← Home
🚀 Sign up Free for Public Company Valuation & Insights!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free Video Highlights
Apple
-5.42%
Electronics / Technology and Consumer Electronics
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebCompany at a Glance
Overview
Apple Inc. is an American technology company headquartered in Cupertino, California. Founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple is known for its innovative hardware and software products, including the iPhone, iPad, Mac, Apple Watch, and Apple TV.
Apple's products and services are designed to empower individuals and enhance their lives. The company's mission is to "bring the best user experience to its customers through its innovative hardware, software, and services."
Apple is also known for its strong focus on design, incorporating sleek and user-friendly designs into its products. This attention to detail has helped the company gain a loyal fanbase and has also influenced the design standards of the technology industry as a whole.
In addition to its consumer products, Apple also offers a range of services, including the App Store, iTunes Store, and Apple Music. The company has also ventured into the health and wellness industry with their Apple Watch, which allows users to track their fitness and health data.
Apple has a global presence, with retail stores in several countries and a strong online presence. The company has a large and dedicated customer base, and its products are often highly anticipated leading up to their release.
Overall, Apple's success can be attributed to its innovative products, sleek design, and commitment to providing the best user experience to its customers.
Apple's products and services are designed to empower individuals and enhance their lives. The company's mission is to "bring the best user experience to its customers through its innovative hardware, software, and services."
Apple is also known for its strong focus on design, incorporating sleek and user-friendly designs into its products. This attention to detail has helped the company gain a loyal fanbase and has also influenced the design standards of the technology industry as a whole.
In addition to its consumer products, Apple also offers a range of services, including the App Store, iTunes Store, and Apple Music. The company has also ventured into the health and wellness industry with their Apple Watch, which allows users to track their fitness and health data.
Apple has a global presence, with retail stores in several countries and a strong online presence. The company has a large and dedicated customer base, and its products are often highly anticipated leading up to their release.
Overall, Apple's success can be attributed to its innovative products, sleek design, and commitment to providing the best user experience to its customers.
What is special about the company?
1. Innovative Products: Apple is known for its cutting-edge and innovative products such as the iPhone, Mac computers, iPad, and Apple Watch. These products have revolutionized their respective industries and have set the standard for design, user experience, and technology.
2. Customer loyalty: Apple has a strong and dedicated customer base that is willing to pay a premium price for their products. The company has been able to maintain this loyalty by consistently delivering high-quality products that meet customer expectations.
3. Brand Image: Apple has a strong brand image that is associated with high quality, innovation, and simplicity. This has helped the company build a loyal customer base and stand out from its competitors.
4. Ecosystem of Products and Services: Apple has created a seamless ecosystem of products and services that work together to provide a cohesive user experience. This includes services like iCloud, iTunes, and the App Store, which make it easy for customers to access and use Apple products.
5. Marketing and Advertising: Apple is known for its highly successful marketing and advertising campaigns. Its commercials and product launches are highly anticipated and generate significant hype and buzz, which contributes to the brand's popularity and customer demand.
6. Retail Stores: Apple's retail stores are designed to provide a unique shopping experience for customers. They are known for their modern and sleek design, with a focus on customer service and providing a hands-on experience with Apple products.
7. Strong Financial Performance: Despite being a premium brand, Apple has consistently generated high revenues and profits, making it one of the most valuable companies in the world. This financial stability has allowed the company to invest in research and development and continue to innovate.
8. Philanthropy: Apple is committed to social responsibility and has made significant donations to various charitable causes. The company has also implemented environmentally friendly practices in its operations, demonstrating its commitment to sustainability.
9. Leadership and Culture: Apple's co-founder, Steve Jobs, is widely regarded as a visionary leader who has shaped the company's culture. Apple continues to maintain a strong corporate culture that emphasizes creativity, innovation, and secrecy.
10. Secrecy and Product Hype: Apple is known for its secretive product development process, which creates a sense of anticipation and excitement around its new product launches. This secrecy has helped build hype and generate buzz around the company's products, contributing to their success.
2. Customer loyalty: Apple has a strong and dedicated customer base that is willing to pay a premium price for their products. The company has been able to maintain this loyalty by consistently delivering high-quality products that meet customer expectations.
3. Brand Image: Apple has a strong brand image that is associated with high quality, innovation, and simplicity. This has helped the company build a loyal customer base and stand out from its competitors.
4. Ecosystem of Products and Services: Apple has created a seamless ecosystem of products and services that work together to provide a cohesive user experience. This includes services like iCloud, iTunes, and the App Store, which make it easy for customers to access and use Apple products.
5. Marketing and Advertising: Apple is known for its highly successful marketing and advertising campaigns. Its commercials and product launches are highly anticipated and generate significant hype and buzz, which contributes to the brand's popularity and customer demand.
6. Retail Stores: Apple's retail stores are designed to provide a unique shopping experience for customers. They are known for their modern and sleek design, with a focus on customer service and providing a hands-on experience with Apple products.
7. Strong Financial Performance: Despite being a premium brand, Apple has consistently generated high revenues and profits, making it one of the most valuable companies in the world. This financial stability has allowed the company to invest in research and development and continue to innovate.
8. Philanthropy: Apple is committed to social responsibility and has made significant donations to various charitable causes. The company has also implemented environmentally friendly practices in its operations, demonstrating its commitment to sustainability.
9. Leadership and Culture: Apple's co-founder, Steve Jobs, is widely regarded as a visionary leader who has shaped the company's culture. Apple continues to maintain a strong corporate culture that emphasizes creativity, innovation, and secrecy.
10. Secrecy and Product Hype: Apple is known for its secretive product development process, which creates a sense of anticipation and excitement around its new product launches. This secrecy has helped build hype and generate buzz around the company's products, contributing to their success.
What the company's business model?
The Apple company's business model is based on designing, manufacturing, and selling consumer electronics, computer software, and online services. Apple's revenue is generated primarily through the sale of these products and services, including iPhones, iPads, Mac computers, Apple Watches, Apple Music and other digital content services. Additionally, Apple also earns revenue from licensing its proprietary technology and from selling accessories for its products. Apple's business strategy also includes creating a strong brand image, leveraging its design and innovation capabilities, and continuously releasing new and improved products to maintain its market share and competitive advantage.
Interesting facts about the company
1. The company was founded on April 1, 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Initially, it was called Apple Computer Company and was based in Jobs’ parents’ garage.
2. The Apple logo, a bitten apple, is rumored to have been inspired by an incident where Jobs and Wozniak had both worked at an apple orchard.
3. The first Apple product was the Apple I, a computer designed and hand-built by Wozniak. It was sold for $666.66.
4. The company’s first successful product was the Apple II, which was designed and introduced by Wozniak in 1977. It was the first personal computer to have color graphics.
5. Apple’s first CEO was Michael Scott, who was hired by Jobs and Wozniak in 1977. He was later replaced by John Sculley in 1983.
6. Jobs was famously ousted from his own company in 1985 after a power struggle with Sculley, but returned in 1997 when Apple acquired his computer company, NeXT.
7. In the 1990s, Apple struggled financially and was on the brink of bankruptcy. However, with the introduction of the iMac in 1998, the company saw a revival.
8. The iMac, introduced by Jobs in 1998, was the first computer to have a USB port as the primary means of connecting peripheral devices. It also had a unique, colorful design.
9. The iPod, introduced in 2001, revolutionized the music industry and redefined the way people listen to music. It was also the first product to feature the iconic click wheel.
10. The iTunes store, launched in 2003, allowed users to legally purchase and download music, movies, and TV shows. It quickly became the largest music retailer in the world.
11. In 2007, Apple entered the mobile phone market with the introduction of the iPhone. It combined the functionality of a computer with the portability of a phone, and became a massive success.
12. The App Store, launched in 2008, gave users access to thousands of third-party applications for their iPhones. It has since grown to have over 2 million apps, generating billions of dollars in revenue for Apple.
13. On October 5, 2011, co-founder and chairman Steve Jobs passed away due to complications from pancreatic cancer. His passing was met with an outpouring of grief and tributes from around the world.
14. As of 2021, Apple is the largest publicly traded company in the world by market capitalization, with a valuation of over $2 trillion.
15. Apple’s headquarters, Apple Park, is often referred to as the spaceship campus due to its circular design and massive size. It was designed by Steve Jobs and opened in 2017.
16. The company is known for its strict approach to secrecy and product confidentiality. Employees are required to sign non-disclosure agreements and even locked rooms in the company’s offices are monitored by cameras.
17. As of September 2020, Apple has approximately 147,000 full-time employees worldwide.
18. Apple has a strong commitment to environmental sustainability and has set a goal to become carbon neutral in its supply chain and products by 2030.
19. The company is also known for its philanthropic efforts, launching initiatives such as the Product Red partnership to raise money for the fight against HIV/AIDS, and the Apple Giving program which matches employee donations to charitable causes.
20. Over the years, Apple has faced controversies and legal battles, including a high-profile conflict with the FBI over encryption and privacy in 2016. However, the company remains one of the most valuable and influential companies in the world.
See Company Due Diligence:
2. The Apple logo, a bitten apple, is rumored to have been inspired by an incident where Jobs and Wozniak had both worked at an apple orchard.
3. The first Apple product was the Apple I, a computer designed and hand-built by Wozniak. It was sold for $666.66.
4. The company’s first successful product was the Apple II, which was designed and introduced by Wozniak in 1977. It was the first personal computer to have color graphics.
5. Apple’s first CEO was Michael Scott, who was hired by Jobs and Wozniak in 1977. He was later replaced by John Sculley in 1983.
6. Jobs was famously ousted from his own company in 1985 after a power struggle with Sculley, but returned in 1997 when Apple acquired his computer company, NeXT.
7. In the 1990s, Apple struggled financially and was on the brink of bankruptcy. However, with the introduction of the iMac in 1998, the company saw a revival.
8. The iMac, introduced by Jobs in 1998, was the first computer to have a USB port as the primary means of connecting peripheral devices. It also had a unique, colorful design.
9. The iPod, introduced in 2001, revolutionized the music industry and redefined the way people listen to music. It was also the first product to feature the iconic click wheel.
10. The iTunes store, launched in 2003, allowed users to legally purchase and download music, movies, and TV shows. It quickly became the largest music retailer in the world.
11. In 2007, Apple entered the mobile phone market with the introduction of the iPhone. It combined the functionality of a computer with the portability of a phone, and became a massive success.
12. The App Store, launched in 2008, gave users access to thousands of third-party applications for their iPhones. It has since grown to have over 2 million apps, generating billions of dollars in revenue for Apple.
13. On October 5, 2011, co-founder and chairman Steve Jobs passed away due to complications from pancreatic cancer. His passing was met with an outpouring of grief and tributes from around the world.
14. As of 2021, Apple is the largest publicly traded company in the world by market capitalization, with a valuation of over $2 trillion.
15. Apple’s headquarters, Apple Park, is often referred to as the spaceship campus due to its circular design and massive size. It was designed by Steve Jobs and opened in 2017.
16. The company is known for its strict approach to secrecy and product confidentiality. Employees are required to sign non-disclosure agreements and even locked rooms in the company’s offices are monitored by cameras.
17. As of September 2020, Apple has approximately 147,000 full-time employees worldwide.
18. Apple has a strong commitment to environmental sustainability and has set a goal to become carbon neutral in its supply chain and products by 2030.
19. The company is also known for its philanthropic efforts, launching initiatives such as the Product Red partnership to raise money for the fight against HIV/AIDS, and the Apple Giving program which matches employee donations to charitable causes.
20. Over the years, Apple has faced controversies and legal battles, including a high-profile conflict with the FBI over encryption and privacy in 2016. However, the company remains one of the most valuable and influential companies in the world.
See Company Due Diligence:
Wait! There's more — sign up for free or log in