Apple And Its Innovation And Business Practices

Before there was Apple Inc., there were two young high school friends, Steven Jobs and Steven Wozniak. These two young geniuses were extremely interested in technology and electronics, and they used this passion to find employment. Jobs worked for Atari, and Wozniak worked for Hewlett-Packard. In April of 1976, in a garage with just $1,300, the two Stevens came together to form a dynamic duo. With Wozniak’s flair for computer design, and Jobs ability to look further into the future, they both created the Apple computer. Now branding began to emerge as Ronald Wayne became a 3rd founder of Apple Inc. since was responsible for creating the company’s first logo which he later resigned because he believed that the company would pose a financial risk. The new logo was created by Ron Janov designs. The company’s first president was Mike Scott. The company was not taken seriously until 1977 when the company came out with the Apple II, which was the “first personal computer to come in a plastic case and include color graphics,” at this point Apple Inc. became incorporated. The company continued to improve with the introduction of Apple III. In 1983, Apple Inc. became the fastest growing company in history, and at this time

On April 1st of 1976, 2 college dropouts by the name of Steve Jobs and Steve Wozniak founded the Apple Computers Company. They later Changed the name to Apple Inc. They started out by selling Apple 1s out of Job’s garage, without a monitor, keyboard, or casing. The Apple 2 revolutionized the computer industry for being the first computer to have color graphics. Sales skyrocketed from $7.8 million to over $117 million in the year of 1980, the year that Apple went public. Wozniak left Apple in 1983 due to a fading interest in running Apple computers from day to day. Steve Jobs also left in 1985 and went on to do other projects. He founded his own company NeXT Software, and purchased Pixar from George Lucas, which would become a successful animation

The founders of Apple Inc., Steve Jobs, Steve Wozniak and Ronald Wayne created Apple Computer on 1st of April 1976, and incorporated the company on 3rd January 1977 in Cupertino, California. Wayne then withdrew from the partnership, leaving Jobs and Wozniak as the primary co-founders of the company. After that, Apple went public on December 12, 1980 at $22.00 per share. The stock has split four times since the IPO so on a split-adjusted basis the IPO share price was $0.39. As for now, Tim Cook took over as the current CEO of Apple Inc. (Apple Inc., 2015).

April 1, 1976, Steve Jobs and Steve Wozniak created The Apple Computer. They incorporated the company on January 3, 1977 in Cupertino, California. Apple, Inc. is responsible for bringing to market such products as the Macintosh desktop and portable computer, iPod and iTunes, and most recently, the iPhone. What many people may not know is that after founding Apple, Jobs was fired by the company 's board of directors 10 years later at age 30. After his termination, he went on to create two more companies. During this period Apple went through three different CEOs and their stock price dropped to $2 a share. As a result, Jobs was invited back to join the company as CEO. Not only did Jobs rejuvenate Apple but it flourished (Finkle & Mallin, 2010). Apple has over 66,000 employees in the United States, from engineers to retail employees, app developers, suppliers and manufacturers.

Steve Jobs and Steve Wozniak founded Apple in California in 1976. Their mission was to introduce an easy to use computer to market, which led to a computing revolution and quickly became the industry leader by selling more than 100,000 Apple IIs in 1980. After IBM entered PC market, IBM PCs, which used Microsoft’s DOS (OS), gained more market share and became the new standard for the PC industry. At the same time, Apple introduced the Macintosh in 1984. However, Apple’s net income fell 62% due to the Mac’s slow processor speed and lack of software limited sales. In 1985, Steve Jobs was forced out and John Sculley took charge of the Mac. Under the direction of Sculley, Apple

According to the Fortune 500 they are number one in innovation. They specialize in finding out what people want in a computer and then give it to them. Apple Inc. is the name and would be a great long term investment in the stock market because the company is really innovative with products like the iPod, iMac, MACBOOK, iTunes, iPhone and their newest product the iPad. Apple is number six in company financial soundness and will be around for years to come. (money.cnn.com)

Apple Inc. is a corporation that designs and manufactures computer hardware, software and other consumer electronic products. The company is known for the Macintosh personal computers, iTunes media applications and the iPod personal music players. Apple was founded in April 1976 by Steven Wozniak and Steve Jobs, both college dropouts. In 1976, Wozniak and Jobs created the Apple I computer which did not have a keyboard or power supply for a computer hobbyist club. Later that summer Wozniak started his development of the Apple II, which

In a competitive industry there is a wide range of aspects that help determine what companies succeed and fail. Over time different companies grow and develop competitive relationships that encourage refining of their companies in order to stay relevant in a competitive market. Apple is a prime example of a company that is in a competitive market has had many innovations since its creation to help it stand out from other companies in the computer technology industry.

Apple Inc. (Apple) was incorporated on April 1, 1976, by two college dropouts Steve Jobs, and Steve Wosniak, and Ronald Wayne. During the time when Wozniak had built boxes that allowed them to make free long-distance phone calls and were able to sell over 100 units. Wayne much older than Jobs and Wosniak had money, business knowledge, and concept. Although, rarely mentioned in affiliation with Apple, Wayne was as involved as both Jobs and Wozniak. In fact, Jobs liked Wayne’s knack for disentangling quarrels. Jobs offered Wayne 10% of the company stock to serve as the determining vote in the event that Jobs and Wosniak ever had a conflict. Wayne accepted but changed his mind 12 days later and sold for a couple hundred dollars a holding that would be worth more than $62 billion today. Wayne was accredited with designing the company 's first logo, wrote the Apple 1 computer user 's manual and drafted the company 's original partnership agreement. Wayne leaves the partnership in June 1976. As stated in the Washington Post; ‘he continued to assist them with the logo and the cabinet design and various other things, because I wanted to help in any way I could before he and Apple parted ways.’ [Washington Post, 2016] Wayne is also responsible for the creation of the iPhone, iPad or iMac.

Many people all over the world own products manufactured by Apple, a multinational organization that is credited with revolutionizing the technology industry. The company was formed by Steve Wozniak, Ronald Wayne and Steve Jobs in 1976. During that time, computers were only available to scholars and researchers. However, the company made computers available for the use of ordinary people in the 1980s. Additionally, Apple has launched innovative products whose features have simplified business, education, and technology. The company is ranked among the most profitable companies in the world, achieving a whopping revenue of $170 billion in 2014 (Lusted 2010). This paper describes Apple’s strategies that contribute towards its success in the highly competitive technology industry.

Apple Inc, is incorporated in 3 January 1977 as a multinational corporation which serves as a manufacturer and designer in the consumer electronics sector. Their focus point is production, marketing and support service of personal computers, computer hardware and software portable mp3 players, portable video players and finally mobile phones with the multimedia function. The company is located in USA, California, Silicon Valley. Today the company has over 200 retail stores all around the world. Retail stores consist of products such as computers, software, iPod music players, iPhone cell phones, third-party accessories, and other consumer electronics such as the

Once solely regarded as a common handheld fruit, two unlikely visionaries changed the meaning of “Apple” forever. The corporate conglomerate that now manufactures and sells various electronic products such as computers, cell phones, tablets, music players, and computer accessories was once merely an idea two college dropouts had dreamt in their own garage. Apple stock currently trades at $544.45 (as of February 14th, 2014), with a net worth estimated at over $500 billion (Forbes) 4. Who started the company, how did they come about starting it, who were the main

The company started off as “Apple Computer,” best known for its Macintosh personal computers (PCs) in the 1980’s and 1990’s. Despite a strong brand, rapid growth, and high profits in the late 1980s, Apple almost went bankrupt in 1996 (Kim & Yoffie, 2010, p.1). This can be explained that Apple has become larger and more significant than other competitors put together in 1980. Because Apple failed to innovate in 1996, the company almost went bankruptcy but eventually Steve Jobs took Apple from bad situation to the company that can make billions of dollars through promoted itself as a hip alternative to other computer brands. Apple highlighted its computers as the world’s “greenest lineup of notebooks” that were energy efficient and used recyclable materials. The goal was to differentiate the Macintosh amid intense competition in the PC industry (Kim & Yoffie, p.4).

In 1976, Apple Inc. was founded by Steve Jobs, Ronald Wayne and Steve Wozniak and is headquartered in California, U.S. In the last couple of years, the executive team of Apple has experienced some changes. In 2011, the company unfortunately experienced the death of their CEO Steve Jobs. Then Time Cook was named as CEO and a member of the Board of Directions for Apple. It specialises in manufacturing, personal computers, computer software, services, media devices and related digital accessories. Apple is often eulogized by its innovation based on a number of the granted patents. For instance, the first iPhone in 2007 to iPhones6P in late September 2015. Since the first-generation iPhone, following new phone have added to diverse new functions and features such as iPhone 5s has a Touch ID fingerprint sensor and iPhone6 has increased the screen size to 4.7 inches. And Apple smashed its successful sales records of iPhone - 74.5 million sold in the last three months of 2014 and reported quarterly earnings, which there were 29.5% gained in the same period a year before (Fast Company, 2015). They became the first American company to cross the $700 billion market capitalisation mark and their market capitalisation may be higher still that a report pointed by Citi (Forbes, 2015). According to Forbes (2015), Apple has already been distinguished as the world’s most valuable brand. Furthermore, in Fast Company’s 2015 survey if the world’s 50 most

In its infancy, Apple Computer Inc. began with the Macintosh personal computer. The company was founded on April 1, 1976. The founders were Steve Wozniak and Steven Jobs. They incorporated the company in 1977, on January 3rd, in Cupertino, California. In the twenty years that followed, the company produced personal computers. Besides the Macintosh, Apple Inc. made Apple II, and the Power Mac lines. Although they lasted for decades, during the 90’s the company experienced some turbulent times with low sales and market share. Steve Jobs left Apple Inc. and came back in 1996 when his company, NeXT was purchased by Apple. In 1997, Jobs became the interim CEO. In later years it became a permanent position for him.