Apple's market value has reached a record 3 trillion US dollars. The world's first iPhone maker touched the milestone on Monday (January 3, 2022).

With this, the most expensive company in the world reached a unique height, surpassing the rival companies.

Shares of Apple Corps rose 3 percent to 182.88 on Monday in the US stock market, local media reported.

With this, the company became the world's first 3 trillion company. However, Apple's price in the stock market later fell slightly from the highest level.

While the coronavirus epidemic has had a devastating effect on the global economy, it is a blessing in disguise for the technology company Apple.

Apple is even considered to be one of the companies that have done well in the event of an epidemic. Because of the epidemic, the use of technology has increased a lot around the world.

Apple co-founder and former chief executive officer (CEO) Steve Jobs introduced the first iPhone in 2007. According to the BBC, Apple's share price has risen nearly 5,800 percent (5,800%) since the first iPhone was unveiled.

According to the media, another tech giant Microsoft is in the second position after Apple in terms of the market price. The current market value of this US technology company is about 2.5 trillion US dollars.

On the other hand, the market value of Alphabet, the parent company of the search engine giant Google, which is in the third position, is 2 trillion US dollars.

The world's first 3 trillion company, Apple Inc.

Apple company history

The technology company, Apple was formed by Steve Jobs, Steve Wozniak, and Ronald Owen on April 1, 1986. The company Apple's first product, the Apple 1, was Wozniak's stand-alone computer and was first unveiled at the Homebrew Computer Club. Apple 1 has been on sale since 1976 and has a market price of 666.66 us dollars.

Apple Computer, Inc. was incorporated on January 3, 1977, providing multimillionaire Mike Markkula with the necessary business skills during his incorporation and financing 250,000 us dollars.

In the first five years, incomes doubled every four months, increasing exponentially. Between September 1977 and 1980, annual sales increased from 7,75,000 to $ 118 million, with an annual growth rate of 533%.

Wozniak's invention Apple 2 was unveiled at the first West Coast Computer Fair on April 16, 1977. Apple 2 was selected for the "Killer App" Visikalk (a spreadsheet computer program) in the commercial market.

VisiCalc created a commercial marketplace for the Apple 2 and brought Office support as an added benefit to the average user.

In the late '70s, Apple had a team of computer designers and production lines. In May 1980, the technology company launched the Apple 3 to compete with IBM and Microsoft in the commercial and corporate computing market.

In December 1980, Apple raised 22 dollars per share, raising more capital than any other IPO.

Apple launched the Macintosh in 1984. It was the first personal computer without any programming language. Macintosh's first TV commercial became very popular, and CNN called it a masterpiece.

Initially, the Macintosh sold well, but later sales declined due to the high price and limited software titles. LaserWriter, the first PostScript laser printer, and Adobe Pagemaker, one of the earliest desktop publishers, changed the fortunes of Macintosh.

It is said that the combination of these three products creates a market for desktop publishing. Macintosh was unique and powerful for its advanced graphic capabilities.

In 1985, a power struggle broke out between Jobs and then-CEO John Schulz. Jobs retired from Apple earlier this year and formed Next Inc. Wozniak also left Apple in 1985 to buy another venture.

In 1997, then-CEO Gil Emilio bought Next and brought back Steve Jobs. Shortly after the Job came, he became the new CEO of the company.

He undertook a process to restore Apple, including opening Apple's retail store in 2001, acquiring several software companies to build a portfolio, and modifying some of their computer hardware.

Because of this process, Apple has seen success again. In January 2007, Jobs announced that Apple Computer, Inc. (Apple Inc. full name)would be renamed Apple Inc. to express its interest in consumer electronics.

At the same time, he announced the iPhone, which was widely acclaimed and had significant economic success. Jobs retired as CEO in August 2011 due to poor health and Tim Cook became the new CEO. Two months later, Jobs died. (Apple company owner)

Apple company facts and figures

In 2017, Apple's global annual revenue totaled $ 22,900 crore. In terms of profitability, it is the world's largest information technology company and the third-largest mobile manufacturer after Samsung and Huawei.

In August 2018, Apple became the first public company in the United States to reach 1 trillion. In 2017, Apple's global annual revenue totaled $ 22,900 crore.

They have a total of 123,000 employees, and Apple has retail stores in 22 countries as of December 2017. They also run the iTunes Store, the world's largest music retailer.

As of January 2016, more than 100 crore Apple products are being actively used worldwide. The company has a very high level of brand loyalty to each category and has repeatedly been considered the most valuable brand in the world.