APPLE NET WORTH – HOW MUCH IS APPLE INC WORTH?

Apple Inc is a multinational corporation dealing in personal computers, servers, computer software and is a digital distributor of media content.apple net worth

HISTORY OF APPLE

The company was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne. The most visible founders were Steve Jobs and Steve Wozniak until joined by Ronald Wayne whose contribution later led to the manufacture of products like the iPhone, iPad, and iMac. Although Wayne left the company a long time ago.

Apple was founded on 1 April 1976. Jobs and Wozniak actually became acquainted in 1971. They got along easily due mostly to their shared love in technology. They both attended the Hebrew Computer Club and was inspired by MIT’s build-it-yourself approach. Together, with the coming of Wayne, the Apple company was founded.

The common goal was to produce affordable personal computers for most people.

NAME AND LOGO

Steve Jobs is credited with the name, Apple. The story was he was always working in an orchard full of apples and he was a fruitarian too. The Apple logo is a beaten apple; the bite of an apple design. Two separate stories abound as regards the design of the logo though; one is the bite taken out of the apple represents the story of Adam and Eve from the Old Testament. The idea is that Apple represents knowledge.

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Another theory is that the Apple logo with a chunk taken out of it is a nod at computer scientist and Enigma codebreaker, Alan Turin, who committed suicide by eating cyanide infused apple.

GROWTH OF APPLE INC

Apple struggled in its earlier years especially competing with the likes of Tandy, IBM, and Microsoft, their continual rivals.

The first computer with a typewriter-like keyboard and the ability to connect to a regular television as a screen was first produced mainly by Wozniak. It was christened Apple 1. It is generally regarded as the archetype of every modern computer. It was built by hand and they made good sales from it, these sales were mostly spearheaded by Steve Jobs

The Apple 1 stayed in production from April 1976 until September 1977, with a total run of 200 units.

Apple 11 debuted at the West Coast Computer Faire of April 1977, it was a true innovation credited with launching the personal computer industry. Apple Inc later went to build more computers, one such product is the Macintosh; small, relatively inexpensive (for its day) and user-friendly. Down the years they delved into more personal computers, iPhones, iPads and to the revolution that it is today.

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APPLE INC WORTH – APPLE NET WORTH

Approximately the company is said to have about 132,000 employees in total and a net worth of $1 trillion as of 2020.

The company has, of course, experienced its good and bad times; one of such “bad” times was when one of the main founders, Steve Jobs passed away.

Apple is one of the most successful companies in the world right now, it is adjudged to be the most famous company in the world. A short while ago, the company had a greater amount of money in their reserves than the United States government.

In 1998, the company introduced the all-in-one iMac and since then they have continued to expand their product line. On August 2, 2018, Apple shares topped $207 for the first time and it became the first American public company to top $1 trillion marks.

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