From their humble beginnings in 1976, Apple Inc., founded by Steve Jobs and Steve Woznick, entered its fortieth year in the computer and multimedia industry on April 1, 2016, with a market cap of $586 billion (Forbes.com, 2016). For more than thirty years Apple focused primarily on the personal computer market and in 2006 held a modest, less than five percent of the market share. In October 2001, Apple introduced the iPod, a portable digital music player, to the field of digital music players and within four years Apple 's share of the entire mobile music device market stood at 76%. The iPod gave an immense boost to Apple 's financial results.
Apple Inc. Headquartered in Cupertino, California has encountered numerous difficulties all through its business history. In 1997 Apple 's offer cost was $3.30. In 2011 its impart cost had ascended to $339.87. For as long as four years, Apple has made ahead of all comers among Fortune magazine 's World 's Most Admired Companies. To a great many customers, the Apple brand symbolizes quality, notoriety, and modernization. The brand is esteemed at more than $153 billion, making it the most significant brand around the world.
Revenues are recognized in a net basis and only commissions they retain from each sale are reflected under the company’s financial statements.
Apple Inc. is an American multinational corporation headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, online services, and personal computers combining technology and design, using an user friendly approach. Apple regarded “switch” as its slogan and it valued innovation very much. The main features of the company can be resumed in this tables:
Big companies such as Apple Inc. focuses on ethical principles. They have a code of conduct that applies to their four main principles. Also, they have guidelines and codes of conduct that applies to all of their operations even their overseas operations. Even though Apple has different guidelines for their company and manufacturers to follow, doesn’t mean that they’re always going to be followed to the letter. Because of that many different issue has arose and occurred in America as well as in other countries that were associated with Apple Inc.
The Apple Company was founded by Steven Jobs, Steve Wozniak and Ronald Wayne on April 1, 1976. Apple has been very successful over the years and is on Forbes Innovative Companies list coming in at number 79. (Forbes, 2016) Due to their diligent work on innovation, globalizing the company they were able to have a market cap of $741.8 billion as of May 2015.
Apple was founded on April 1, 1976. It was founded in Cupertino, California. The founders are Steve Jobs and Steve Wozniak. In the fall of 1976, Steve Wozniak started working on a new computer. This computer was to be called Apple II. Unfortunately, Apple started to lack in funds, but they knew they were on to something. In November 1976, Mike Markkula gave the young men advice. Mike was a chip industry veteran and ex-Intel manager.
Apple Incorporated has come a long way over the years, starting more than 3 decades ago in 1976. Apple was founded by Steve jobs, Steve Wonzniak and Ronald Wayne initially entering a niche market in the production of the first computer, the Apple I, followed by the Apple II in 1978. Apple began its career as a successful company based upon strategic innovation, and they remain that way today, but it wasn’t always sunshine and lollipops, they experienced their fair share of struggles too.
Based in Cupertino, California, Apple Inc. has become one of the titans of the technological industry in the 39 years since it was created in the spring of 1976. This growing company employees over 115,000 people and has 450 retail stores in 16 different countries. With an annual revenue of $233 billion in 2015 Apple Inc. is the most prosperous technological company in the world. Along with its many retail locations Apple also runs the online Apple Store making it a truly global brand. Over the years Apple has expanded their product line; in its infancy the company specialized in personal computers but more recently the main product line is phones and tablets. Apple’s other significant products include computer software and other consumer electronics (iPod, Apple Watch, and Apple computers).
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
Apple Inc. is a software and electronics manufacture that was established in 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne. The first computers the company manufactured were aimed at computer hobbyists, while they worked on making their computer simpler for the non-computer users. They later succeeded in creating the Apple II model which would become one of the most popular computers in the through
As an evolving technology company, Apple is one of the most successful companies in history. In today’s society, we cannot live without Apple products such as the Pad or IPhone. Apple 's success has come at a high cost with regards to safety to the workers of Foxconn, a supplier which makes products for Apple and plenty of other tech giants. As a result, some workers have committed suicide and many riots and fights have broken out.
Despite its global recognition and status, Apple Inc. has come under scrutiny in recent years. Criticism concerning Apple’s unethical labour conditions (causing both physical and emotional distress to employees) on a considerable number of occasions has led to this. Unethical labour conditions has not been an isolated incident, rather a disapprovingly common occurrence for such a well-regarded global brand.
Apple Inc. has launched its iPhone in January 2007 (telegraph) as a new product in the market with latest technology and it was the first multi touch smartphone adding the feature of iPod and received an overwhelmed response by selling 270000 units. It had created a new record for a new company like apple, iPhone had laid a stepping stone for the success of Apple and till this time iPhone is the best seller product of Apple Inc. during first quarter of 2016 apple has sold over 74 million iPhones worldwide. (statista, 2016).
This paper presents a case study of Apple Inc. Apple Inc. is a technology based corporation with emphasis on computer software and hardware (MAC and Apps), tablets (IPad), smart phones (IPhone), and mp3 plays, (ITouch). Apple Inc. has grown tremendously over the years and ever since 2001 has expanded its brand and retail stores to over 375 stores/outlets globally. The business has seventy two thousand eight hundred employees in thirty eight countries. Apple Inc. has truly become one of the most efficacious corporations within its field behind or competing with Microsoft and Google Inc.