Part 1 - Background Report on Apple Incorporated
Deborah Atwater, Lydia Hsieh, Zhen Jin, Suki Kwan, Martin Nguyen
University of Southern California
Professor Freed
November 4, 2014
Apple Incorporated is a company that arguably has the most fascinating history and highest potential for historical profitability for its shareholders. From its early beginnings until today, Apple is the company that brought computing to the common man. Its history, product line and soaring profitability make the company an attractive corporation to watch.
Corporate Beginnings and Leadership
Two young friends since high school, Stephen Wozniak and Stephen Jobs, launched their personal computer company start-up on April 1, 1976 and sales began to grow
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Over the last five years, the share value has increased from $28.62 in 2010 to over $100 as of November 3, 2014. There was a period of decline in value from the September 2012 all time high of $100.27 to a low of $56 in June 2013 when the value returned to a steady incline to the current price that exceeds the 2012 record breaking high (APPL, 2014).
The continued increase in share value has rewarded investors in the stock market, as well as by Apple, Inc. itself through high dividends recently - $15.97 per share (adjusted for 7 to 1 stock split) in 2014, up from $11.80 in 2013 and $5.30 in 2012 - even though dividends have historically been negligible. From 1996 to 2012, the company declared no dividends at all, signalling a period of expansion and investment in the company (Apple, 2014). During this time, Co-founder Steve Jobs returned to Apple as CEO led Apple in remaking itself into the industry leader they are today. Job orchestrates an immediate success to the company, as he announces that Apple will sell computers directly to the consumer through the Internet; it becomes the third largest e-Commerce site in the Internet (Mesa, 1998). They revolutionized the music industry with the launching the iPod campaign in 2001 and the phone industry by introducing the iPhone in 2007 (“Steve Jobs”, 2011).
In 1981, Steve Wozniak was injured in a place crash and gradually reduced his involvement in the company. Later that year, Steve Jobs became Chief Executive Officer and
Apple inc is an american multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. Its best-known hardware products are the Mac personal computers, the iPod portable media player, the iPhone smartphone, the iPad tablet computer. Apple has around 437 stories around the world and around 100,000 staff (around 200 staff per storie) apple was first started in 1976 by founder Steve Jobs, Ronald Wayne, Steve Wozniak. Apple has shareholder and the biggest shareholder have a say in what Apple do and have a say in how come in or out. Apple Is worth is around $700 billion the most expansive company in the world. Apple want to "better" great technology for is customer there main goal is to beat their main competition Samsung.
Steve Wozniak’s interest in electronics had grown stronger, and he began to regularly attend meetings of a group of early computer hobbyists called the Homebrew Computer Club. The knowledge that Wozniak gained from these Homebrew meetings, as well as his amazing talent, allowed him to build his own computer board, simply because he wanted a personal computer for himself. Steve Jobs took interest in this, and he quickly understood that his friend 's brilliant invention could be sold to software fanatics, who wanted to write software without the trouble of putting together a computer kit. Jobs convinced Wozniak to start a company for that purpose. Together they created the first Apple Computer on April 1, 1976.
Apple is multinational business with a good reputation designing and developing expensive, but high quality electronic products such as the worldwide famous iPhone, iPad, iPod and MacBook. They also provide high standard computer software that is used across the world by a large variety of people from top music producers to professional designing organizations. Apple was first founded in April of 1976 to sell personal computers (Wikipedia, 2014).
Apple Inc. is a North American multinational company that starts operating in the field of electronics and computers becoming famous by making trademark computers, Macintosh, which operates with its own operation system, MAC OS, among other products. Founded by
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
Apple Inc. is a well-known computer manufacturer, smartphone and digital devices device maker. Company have made strong roots in the computing market since its beginning its’ all, because of its maintained quality which have been continuously
Apple Inc. is an American multinational corporation that designs and manufactures consumer electronics and computer software products. The
The stock prices reached a high of mid 80’s in 2007, but it fell in 2009. The stock came up to a relative high in 2012 with prices in the low 40s and then it faced a continued decline in price with a low of mid $6 range in late 2013.
The development of Apple Inc. came during the unstable economic times of the 1970’s. Best friends and college dropouts, Steve Jobs and Stephen Wozniak pooled their electronic and business
On the 9th of July 2010 the company was trading at $17.40 now three years later is trading at $126.09. That is a positive gain of 556.72% or $106.89 in three years.
In the beginning, Steve jobs and Steve Wozniak came up with the whole Apple Inc. while
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
Apple Inc. is an American multinational technology business headquartered in Cupertino, California, established by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976, to sketch, fabricate, and sell consumer electronics, computer software, and online services. Apple is the world 's second-largest information technology company after Samsung electronics, the world 's largest technology company by total assets. On November 25, 2014, Apple became the first U.S. Company to be treasured at over 700 billion dollars, besides being the largest publicly traded corporation in the world by market capitalization. Apple is a very successful producer of computer software and hardware, however it has demonstrated internal and external areas that need enhancement along with other areas that prove to be profitable.
Apple Inc. is globally renowned as one of the leading companies, especially for its specialization in the personal computers and consumer electronics industry. The company is most well-known for the iPod, a digital music player and Macintosh, a personal computer released in 1984.
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.