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Apple Inc.

apple inc. (aapl), apple inc. mission statement
Coordinates: 37°19′55″N 122°01′52″W / 3733182°N 12203118°W / 3733182; -12203118

Apple Inc
Type Public
Traded as
  • NASDAQ-100 component
  • DJIA component
  • S&P 500 component
  • Computer hardware
  • Computer software
  • Consumer electronics
  • Digital distribution
  • Fabless Silicon Design
  • Corporate Venture Capital
Founded April 1, 1976; 40 years ago 1976-04-01, in Cupertino, California, US
  • Steve Jobs
  • Steve Wozniak
  • Ronald Wayne
Headquarters Apple Campus, Cupertino, California, US
Number of locations 478 Apple retail stores in 17 countries as of March 2016
Area served Worldwide
Key people
  • Arthur D Levinson Chairman
  • Tim Cook CEO
  • Jonathan Ive CDO
  • Luca Maestri CFO
  • Jeff Williams COO
  • Mac
  • iPod
  • iPhone
  • iPad
  • Apple Watch
  • Apple TV
  • macOS
  • iOS
  • watchOS
  • tvOS
  • iLife
  • iWork
  • Apple Pay
  • Apple Store
  • online Apple Store
  • iTunes Store
  • iOS App Store
  • Mac App Store
  • iBooks Store
  • iCloud
  • Apple Music
Revenue US$215639 billion 2016
Operating income US$60024 billion 2016
Net income US$45687 billion 2016
Total assets US$321686 billion 2016
Total equity US$128249 billion 2016
Number of employees 115,000 as of July 2015
  • FileMaker Inc
  • Anobit
  • Braeburn Capital
  • Beats Electronics
  • Apple Energy, LLC
Website wwwapplecom

Apple is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services Its hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, and the Apple TV digital media player Apple's consumer software includes the macOS and iOS operating systems, the iTunes media player, the Safari web browser, and the iLife and iWork creativity and productivity suites Its online services include the iTunes Store, the iOS App Store and Mac App Store, Apple Music, and iCloud

Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976 to develop and sell personal computers It was incorporated as Apple Computer, Inc in January 1977, and was renamed as Apple Inc in January 2007 to reflect its shifted focus toward consumer electronics Apple NASDAQ: AAPL joined the Dow Jones Industrial Average in March 2015

Apple is the world's largest information technology company by revenue, the world's largest technology company by total assets, and the world's second-largest mobile phone manufacturer In November 2014, in addition to being the largest publicly traded corporation in the world by market capitalization, Apple became the first US company to be valued at over US$700 billion The company employs 115,000 permanent full-time employees as of July 2015 and maintains 478 retail stores in seventeen countries as of March 2016 It operates the online Apple Store and iTunes Store, the latter of which is the world's largest music retailer There are over one billion actively used Apple products worldwide as of March 2016

Apple's worldwide annual revenue totaled $233 billion for the fiscal year ending in September 2015 This revenue generation accounts for approximately 125% of the total United States GDP The company enjoys a high level of brand loyalty and, according to Interbrand's annual Best Global Brands report, has been the world's most valuable brand for 4 years in a row, with a valuation in 2016 of $1781 billion The corporation receives significant criticism regarding the labor practices of its contractors and its environmental and business practices, including the origins of source materials

In August 2016, after a three-year investigation by the EU's competition commissioner that concluded that Apple received "illegal state aid" from Ireland, the EU ordered Apple to pay 13 billion euros $145 billion, plus interest, in unpaid taxes


  • 1 History
    • 11 1976–84: Founding and incorporation
    • 12 1984–91: Success with Macintosh
    • 13 1991–97: Decline, restructuring, acquisitions
    • 14 1997–2007: Return to profitability
    • 15 2007–11: Success with mobile devices
    • 16 2011–present: Post-Steve Jobs era; Tim Cook leadership
  • 2 Products
    • 21 Mac
    • 22 iPod
    • 23 iPhone
    • 24 iPad
    • 25 Apple Watch
    • 26 Apple TV
    • 27 Software
    • 28 Electric vehicles
    • 29 Apple Energy
  • 3 Corporate identity
    • 31 Logo
    • 32 Advertising
    • 33 Brand loyalty
    • 34 Home page
    • 35 Headquarters
    • 36 Stores
  • 4 Corporate affairs
    • 41 Corporate culture
    • 42 Customer service
    • 43 Manufacturing
      • 431 Labor practices
    • 44 Environmental practices and initiatives
      • 441 Energy and resources
      • 442 Toxins
      • 443 Green bonds
    • 45 Finance
      • 451 Tax practices
    • 46 Litigation
    • 47 Privacy stance
    • 48 Charitable causes
  • 5 See also
  • 6 References
  • 7 Further reading
  • 8 External links


Main article: History of Apple Inc

1976–84: Founding and incorporation

Home of Paul and Clara Jobs, on Crist Drive in Los Altos, California Steve Jobs formed Apple Computer in its garage with Steve Wozniak and Ronald Wayne in 1976 The Apple I, Apple's first product, was sold as an assembled circuit board and lacked basic features such as a keyboard, monitor, and case The owner of this unit added a keyboard and a wooden case The Apple II, introduced in 1977, was a major technological advancement over its predecessor

Apple was established on April 1, 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne to sell the Apple I personal computer kit The Apple I kits were computers single-handedly designed and hand-built by Wozniak and first shown to the public at the Homebrew Computer Club The Apple I was sold as a motherboard with CPU, RAM, and basic textual-video chips, which was less than what is now considered a complete personal computer The Apple I went on sale in July 1976 and was market-priced at $66666 $2,777 in 2016 dollars, adjusted for inflation

Apple was incorporated January 3, 1977, without Wayne, who sold his share of the company back to Jobs and Wozniak for $800 Multimillionaire Mike Markkula provided essential business expertise and funding of $250,000 during the incorporation of Apple During the first five years of operations revenues grew exponentially, doubling about every four months Between September 1977 and September 1980 yearly sales grew from $775,000 to $118m, an average annual growth rate of 533%

The Apple II, also invented by Wozniak, was introduced on April 16, 1977, at the first West Coast Computer Faire It differed from its major rivals, the TRS-80 and Commodore PET, because of its character cell-based color graphics and open architecture While early Apple II models used ordinary cassette tapes as storage devices, they were superseded by the introduction of a 5 1/4 inch floppy disk drive and interface called the Disk II The Apple II was chosen to be the desktop platform for the first "killer app" of the business world: VisiCalc, a spreadsheet program VisiCalc created a business market for the Apple II and gave home users an additional reason to buy an Apple II: compatibility with the office Before VisiCalc, Apple had been a distant third place competitor to Commodore and Tandy

By the end of the 1970s, Apple had a staff of computer designers and a production line The company introduced the Apple III in May 1980 in an attempt to compete with IBM and Microsoft in the business and corporate computing market Jobs and several Apple employees, including Jef Raskin, visited Xerox PARC in December 1979 to see the Xerox Alto Xerox granted Apple engineers three days of access to the PARC facilities in return for the option to buy 100,000 shares 800,000 split-adjusted shares of Apple at the pre-IPO price of $10 a share

Jobs was immediately convinced that all future computers would use a graphical user interface GUI, and development of a GUI began for the Apple Lisa In 1982, however, he was pushed from the Lisa team due to infighting Jobs took over Jef Raskin's low-cost-computer project, the Macintosh A race broke out between the Lisa team and the Macintosh team over which product would ship first Lisa won the race in 1983 and became the first personal computer sold to the public with a GUI, but was a commercial failure due to its high price tag and limited software titles

On December 12, 1980, Apple went public at $22 per share, generating more capital than any IPO since Ford Motor Company in 1956 and instantly creating more millionaires about 300 than any company in history

1984–91: Success with Macintosh

See also: Timeline of Macintosh models The first Macintosh, released in 1984, was the first mass-market personal computer featuring an integral graphical user interface and mouse

In 1984, Apple launched the Macintosh, the first personal computer to be sold without a programming language at all Its debut was signified by "1984", a $15 million television commercial directed by Ridley Scott that aired during the third quarter of Super Bowl XVIII on January 22, 1984 The commercial is now hailed as a watershed event for Apple's success and a "masterpiece"

The Macintosh initially sold well, but follow-up sales were not strong due to its high price and limited range of software titles The machine's fortunes changed with the introduction of the LaserWriter, the first PostScript laser printer to be sold at a reasonable price, and PageMaker, an early desktop publishing package It has been suggested that the combination of these three products were responsible for the creation of the desktop publishing market The Macintosh was particularly powerful in the desktop publishing market due to its advanced graphics capabilities, which had necessarily been built in to create the intuitive Macintosh GUI

In 1985, a power struggle developed between Jobs and CEO John Sculley, who had been hired two years earlier The Apple board of directors instructed Sculley to "contain" Jobs and limit his ability to launch expensive forays into untested products Rather than submit to Sculley's direction, Jobs attempted to oust him from his leadership role at Apple Sculley found out that Jobs had been attempting to organize a coup and called a board meeting at which Apple's board of directors sided with Sculley and removed Jobs from his managerial duties Jobs resigned from Apple and founded NeXT Inc the same year

The Macintosh Portable, released in 1989, was Apple's first battery-powered portable Macintosh personal computer

After Jobs' departure, the Macintosh product line underwent a steady change of focus to higher price points, the so-called "high-right policy" named for the position on a chart of price vs profits Jobs had argued the company should produce products aimed at the consumer market and aimed for a $1000 price for the Macintosh, which they were unable to meet Newer models selling at higher price points offered higher profit margin, and appeared to have no effect on total sales as power users snapped up every increase in power Although some worried about pricing themselves out of the market, the high-right policy was in full force by the mid-1980s, notably due to Jean-Louis Gassée's mantra of "fifty-five or die", referring to the 55% profit margins of the Macintosh II

This policy began to backfire in the last years of the decade as new desktop publishing programs appeared on PC clones that offered some or much of the same functionality of the Macintosh but at far lower price points The company lost its monopoly in this market, and had already estranged many of its original consumer customer base who could no longer afford their high priced products The Christmas season of 1989 was the first in the company's history that saw declining sales, and led to a 20% drop in Apple's stock price Gassée's objections were overruled, and he was forced from the company in 1990 Later that year, Apple introduced three lower cost models, the Macintosh Classic, Macintosh LC and Macintosh IIsi, all of which saw significant sales due to pent up demand

In 1991, Apple introduced the PowerBook, replacing the "luggable" Macintosh Portable with a design that set the current shape for almost all modern laptops The same year, Apple introduced System 7, a major upgrade to the operating system which added color to the interface and introduced new networking capabilities It remained the architectural basis for the Classic Mac OS The success of the PowerBook and other products brought increasing revenue For some time, Apple was doing incredibly well, introducing fresh new products and generating increasing profits in the process The magazine MacAddict named the period between 1989 and 1991 as the "first golden age" of the Macintosh

Apple believed the Apple II series was too expensive to produce and took away sales from the low-end Macintosh In 1990, Apple released the Macintosh LC, which featured a single expansion slot for the Apple IIe Card to help migrate Apple II users to the Macintosh platform; the Apple IIe was discontinued in 1993

1991–97: Decline, restructuring, acquisitions

See also: Timeline of the Apple II family The Penlite was Apple's first attempt at a tablet computer Created in 1992, the project was designed to bring the Mac OS to a touchscreen display - but was shelved in favor of the Newton

The success of Apple's lower-cost consumer models, especially the LC, also led to cannibalization of their higher priced machines To address this, management introduced several new brands, selling largely identical machines at different price points aimed at different markets These were the high-end Quadra, the mid-range Centris line, and the ill-fated Performa series This led to significant market confusion, as customers did not understand the difference between models

Apple also experimented with a number of other unsuccessful consumer targeted products during the 1990s, including digital cameras, portable CD audio players, speakers, video consoles, the eWorld online service, and TV appliances Enormous resources were also invested in the problem-plagued Newton division based on John Sculley's unrealistic market forecasts Ultimately, none of these products helped and Apple's market share and stock prices continued to slide

Throughout this period, Microsoft continued to gain market share with Windows by focusing on delivering software to cheap commodity personal computers, while Apple was delivering a richly engineered but expensive experience Apple relied on high profit margins and never developed a clear response; instead, they sued Microsoft for using a GUI similar to the Apple Lisa in Apple Computer, Inc v Microsoft Corp The lawsuit dragged on for years before it was finally dismissed At this time, a series of major product flops and missed deadlines sullied Apple's reputation, and Sculley was replaced as CEO by Michael Spindler

The Newton was Apple's first foray into the PDA markets, as well as one of the first in the industry Despite being a financial flop at the time of its release, it helped pave the way for the PalmPilot and Apple's own iPhone and iPad in the future

By the early 1990s, Apple was developing alternative platforms to the Macintosh, such as A/UX The Macintosh platform itself was becoming outdated because it was not built for multitasking and because several important software routines were programmed directly into the hardware In addition, Apple was facing competition from OS/2 and UNIX vendors such as Sun Microsystems The Macintosh would need to be replaced by a new platform or reworked to run on more powerful hardware

In 1994, Apple allied with IBM and Motorola in the AIM alliance with the goal of creating a new computing platform the PowerPC Reference Platform, which would use IBM and Motorola hardware coupled with Apple software The AIM alliance hoped that PReP's performance and Apple's software would leave the PC far behind and thus counter Microsoft The same year, Apple introduced the Power Macintosh, the first of many Apple computers to use Motorola's PowerPC processor

In 1996, Spindler was replaced by Gil Amelio as CEO Amelio made numerous changes at Apple, including extensive layoffs and cut costs After numerous failed attempts to improve Mac OS, first with the Taligent project and later with Copland and Gershwin, Amelio chose to purchase NeXT and its NeXTSTEP operating system and bring Steve Jobs back to Apple

1997–2007: Return to profitability

Power Mac was a line of Apple Macintosh workstation-class personal computers based on various models of PowerPC microprocessors that were developed from 1994 to 2006

The NeXT deal was finalized on February 9, 1997, bringing Jobs back to Apple as an advisor On July 9, 1997, Amelio was ousted by the board of directors after overseeing a three-year record-low stock price and crippling financial losses Jobs acted as the interim CEO and began restructuring the company's product line; it was during this period that he identified the design talent of Jonathan Ive, and the pair worked collaboratively to rebuild Apple's status

At the 1997 Macworld Expo, Jobs announced that Apple would join Microsoft to release new versions of Microsoft Office for the Macintosh, and that Microsoft had made a $150 million investment in non-voting Apple stock On November 10, 1997, Apple introduced the Apple Online Store, which was tied to a new build-to-order manufacturing strategy

On August 15, 1998, Apple introduced a new all-in-one computer reminiscent of the Macintosh 128K: the iMac The iMac design team was led by Ive, who would later design the iPod and the iPhone The iMac featured modern technology and a unique design, and sold almost 800,000 units in its first five months

During this period, Apple completed numerous acquisitions to create a portfolio of digital production software for both professionals and consumers In 1998, Apple purchased Macromedia's Key Grip software project, signaling an expansion into the digital video editing market The sale was an outcome of Macromedia's decision to solely focus upon web development software The product, still unfinished at the time of the sale, was renamed "Final Cut Pro" when it was launched on the retail market in April 1999 The development of Key Grip also led to Apple's release of the consumer video-editing product iMovie in October 1999 Next, Apple successfully acquired the German company Astarte, which had developed DVD authoring technology, as well as Astarte's corresponding products and engineering team in April 2000 Astarte's digital tool DVDirector was subsequently transformed into the professional-oriented DVD Studio Pro software product Apple then employed the same technology to create iDVD for the consumer market In 2002, Apple purchased Nothing Real for their advanced digital compositing application Shake, as well as Emagic for the music productivity application Logic The purchase of Emagic made Apple the first computer manufacturer to own a music software company The acquisition was followed by the development of Apple's consumer-level GarageBand application The release of iPhoto in the same year completed the iLife suite

Mac OS X, based on NeXT's OPENSTEP and BSD Unix, was released on March 24, 2001 after several years of development Aimed at consumers and professionals alike, Mac OS X aimed to combine the stability, reliability and security of Unix with the ease of use afforded by an overhauled user interface To aid users in migrating from Mac OS 9, the new operating system allowed the use of OS 9 applications within Mac OS X via the Classic Environment

On May 19, 2001, Apple opened the first official Apple Retail Stores in Virginia and California On October 23 of the same year, Apple debuted the iPod portable digital audio player The product, which was first sold on November 10, 2001, was phenomenally successful with over 100 million units sold within six years In 2003, Apple's iTunes Store was introduced The service offered online music downloads for $099 a song and integration with the iPod The iTunes store quickly became the market leader in online music services, with over 5 billion downloads by June 19, 2008

Main article: Apple's transition to Intel processors The MacBook Pro, Apple's first laptop with an Intel microprocessor, introduced in 2006

At the Worldwide Developers Conference keynote address on June 6, 2005, Jobs announced that Apple would begin producing Intel-based Mac computers in 2006 On January 10, 2006, the new MacBook Pro and iMac became the first Apple computers to use Intel's Core Duo CPU By August 7, 2006, Apple made the transition to Intel chips for the entire Mac product line—over one year sooner than announced The Power Mac, iBook and PowerBook brands were retired during the transition; the Mac Pro, MacBook, and MacBook Pro became their respective successors On April 29, 2009, The Wall Street Journal reported that Apple was building its own team of engineers to design microchips Apple also introduced Boot Camp in 2006 to help users install Windows XP or Windows Vista on their Intel Macs alongside Mac OS X

Apple's success during this period was evident in its stock price Between early 2003 and 2006, the price of Apple's stock increased more than tenfold, from around $6 per share split-adjusted to over $80 In January 2006, Apple's market cap surpassed that of Dell Nine years prior, Dell's CEO Michael Dell had said that if he ran Apple he would "shut it down and give the money back to the shareholders" Although Apple's market share in computers had grown, it remained far behind competitors using Microsoft Windows, accounting for about 8% of desktops and laptops in the US

Since 2001, Apple's design team has progressively abandoned the use of translucent colored plastics first used in the iMac G3 This design change began with the titanium-made PowerBook and was followed by the iBook's white polycarbonate structure and the flat-panel iMac

2007–11: Success with mobile devices

A fifth generation iPod, one of Jonathan Ive's most recognized industrial designs iPod has been phenomenally successful with over 390 million units sold worldwide

During his keynote speech at the Macworld Expo on January 9, 2007, Jobs announced that Apple Computer, Inc would thereafter be known as "Apple Inc", because the company had shifted its emphasis from computers to consumer electronics This event also saw the announcement of the iPhone and the Apple TV The following day, Apple shares hit $9780, an all-time high at that point In May, Apple's share price passed the $100 mark Apple would achieve widespread success with its iPhone, iPod Touch and iPad products, which introduced innovations in mobile phones, portable music players and personal computers respectively Furthermore, by early 2007, 800,000 Final Cut Pro users were registered

In an article posted on Apple's website on February 6, 2007, Jobs wrote that Apple would be willing to sell music on the iTunes Store without digital rights management DRM, thereby allowing tracks to be played on third-party players, if record labels would agree to drop the technology On April 2, 2007, Apple and EMI jointly announced the removal of DRM technology from EMI's catalog in the iTunes Store, effective in May 2007 Other record labels eventually followed suit and Apple published a press release in January 2009 to announce the corresponding changes to the iTunes Store

In July 2008, Apple launched the App Store to sell third-party applications for the iPhone and iPod Touch Within a month, the store sold 60 million applications and registered an average daily revenue of $1 million, with Jobs speculating in August 2008 that the App Store could become a billion-dollar business for Apple By October 2008, Apple was the third-largest mobile handset supplier in the world due to the popularity of the iPhone

On December 16, 2008, Apple announced that 2009 would be the last year the corporation would attend the Macworld Expo, after more than 20 years of attendance, and that senior vice president of Worldwide Product Marketing Philip Schiller would deliver the 2009 keynote address in lieu of the expected Jobs The official press release explained that Apple was "scaling back" on trade shows in general, including Macworld Tokyo and the Apple Expo in Paris, France, primarily because the enormous successes of the Apple Retail Stores and website had rendered trade shows a minor promotional channel

On January 14, 2009, an internal memo from Jobs announced that he would be taking a six-month medical leave of absence from Apple until the end of June 2009 and would spend the time focusing on his health In the email, Jobs stated that "the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well", and explained that the break would allow the company "to focus on delivering extraordinary products" Despite Jobs's absence, Apple recorded its best non-holiday quarter Q1 FY 2009 during the recession with revenue of $816 billion and profit of $121 billion

After years of speculation and multiple rumored "leaks", Apple announced a large screen, tablet-like media device known as the iPad on January 27, 2010 The iPad ran the same touch-based operating system as the iPhone, and many iPhone apps were compatible with the iPad This gave the iPad a large app catalog on launch, despite very little development time before the release Later that year on April 3, 2010, the iPad was launched in the US It sold more than 300,000 units on its first day, and 500,000 by the end of the first week In May of the same year, Apple's market cap exceeded that of competitor Microsoft for the first time since 1989

In June 2010, Apple released the iPhone 4, which introduced video calling, multitasking, and a new uninsulated stainless steel design that acted as the phone's antenna Later that year, Apple again refreshed its iPod line of MP3 players by introducing a multi-touch iPod Nano, an iPod Touch with FaceTime, and an iPod Shuffle that brought back the buttons of earlier generations Additionally, on October 20, Apple updated the MacBook Air laptop, iLife suite of applications, and unveiled Mac OS X Lion, the last version with the name Mac OS X

In October 2010, Apple shares hit an all-time high, eclipsing $300

Apple Store in Yonkers, New York

On January 6, 2011, the company opened its Mac App Store, a digital software distribution platform similar to the iOS App Store

Alongside peer entities such as Atari and Cisco Systems, Apple was featured in the documentary Something Ventured which premiered in 2011 and explored the three-decade era that led to the establishment and dominance of Silicon Valley

On January 17, 2011, Jobs announced in an internal Apple memo that he would take another medical leave of absence, for an indefinite period, to allow him to focus on his health Chief operating officer Tim Cook assumed Jobs's day-to-day operations at Apple, although Jobs would still remain "involved in major strategic decisions" Apple became the most valuable consumer-facing brand in the world In June 2011, Jobs surprisingly took the stage and unveiled iCloud, an online storage and syncing service for music, photos, files and software which replaced MobileMe, Apple's previous attempt at content syncing

This would be the last product launch Jobs would attend before his death It has been argued that Apple has achieved such efficiency in its supply chain that the company operates as a monopsony one buyer, many sellers and can dictate terms to its suppliers In July 2011, due to the American debt-ceiling crisis, Apple's financial reserves were briefly larger than those of the US Government

On August 24, 2011, Jobs resigned his position as CEO of Apple He was replaced by Cook and Jobs became Apple's chairman Prior to this, Apple did not have a chairman and instead had two co-lead directors, Andrea Jung and Arthur D Levinson, who continued with those titles until Levinson became Chairman of the Board in November

2011–present: Post-Steve Jobs era; Tim Cook leadership

On October 5, 2011, Apple announced that Steve Jobs had died, marking the end of an era for Apple The first major product announcement by Apple following Jobs's passing occurred on January 19, 2012, when Apple's Phil Schiller introduced iBooks Textbooks for iOS and iBook Author for Mac OS X in New York City Jobs had stated in his biography that he wanted to reinvent the textbook industry and education

From 2011 to 2012, Apple released the iPhone 4S and iPhone 5, which featured improved cameras, an "intelligent software assistant" named Siri, and cloud-sourced data with iCloud; the third and fourth generation iPads, which featured Retina displays; and the iPad Mini, which featured a 79-inch screen in contrast to the iPad's 97-inch screen These launches were successful, with the iPhone 5 released September 21, 2012 becoming Apple's biggest iPhone launch with over 2 million pre-orders and sales of 3 million iPads in three days following the launch of the iPad Mini and fourth generation iPad released November 3, 2012 Apple also released a third-generation 13-inch MacBook Pro with a Retina display and new iMac and Mac Mini computers

On October 29, 2011, Apple purchased C3 Technologies, a mapping company, for $240 million, making it the third mapping company that Apple has purchased On January 10, 2012, Apple paid $500 million to acquire Anobit, an Israeli hardware company that developed and supplied a proprietary memory signal processing technology that improved the performance of the flash-memory used in iPhones and iPads On July 24, 2012, during a conference call with investors, Tim Cook said that he loved India, but that Apple was going to expect larger opportunities outside of India Cook cited the 30% sourcing requirement from India as the reason

On August 20, 2012, Apple's rising stock rose the company's value to a world-record $624 billion This beat the non-inflation-adjusted record for market capitalization set by Microsoft in 1999 On August 24, 2012, a US jury ruled that Samsung should pay Apple $105 billion £665m in damages in an intellectual property lawsuit Samsung appealed the damages award, which the Court reduced by $450 million The Court further granted Samsung's request for a new trial On November 10, 2012, Apple confirmed a global settlement that would dismiss all lawsuits between Apple and HTC up to that date, in favor of a ten-year license agreement for current and future patents between the two companies It is predicted that Apple will make $280 million a year from this deal with HTC

See also: List of mergers and acquisitions by Apple

A previously confidential email written by Jobs a year before his death, was presented during the proceedings of the Apple Inc v Samsung Electronics Co lawsuits and became publicly available in early April 2014 With a subject line that reads "Top 100 – A," the email was sent only to the company's 100 most senior employees and outlines Jobs's vision of Apple Inc's future under 10 subheadings Notably, Jobs declares a "Holy War with Google" for 2011 and schedules a "new campus" for 2015

In March 2013, Apple filed a patent for an augmented reality AR system that can identify objects in a live video stream and present information corresponding to these objects through a computer-generated information layer overlaid on top of the real-world image Later in 2013, Apple acquired Embark Inc, a small Silicon Valley-based mapping company that builds free transit apps to help smartphone users navigate public transportation in US cities, and PrimeSense, an Israeli 3D sensing company based in Tel Aviv In December 2013, Apple Inc purchased social analytics firm Topsy Topsy is one of a small number of firms with real-time access to the messages that appear on Twitter and can "do real-time analysis of the trends and discussions happening on Twitter" The company also made several high-profile hiring decisions in 2013 On July 2, 2013, Apple recruited Paul Deneve, Belgian President and CEO of Yves Saint Laurent as a vice president reporting directly to Tim Cook A mid-October 2013 announcement revealed that Burberry executive Angela Ahrendts will commence as a senior vice president at Apple in mid-2014 Ahrendts oversaw Burberry's digital strategy for almost eight years and, during her tenure, sales increased to about US$32 billion and shares gained more than threefold

At the Worldwide Developer's Conference on June 10, 2013, Apple announced the seventh iOS operating system alongside OS X Mavericks, the tenth version of OS X, and a new Internet radio service called iTunes Radio iTunes Radio, iOS 7 and OS X Mavericks were released fall 2013 On December 6, 2013, Apple Inc launched iBeacon across its 254 US retail stores Using Bluetooth wireless technology, iBeacon senses the user's exact location within the Apple store and sends the user messages about products, events and other information, tailored to the user's location

Alongside Google vice-president Vint Cerf and AT&T CEO Randall Stephenson, Cook attended a closed-door summit held by President Obama on August 8, 2013, in regard to government surveillance and the Internet in the wake of the Edward Snowden NSA incident On February 4, 2014, Cook met with Abdullah Gül, the President of Turkey, in Ankara to discuss the company's involvement in the Fatih project Cook also confirmed that Turkey's first Apple Retail Store would be opened in Istanbul in April 2014

An anonymous Apple employee revealed to the Bloomberg media publication that the opening of a Tokyo, Japan, store was planned for 2014 A Japanese analyst has stated, "For Apple, the Japanese market is appealing in terms of quantity and price There is room to expand tablet sales and a possibility the Japanese market expands if Apple’s mobile carrier partners increase" As of June 13, 2014, Apple operated three stores in Tokyo On October 1, 2013, Apple India executives unveiled a plan to expand further into the Indian market, following Cook's acknowledgment of the country in July 2013 when sales results showed that iPhone sales in India grew 400% during the second quarter of 2013

Apple Inc reported that the company sold 51 million iPhones in the Q1 of 2014 an all-time quarterly record, compared to 478 million in the year-ago quarter Apple also sold 26 million iPads during the quarter, also an all-time quarterly record, compared to 229 million in the year-ago quarter The Company sold 48 million Macs, compared to 41 million in the year-ago quarter On May 28, 2014, Apple confirmed its intent to acquire Dr Dre and Jimmy Iovine's audio company Beats Electronics—producer of the Beats by Dr Dre line of headphones and speaker products, and operator of the music streaming service Beats Music—for $3 billion, and to sell their products through Apple's retail outlets and resellers Iovine felt that Beats had always "belonged" with Apple, as the company modeled itself after Apple's "unmatched ability to marry culture and technology" In August 2014, an Apple representative confirmed to the media that Anand Lal Shimpi, editor and publisher of the AnandTech website, had been recruited by Apple without elaborating on Lal Shimpi's role

Apple has been at the top of Interbrand's annual Best Global Brands report for 4 years in a row; 2013, 2014, 2015, and 2016, with a valuation of $1781 billion

In December 2015, Apple bought a 70,000 square foot wafer fab building in San Jose, CA from Maxim Integrated for $182 million

In 2016, it was revealed that Apple would be making its first original scripted series, a six-episode drama about the life of Dr Dre Music Video director Paul Hunter will direct the series

On May 12, 2016, Apple Inc, invested $1 billion USD in Didi Chuxing, a Chinese competitor to Uber The Information reported in October 2016 that Apple had taken a board seat in Didi Chuxing, a move that James Vincent of The Verge speculated could be a strategic company decision by Apple to get closer to the automobile industry, particularly Didi Chuxing's reported interest in self-driving cars

On June 6, 2016, Forbes released their list of companies ranked on revenue generation In the trailing fiscal year, Apple appeared on the list as the top tech company It ranked third, overall, with $233 billion in revenue This represents a movement upward of two spots from the previous year's list

On September 22, 2016, Apple Inc acquired Tuplejump, an India/US-based machine learning company


See also: Timeline of Apple Inc products and List of products discontinued by Apple Inc


Main article: Macintosh See also: Timeline of Macintosh models, List of Macintosh models grouped by CPU type, and List of Macintosh models by case type

Macs that are currently being sold are:

  • MacBook: Consumer ultra-thin, ultra-portable notebook, introduced in 2006 and relaunched in 2015
  • MacBook Air: Consumer ultra-thin, ultra-portable notebook, introduced in 2008
  • MacBook Pro: Professional notebook, introduced in 2006
  • Mac Mini: Consumer sub-desktop computer, introduced in 2005
  • iMac: Consumer all-in one desktop computer, introduced in 1998
  • Mac Pro: Workstation desktop computer, introduced in 2006

Apple sells a variety of computer accessories for Macs, including Thunderbolt Display, Magic Mouse, Magic Trackpad, Magic Keyboard, the AirPort wireless networking products, and Time Capsule


Main article: iPod iPod line as of 2014 From left to right: iPod Shuffle, iPod Nano, iPod Touch

On October 23, 2001, Apple introduced the iPod digital music player Several updated models have since been introduced, and the iPod brand is now the market leader in portable music players by a significant margin More than 350 million units have shipped as of September 2012 Apple has partnered with Nike to offer the Nike+iPod Sports Kit, enabling runners to synchronize and monitor their runs with iTunes and the Nike+ website

Apple currently sells three variants of the iPod:

  • iPod Shuffle: Ultra-portable digital audio player, currently available in a 2 GB model, introduced in 2005
  • iPod Nano: Portable media player, currently available in a 16 GB model, introduced in 2005 Earlier models featured the traditional iPod click wheel, but the current generation features a multi-touch interface and includes an FM radio and a pedometer
  • iPod Touch: Portable media player that runs iOS and is currently available in 16, 32, 64, and 128 GB models, introduced in 2007 The current generation features the Apple A8 processor, a Retina display, Siri and dual cameras on the front 12 megapixel sensor and back 8 megapixel iSight The latter camera supports HD video recording at 1080p and slow motion video at 120fps in 720p


Main article: iPhone The first-generation iPhone, 3G, 4, 5, 5C and 5S to scale

At the Macworld Conference & Expo in January 2007, Steve Jobs introduced the long-anticipated iPhone, a convergence of an Internet-enabled smartphone and iPod The first-generation iPhone was released on June 29, 2007 for $499 4 GB and $599 8 GB with an AT&T contract On February 5, 2008, it was updated to have 16 GB of memory, in addition to the 8 GB and 4 GB models It combined a 25G quad band GSM and EDGE cellular phone with features found in handheld devices, running scaled-down versions of Apple's Mac OS X dubbed iPhone OS, later renamed iOS, with various Mac OS X applications such as Safari and Mail It also includes web-based and Dashboard apps such as Google Maps and Weather The iPhone features a 35-inch 89 mm touchscreen display, Bluetooth, and Wi-Fi both "b" and "g"

A second version, the iPhone 3G, was released on July 11, 2008 with a reduced price of $199 for the 8 GB version and $299 for the 16 GB version This version added support for 3G networking and assisted-GPS navigation The flat silver back and large antenna square of the original model were eliminated in favor of a glossy, curved black or white back Software capabilities were improved with the release of the App Store, which provided iPhone-compatible applications to download On April 24, 2009, the App Store surpassed one billion downloads On June 8, 2009, Apple announced the iPhone 3GS It provided an incremental update to the device, including faster internal components, support for faster 3G speeds, video recording capability, and voice control

At the Worldwide Developers Conference WWDC on June 7, 2010, Apple announced the redesigned iPhone 4 It featured a 960x640 display, the Apple A4 processor, a gyroscope for enhanced gaming, a 5MP camera with LED flash, front-facing VGA camera and FaceTime video calling Shortly after its release, reception issues were discovered by consumers, due to the stainless steel band around the edge of the device, which also serves as the phone's cellular signal and Wi-Fi antenna The issue was corrected by a "Bumper Case" distributed by Apple for free to all owners for a few months In June 2011, Apple overtook Nokia to become the world's biggest smartphone maker by volume On October 4, 2011, Apple unveiled the iPhone 4S, which was first released on October 14, 2011 It features the Apple A5 processor and Siri voice assistant technology, the latter of which Apple had acquired in 2010 It also features an updated 8MP camera with new optics Apple began a new accessibility feature, Made for iPhone Hearing Aids with the iPhone 4S Made for iPhone Hearing Aids feature Live Listen, it can help you hear a conversation in a noisy room or hear someone speaking across the room Apple sold 4 million iPhone 4S phones in the first three days of availability

On September 12, 2012, Apple introduced the iPhone 5 It has a 4-inch display, 4G LTE connectivity, and the upgraded Apple A6 chip, among several other improvements Two million iPhones were sold in the first twenty-four hours of pre-ordering and over five million handsets were sold in the first three days of its launch Upon the launch of the iPhone 5S and iPhone 5C, Apple set a new record for first-weekend smartphone sales by selling over nine million devices in the first three days of its launch The release of the iPhone 5S and 5C was the first time that Apple simultaneously launched two models

A patent filed in July 2013 revealed the development of a new iPhone battery system that uses location data in combination with data on the user's habits to moderate the handsets power settings accordingly Apple is working towards a power management system that will provide features such as the ability of the iPhone to estimate the length of time a user will be away from a power source to modify energy usage and a detection function that adjusts the charging rate to best suit the type of power source that is being used

In a March 2014 interview, Apple designer Jonathan Ive used the iPhone as an example of Apple's ethos of creating high-quality, life-changing products He explained that the phones are comparatively expensive due to the intensive effort that is used to make them:

We don’t take so long and make the way we make for fiscal reasons Quite the reverse The body is made from a single piece of machined aluminium The whole thing is polished first to a mirror finish and then is very finely textured, except for the Apple logo The chamfers are cut with diamond-tipped cutters The cutters don’t usually last very long, so we had to figure out a way of mass-manufacturing long-lasting ones The camera cover is sapphire crystal Look at the details around the sim-card slot It’s extraordinary!

On September 9, 2014, Apple introduced the iPhone 6, alongside the iPhone 6 Plus that both have screen sizes over 4-inches One year later, Apple introduced the iPhone 6S, and iPhone 6S Plus, which introduced a new technology called 3D Touch, including an increase of the rear camera to 12 MP, and the FaceTime camera to 5 MP On March 21, 2016, Apple introduced the iPhone SE that has a 4-inch size last used with the 5S and has the same internal hardware as the 6S

IPhone 7 and iPhone 7 Plus were introduced on September 7, 2016

On September 7, 2016, Apple introduced the iPhone 7 and the iPhone 7 Plus, which feature improved system and graphics performance, add water resistance, a new rear dual-camera system on the 7 Plus model, and, controversially, remove the 35 mm headphone jack


Main article: iPad iPad Air 2 in Gold

On January 27, 2010, Apple introduced their much-anticipated media tablet, the iPad, which runs a modified version of iOS It offers multi-touch interaction with multimedia formats including newspapers, e-books, photos, videos, music, word processing documents, video games, and most existing iPhone apps using a 97-inch screen It also includes a mobile version of Safari for web browsing, as well as access to the App Store, iTunes Library, iBookstore, Contacts, and Notes Content is downloadable via Wi-Fi and optional 3G service or synced through the user's computer AT&T was initially the sole US provider of 3G wireless access for the iPad

On March 2, 2011, Apple introduced the iPad 2, which had a faster processor and a camera on the front and back It also added support for optional 3G service provided by Verizon in addition to AT&T The availability of the iPad 2 was initially limited as a result of a devastating earthquake and tsunami in Japan in March 2011

The third-generation iPad was released on March 7, 2012 and marketed as "the new iPad" It added LTE service from AT&T or Verizon, an upgraded A5X processor, and Retina display The dimensions and form factor remained relatively unchanged, with the new iPad being a fraction thicker and heavier than the previous version and featuring minor positioning changes

On October 23, 2012, Apple's fourth-generation iPad came out, marketed as the "iPad with Retina display" It added the upgraded A6X processor and replaced the traditional 30-pin dock connector with the all-digital Lightning connector The iPad Mini was also introduced It featured a reduced 79-inch display and much of the same internal specifications as the iPad 2

On October 22, 2013, Apple introduced the iPad Air and the iPad Mini with Retina Display, both featuring a new 64-bit Apple A7 processor

The iPad Air 2 was unveiled on October 16, 2014 It added better graphics and central processing and a camera burst mode as well as minor updates The iPad Mini 3 was unveiled at the same time

Since its launch, iPad users have downloaded over three billion apps The total number of App Store downloads, as of June 2015, is over 100 billion

On September 9, 2015, Apple announced the iPad Pro, an iPad with a 129-inch display that supports two new accessories, the Smart Keyboard and Apple Pencil A 97-inch iPad Pro was announced on March 21, 2016

Apple Watch

Main article: Apple Watch The Apple Watch quickly became the best-selling wearable device, with the shipment of 114 million smart watches in the first half of 2015, according to analyst firm Canalys

The Apple Watch smartwatch was launched by Cook on September 9, 2014, and released on April 24, 2015 The wearable device consists of fitness-tracking capabilities that are similar to Fitbit, and must be used in combination with an iPhone to work only the iPhone 5, or later models, are compatible with the Apple Watch

The second generation of Apple Watch, Apple Watch Series 2 and Apple Watch Series 1 were released in September 2016

Apple TV

Main article: Apple TV

At the 2007 Macworld conference, Jobs demonstrated the Apple TV previously known as the iTV, a set-top video device intended to bridge the sale of content from iTunes with high-definition televisions The device links up to a user's TV and syncs, either via Wi-Fi or a wired network, with one computer's iTunes library and streams content from an additional four The Apple TV originally incorporated a 40 GB hard drive for storage, included outputs for HDMI and component video, and played video at a maximum resolution of 720p On May 31, 2007, a 160 GB hard disk drive was released alongside the existing 40 GB model A software update released on January 15, 2008 allowed media to be purchased directly from the Apple TV

In September 2009, Apple discontinued the original 40 GB Apple TV and now continues to produce and sell the 160 GB Apple TV On September 1, 2010, Apple released a completely redesigned Apple TV The new device is 1/4 the size, runs quieter, and replaces the need for a hard drive with media streaming from any iTunes library on the network along with 8 GB of flash memory to cache media downloaded Like the iPad and the iPhone, Apple TV runs on an A4 processor The memory included in the device is half of that in the iPhone 4 at 256 MB; the same as the iPad, iPhone 3GS, third and fourth-generation iPod Touch

It has HDMI out as the only video out source Features include access to the iTunes Store to rent movies and TV shows purchasing has been discontinued, streaming from internet video sources, including YouTube and Netflix, and media streaming from an iTunes library Apple also reduced the price of the device to $99 A third generation of the device was introduced at an Apple event on March 7, 2012, with new features such as higher resolution 1080p and a new user interface

At the September 9, 2015 event, Apple unveiled an overhauled Apple TV, which now runs a variant of OS X, tvOS, and contains 32GB or 64 GB of NAND Flash to store games, programs, and to cache the current media playing The release also coincided with the opening of a separate Apple TV App Store and a new Siri Remote with a glass touchpad, gyroscope and microphone


See also: List of Macintosh software Apple Worldwide Developers Conference is held annually by Apple to showcase its new software and technologies for software developers

Apple develops its own operating system to run on Macs, macOS, the latest version being macOS Sierra version 1012 Apple also independently develops computer software titles for its macOS operating system Much of the software Apple develops is bundled with its computers An example of this is the consumer-oriented iLife software package that bundles iMovie, iPhoto and GarageBand For presentation, page layout and word processing, iWork is available, which includes Keynote, Pages, and Numbers iTunes, QuickTime media player, and Software Update are available as free downloads for both macOS and Windows

Apple also offers a range of professional software titles Their range of server software includes the operating system macOS Server; Apple Remote Desktop, a remote systems management application; and Xsan, a Storage Area Network file system For the professional creative market, there is Final Cut Pro, a video production suite; Logic Pro, a comprehensive music toolkit; and Motion, an advanced effects composition program

Apple also offers online services with iCloud, which provides cloud storage and syncing for a wide range of data, including email, contacts, calendars, photos and documents It also offers iOS device backup, and is able to integrate directly with third-party apps for even greater functionality iCloud is the fourth generation of online services provided by Apple, and was preceded by MobileMe, Mac and iTools, all which met varying degrees of success

Electric vehicles

Main article: Apple electric car project

According to the Sydney Morning Herald, Apple wants to start producing an electric car with autonomous driving as soon as 2020 Apple has made efforts to recruit battery development engineers and other electric automobile engineers from A123 Systems, LG Chem, Samsung Electronics, Panasonic, Toshiba, Johnson Controls and Tesla Motors

Apple Energy

Apple Energy, LLC is a wholly owned subsidiary of Apple Inc that sells solar energy As of June 6, 2016, Apple's solar farms in California and Nevada have been declared to provide 2179 megawatts of solar generation capacity In addition to the company's solar energy production, Apple has received regulatory approval to construct a landfill gas energy plant in North Carolina Apple will use the methane emissions to generate electricity Apple's North Carolina data center is already powered entirely with energy from renewable sources

Corporate identity


See also: Typography of Apple Inc "Apple logo" redirects here For the programming language, see Apple Logo First Apple logo April 1, 1976, Prototype First official Apple logo used from April 1977 to 1998 Current Apple logo since 1998

According to Steve Jobs, the company's name was inspired by his visit to an apple farm while on a fruitarian diet Jobs thought the name "Apple" was "fun, spirited and not intimidating"

Apple's first logo, designed by Ron Wayne, depicts Sir Isaac Newton sitting under an apple tree It was almost immediately replaced by Rob Janoff's "rainbow Apple", the now-familiar rainbow-colored silhouette of an apple with a bite taken out of it Janoff presented Jobs with several different monochromatic themes for the "bitten" logo, and Jobs immediately took a liking to it However, Jobs insisted that the logo be colorized to humanize the company The logo was designed with a bite so that it would not be confused with a cherry The colored stripes were conceived to make the logo more accessible, and to represent the fact the Apple II could generate graphics in color This logo is often erroneously referred to as a tribute to Alan Turing, with the bite mark a reference to his method of suicide Both Janoff and Apple deny any homage to Turing in the design of the logo

On August 27, 1999 the year following the introduction of the iMac G3, Apple officially dropped the rainbow scheme and began to use monochromatic logos nearly identical in shape to the previous rainbow incarnation An Aqua-themed version of the monochrome logo was used from 1999 to 2003, and a glass-themed version was used from 2007 to 2013

Steve Jobs and Steve Wozniak were Beatles fans, but Apple Inc had name and logo trademark issues with Apple Corps Ltd, a multimedia company started by the Beatles in 1967 This resulted in a series of lawsuits and tension between the two companies These issues ended with settling of their most recent lawsuit in 2007


Main article: Apple Inc advertising

Apple's first slogan, "Byte into an Apple", was coined in the late 1970s From 1997 to 2002, the slogan "Think Different" was used in advertising campaigns, and is still closely associated with Apple Apple also has slogans for specific product lines — for example, "iThink, therefore iMac" was used in 1998 to promote the iMac, and "Say hello to iPhone" has been used in iPhone advertisements "Hello" was also used to introduce the original Macintosh, Newton, iMac "hello again", and iPod

From the introduction of the Macintosh in 1984 with the 1984 Super Bowl commercial to the more modern 'Get a Mac' adverts, Apple has been recognized in for its efforts towards effective advertising and marketing for its products However, claims made by later campaigns were criticized, particularly the 2005 Power Mac ads Apple's product commercials gained a lot of attention as a result of their eye-popping graphics and catchy tunes Musicians who benefited from an improved profile as a result of their songs being included on Apple commercials include Canadian singer Feist with the song "1234" and Yael Naïm with the song "New Soul"

Brand loyalty

Apple aficionados wait in line around the Apple Store in anticipation of a new product

"The scenes I witnessed at the opening of the new Apple store in London's Covent Garden were more like an evangelical prayer meeting than a chance to buy a phone or a laptop"

—Alex Riley, writing for the BBC

Apple's high level of brand loyalty is considered unusual for any product Apple evangelists were actively engaged by the company at one time, but this was after the phenomenon had already been firmly established Apple evangelist Guy Kawasaki has called the brand fanaticism "something that was stumbled upon," while Ive explained in 2014 that "People have an incredibly personal relationship" with Apple's products Apple Store openings can draw crowds of thousands, with some waiting in line as much as a day before the opening or flying in from other countries for the event The opening of New York City's Fifth Avenue "Cube" store had a line half a mile long; a few Mac fans used the setting to propose marriage The line for the Ginza opening in Tokyo was estimated to include thousands of people and exceeded eight city blocks The high level of brand loyalty has been criticized and ridiculed, applying the epithet "Apple fanboy" and mocking the lengthy lines before a product launch An internal memo leaked in 2015 suggested the company planned to discourage long lines and direct customers to purchase its products on its website

Fortune magazine named Apple the most admired company in the United States in 2008, and in the world from 2008 to 2012 On September 30, 2013, Apple surpassed Coca-Cola to become the world's most valuable brand in the Omnicom Group's "Best Global Brands" report Boston Consulting Group has ranked Apple as the world's most innovative brand every year since 2005

John Sculley told The Guardian newspaper in 1997: "People talk about technology, but Apple was a marketing company It was the marketing company of the decade" Research in 2002 by NetRatings indicate that the average Apple consumer was usually more affluent and better educated than other PC company consumers The research indicated that this correlation could stem from the fact that on average Apple Inc products were more expensive than other PC products

In response to a query about the devotion of loyal Apple consumers, Jonathan Ive responded:

What people are responding to is much bigger than the object They are responding to something rare—a group of people who do more than simply make something work, they make the very best products they possibly can It’s a demonstration against thoughtlessness and carelessness

Home page

The Apple website home page has been used to commemorate, or pay tribute to, milestones and events outside of Apple's product offerings:

  • 2016: Muhammad Ali
  • 2016: Bill Campbell board member and friend
  • 2016: Martin Luther King, Jr
  • 2014: Robin Williams
  • 2013: Nelson Mandela
  • 2011: Steve Jobs
  • 2010: Jerome B York board member
  • 2007: Al Gore board member in honor of his Nobel Peace Prize
  • 2005: Rosa Parks
  • 2003: Gregory Hines
  • 2001: George Harrison


Main article: Apple Campus

Apple Inc's world corporate headquarters are located in the middle of Silicon Valley, at 1–6 Infinite Loop, Cupertino, California This Apple campus has six buildings that total 850,000 square feet 79,000 m2 and was built in 1993 by Sobrato Development Cos

Apple has a satellite campus in neighboring Sunnyvale, California, where it houses a testing and research laboratory AppleInsider published article in March 2014 claiming that Apple has a tucked away a top-secret facility where is developing the SG5 electric vehicle project codenamed "Titan" under the shell company name SixtyEight Research

In 2006, Apple announced its intention to build a second campus in Cupertino about 1 mile 16 km east of the current campus and next to Interstate 280 The new campus building will be designed by Norman Foster The Cupertino City Council approved the proposed "spaceship" design campus on October 15, 2013, after a 2011 presentation by Jobs detailing the architectural design of the new building and its environs The new campus is planned to house up to 13,000 employees in one central, four-storied, circular building surrounded by extensive landscape It will feature a café with room for 3,000 sitting people and parking underground as well as in a parking structure The 28 million square foot facility will also include Jobs's original designs for a fitness center and a corporate auditorium

Apple's headquarters for Europe, the Middle East and Africa EMEA are located in Cork in the south of Ireland The facility, which opened in 1980, was Apple's first location outside of the United States Apple Sales International, which deals with all of Apple's international sales outside of the USA, is located at Apple's campus in Cork along with Apple Distribution International, which similarly deals with Apple's international distribution network On April 20, 2012, Apple added 500 new jobs at its European headquarters, increasing the total workforce from around 2,800 to 3,300 employees The company will build a new office block on its Hollyhill Campus to accommodate the additional staff Its United Kingdom headquarters is at Stockley Park on the outskirts of London

In February 2015, Apple opened their new 180,000-square-foot headquarters in Herzliya, Israel, which will accommodate approximately 800 employees This opening was Apple's third office located within Israel; the first, also in Herzliya, was obtained as part of the Anobit acquisition, and the other is a research center in Haifa


Apple has 478 retail stores as of March 2016 in seventeen countries and an online store available in 39 countries Each store is designed to suit the needs of the location and regulatory authorities Apple has received numerous architectural awards for its store designs, particularly its midtown Manhattan location on Fifth Avenue

The Apple Store in Regent Street, London, was the first to open in Europe in November 2004, and is the most profitable shop in London with the highest sales per square foot, taking £60,000,000 pa, or £2,000 per square foot The Regent Street store was surpassed in size by the nearby Apple Store in Covent Garden, which was surpassed in size by the Grand Central Terminal Apple Store, New York City, in December 2011

Of the 43,000 Apple employees in the United States 30,000 work at Apple Stores Apple Store employees make above average pay for retail employees and are offered money toward college as well as gym memberships, 401k plans, healthcare plans, product discounts, and reduced price on purchase of stock

A May 2016 Business Insider article featuring a lengthy interview with a UK Apple Store retail worker highlighted significant dissatisfactions and issues for retail workers, including harassment and death threats from customers, an intense internal criticism policy that feels "like a cult", a lack of any significant bonus if a worker manages to secure a business contract worth "hundreds of thousands", a lack of promotion opportunities, and, despite a "generous" discount on any Apple product or Apple stock, are paid so little that many workers are unable to buy products themselves

Corporate affairs

See also: List of mergers and acquisitions by Apple, Braeburn Capital, and FileMaker Inc

Corporate culture

Apple was one of several highly successful companies founded in the 1970s that bucked the traditional notions of corporate culture Jobs often walked around the office barefoot even after Apple became a Fortune 500 company By the time of the "1984" television commercial, Apple's informal culture had become a key trait that differentiated it from its competitors According to a 2011 report in Fortune, this has resulted in a corporate culture more akin to a startup rather than a multinational corporation

As the company has grown and been led by a series of differently opinionated chief executives, it has arguably lost some of its original character Nonetheless, it has maintained a reputation for fostering individuality and excellence that reliably attracts talented workers, particularly after Jobs returned to the company Numerous Apple employees have stated that projects without Jobs's involvement often take longer than projects with it To recognize the best of its employees, Apple created the Apple Fellows program which awards individuals who make extraordinary technical or leadership contributions to personal computing while at the company The Apple Fellowship has so far been awarded to individuals including Bill Atkinson, Steve Capps, Rod Holt, Alan Kay, Guy Kawasaki, Al Alcorn, Don Norman, Rich Page, and Steve Wozniak

At Apple, employees are specialists who are not exposed to functions outside their area of expertise Jobs saw this as a means of having "best-in-class" employees in every role For instance, Ron Johnson—Senior Vice President of Retail Operations until November 1, 2011—was responsible for site selection, in-store service, and store layout, yet had no control of the inventory in his stores this was done by Cook, who had a background in supply-chain management Apple is also known for strictly enforcing accountability Each project has a "directly responsible individual," or "DRI" in Apple jargon As an example, when iOS senior vice president Scott Forstall refused to sign Apple's official apology for numerous errors in the redesigned Maps app, he was forced to resign Unlike other major US companies Apple provides a relatively simple compensation policy for executives that does not include perks enjoyed by other CEOs like country club fees or private use of company aircraft The company typically grants stock options to executives every other year

An editorial article in The Verge in September 2016 by technology journalist Thomas Ricker explored some of the public's perceived lack of innovation at Apple in recent years, specifically stating that Samsung has "matched and even surpassed Apple in terms of smartphone industrial design" and citing the belief that Apple is incapable of producing another breakthrough moment in technology with its products He goes on to write that the criticism focuses on individual pieces of hardware rather than the ecosystem as a whole, stating "Yes, iteration is boring But it’s also how Apple does business It enters a new market and then refines and refines and continues refining until it yields a success" He acknowledges that people are wishing for the "excitement of revolution", but argues that people want "the comfort that comes with harmony" Furthermore, he writes that "a device is only the starting point of an experience that will ultimately be ruled by the ecosystem in which it was spawned", referring to how decent hardware products can still fail without a proper ecosystem specifically mentioning that Walkman didn't have an ecosystem to keep users from leaving once something better came along, but how Apple devices in different hardware segments are able to communicate and cooperate through the iCloud cloud service with features including Universal Clipboard in which text copied on one device can be pasted on a different device as well as inter-connected device functionality including Auto Unlock in which an Apple Watch can unlock a Mac in close proximity He argues that Apple's ecosystem is its greatest innovation

Customer service

In 1999 Apple retained Eight Inc as a strategic retail design partner and began creating the Apple retail stores Tim Kobe of Eight Inc prepared an "Apple Retail" white paper for Jobs, outlining the ability of separate Apple retail stores to directly drive the Apple brand experience—Kobe used their recently completed work with The North Face and Nike as a basis for the white paper The first two Apple Stores opened on May 19, 2001 in Tysons Corner, Virginia, and Glendale, California More than 7,700 people visited Apple’s first two stores in the opening weekend, spending a total of US$599,000 As of June 2014, Apple maintains 425 retail stores in fourteen countries In addition to Apple products, the stores sell third-party products like software titles, digital cameras, camcorders and handheld organizers

A media article published in July 2013 provided details about Apple's "At-Home Apple Advisors" customer support program that serves as the corporation's call center The advisors are employed within the US and work remotely after undergoing a four-week training program and testing period The advisors earn between US$9 and $12 per hour and receive intensive management to ensure a high quality of customer support


The company's manufacturing, procurement and logistics enable it to execute massive product launches without having to maintain large, profit-sapping inventories In 2011, Apple's profit margins were 40 percent, compared with between 10 and 20 percent for most other hardware companies Cook's catchphrase to describe his focus on the company's operational arm is: “Nobody wants to buy sour milk”

During the Mac's early history Apple generally refused to adopt prevailing industry standards for hardware, instead creating their own This trend was largely reversed in the late 1990s, beginning with Apple's adoption of the PCI bus in the 7500/8500/9500 Power Macs Apple has since joined the industry standards groups to influence the future direction of technology standards such as USB, AGP, HyperTransport, Wi-Fi, NVMe, PCIe and others in its products FireWire is an Apple-originated standard that was widely adopted across the industry after it was standardized as IEEE 1394 and is a legally mandated port in all Cable TV boxes in the United States

Labor practices

Further information: Criticism of Apple Inc § Labor practices

The company advertised its products as being made in America until the late 1990s; however, as a result of outsourcing initiatives in the 2000s, almost all of its manufacturing is now handled abroad According to a report by the New York Times, Apple insiders "believe the vast scale of overseas factories as well as the flexibility, diligence and industrial skills of foreign workers have so outpaced their American counterparts that “Made in the USA” is no longer a viable option for most Apple products"

In 2006, the Mail on Sunday reported on the working conditions of the Chinese factories where contract manufacturers Foxconn and Inventec produced the iPod The article stated that one complex of factories that assembled the iPod and other items had over 200,000 workers living and working within it Employees regularly worked more than 60 hours per week and made around $100 per month A little over half of the workers' earnings was required to pay for rent and food from the company

Apple immediately launched an investigation after the 2006 media report, and worked with their manufacturers to ensure acceptable working conditions In 2007, Apple started yearly audits of all its suppliers regarding worker's rights, slowly raising standards and pruning suppliers that did not comply Yearly progress reports have been published since 2008 In 2011, Apple admitted that its suppliers' child labor practices in China had worsened

The Foxconn suicides occurred between January and November 2010, when 18 Foxconn Chinese: 富士康 employees attempted suicide, resulting in 14 deaths—the company was the world’s largest contract electronics manufacturer, for clients including Apple, at the time The suicides drew media attention, and employment practices at Foxconn were investigated by Apple Apple issued a public statement about the suicides, and company spokesperson Steven Dowling said:

saddened and upset by the recent suicides at Foxconn A team from Apple is independently evaluating the steps they are taking to address these tragic events and we will continue our ongoing inspections of the facilities where our products are made

The statement was released after the results from the company's probe into its suppliers' labor practices were published in early 2010 Foxconn was not specifically named in the report, but Apple identified a series of serious labor violations of labor laws, including Apple's own rules, and some child labor existed in a number of factories Apple committed to the implementation of changes following the suicides

Also in 2010, workers in China planned to sue iPhone contractors over poisoning by a cleaner used to clean LCD screens One worker claimed that he and his coworkers had not been informed of possible occupational illnesses After a high suicide rate in a Foxconn facility in China making iPads and iPhones, albeit a lower rate than that of China as a whole, workers were forced to sign a legally binding document guaranteeing that they would not kill themselves Workers in factories producing Apple products have also been exposed to n-hexane, a neurotoxin that is a cheaper alternative than alcohol for cleaning the products

A 2014 BBC investigation found excessive hours and other problems persisted, despite Apple's promise to reform factory practice after the 2010 Foxconn suicides The Pegatron factory was once again the subject of review, as reporters gained access to the working conditions inside through recruitment as employees While the BBC maintained that the experiences of its reporters showed that labor violations were continuing since 2010, Apple publicly disagreed with the BBC and stated: “We are aware of no other company doing as much as Apple to ensure fair and safe working conditions"

In December 2014, the Institute for Global Labour and Human Rights published a report which documented inhumane conditions for the 15,000 workers at a Zhen Ding Technology factory in Shenzhen, China, which serves as a major supplier of circuit boards for Apple's iPhone and iPad According to the report, workers are pressured into 65-hour work weeks which leaves them so exhausted that they often sleep during lunch breaks They are also made to reside in "primitive, dark and filthy dorms" where they sleep "on plywood, with six to ten workers in each crowded room" Omnipresent security personnel also routinely harass and beat the workers

Environmental practices and initiatives

Energy and resources

Following a Greenpeace protest, Apple released a statement on April 17, 2012, committing to ending its use of coal and shifting to 100% renewable clean energy By 2013 Apple was using 100% renewable energy to power their data centers Overall, 75% of the company's power came from clean renewable sources

In 2010, Climate Counts, a nonprofit organization dedicated to directing consumers toward the greenest companies, gave Apple a score of 52 points out of a possible 100, which puts Apple in their top category "Striding" This was an increase from May 2008, when Climate Counts only gave Apple 11 points out of 100, which placed the company last among electronics companies, at which time Climate Counts also labeled Apple with a "stuck icon", adding that Apple at the time was "a choice to avoid for the climate conscious consumer"

As of 2016, 100% of Apple's US operations run on renewable energy, 100% of Apple's data centers run on renewable energy and 93% of Apple's global operations run on renewable energy The Electronic Product Environmental Assessment Tool EPEAT allows consumers to see the effect a product has on the environment Each product receives a Gold, Silver, or Bronze rank depending on its efficiency and sustainability Every Apple tablet, notebook, desktop computer, and display that EPEAT ranks achieves a Gold rating, the highest possible Although Apple's data centers recycle water 35 times, the increased activity in retail, corporate and data centers also increase the amount of water use to 573 million gallons in 2015

In May 2015, Greenpeace evaluated the state of the Green Internet and commended Apple on their environmental practices saying, "Apple’s commitment to renewable energy has helped set a new bar for the industry, illustrating in very concrete terms that a 100% renewable Internet is within its reach, and providing several models of intervention for other companies that want to build a sustainable Internet"

During an event on March 21, 2016, Apple provided a status update on its environmental initiative to be 100% renewable in all of its worldwide operations Lisa P Jackson, Apple's vice president of Environment, Policy and Social Initiatives who reports directly to CEO, Tim Cook, announced that as of March 2016, 93% of Apple's worldwide operations are powered with renewable energy Also featured was the company's efforts to use sustainable paper in their product packaging; 99% of all paper used by Apple in the product packaging comes from post-consumer recycled paper or sustainably-managed forests, as the company continues its move to all paper packaging for all of its products Apple working in partnership with Conservation Fund, have preserved 36,000 acres of working forests in Maine and North Carolina Another partnership announced is with the World Wildlife Fund to preserve up to 1,000,000 acres of forests in China Featured was the company's installation of a 40 MW solar power plant in the Sichuan province of China that was tailor made to coexist with the indigenous yaks that eat hay produced on the land, by raising the panels to be several feet off of the ground so the yaks and their feed would be unharmed grazing beneath the array This installation alone compensates for more than all of the energy used in Apple's Stores and Offices in the whole of China, negating the company's energy carbon footprint in the country In Singapore, Apple has worked with the Singaporean government to cover the rooftops of 800 buildings in the city-state with solar panels allowing Apple's Singapore operations to be run on 100% renewable energy Liam was introduced to the world, an advanced robotic disassembler and sorter designed by Apple Engineers in California specifically for recycling outdated or broken iPhones Reuses and recycles parts from traded in products

Apple announced on August 16, 2016, that Lens Technology, one of its major suppliers in China, has committed to power all its glass production for Apple with 100 percent renewable energy by 2018 The commitment is a large step in Apple's efforts to help manufacturers lower their carbon footprint in China Apple also announced that all 14 of its final assembly sites in China are now compliant with UL's Zero Waste to Landfill validation The standard, which started in January 2015, certifies that all manufacturing waste is reused, recycled, composted, or converted into energy when necessary Since the program began, nearly, 140,000 metric tons of waste have been diverted from landfills


Following further campaigns by Greenpeace, in 2008, Apple became the first electronics manufacturer to fully eliminate all polyvinyl chloride PVC and brominated flame retardants BFRs in its complete product line In June 2007, Apple began replacing the cold cathode fluorescent lamp CCFL backlit LCD displays in its computers with mercury-free LED-backlit LCD displays and arsenic-free glass, starting with the upgraded MacBook Pro Apple offers comprehensive and transparent information about the CO2e, emissions, materials, and electrical usage concerning every product they currently produce or have sold in the past and which they have enough data needed to produce the report, in their portfolio on their homepage Allowing consumers to make informed purchasing decisions on the products they offer for sale In June 2009, Apple's iPhone 3GS was free of PVC, arsenic, and BFRs All Apple products now have mercury-free LED-backlit LCD displays, arsenic-free glass, and non-PVC cables All Apple products have EPEAT Gold status and beat the latest Energy Star guidelines in each product's respective regulatory category

In November 2011, Apple was featured in Greenpeace's Guide to Greener Electronics, which ranks electronics manufacturers on sustainability, climate and energy policy, and how "green" their products are The company ranked fourth of fifteen electronics companies moving up five places from the previous year with a score of 46/10 down from 49 Greenpeace praises Apple's sustainability, noting that the company exceeded its 70% global recycling goal in 2010 It continues to score well on the products rating with all Apple products now being free of PVC plastic and BFRs However, the guide criticizes Apple on the Energy criteria for not seeking external verification of its greenhouse gas emissions data and for not setting out any targets to reduce emissions In January 2012, Apple requested that its cable maker, Volex, begin producing halogen-free USB and power cables

Green bonds

In February 2016, Apple issued a US$15 billion green bond climate bond, the first ever of its kind by a US tech company The green bond proceeds are dedicated to the financing of environmental projects


Apple is the world's largest information technology company by revenue and the world's second-largest mobile phone manufacturer It is also the largest publicly traded corporation in the world by market capitalization, with an estimated market capitalization of $446 billion by January 2014 On February 17, 2015, Apple became the first US corporation to be valued at over $750B As of March 2016, Apple maintains 475 retail stores in seventeen countries, of which 207 are outside the US, as well as the online Apple Store and iTunes Store, the latter of which is the world's largest music retailer It employs 115,000 permanent full-time employees as of July 2015 and 3,300 temporary full-time employees as of September 2012 worldwide

In its fiscal year ending in September 2011, Apple Inc reported a total of $108 billion in annual revenues—a significant increase from its 2010 revenues of $65 billion—and nearly $82 billion in cash reserves On March 19, 2012, Apple announced plans for a $265-per-share dividend beginning in fourth quarter of 2012, per approval by their board of directors On September 2012, Apple reached a record share price of more than $705 and closed at above 700 With 936,596,000 outstanding shares as of June 30, 2012,

The company's worldwide annual revenue in 2013 totaled $170 billion In May 2013, Apple entered the top ten of the Fortune 500 list of companies for the first time, rising 11 places above its 2012 ranking to take the sixth position As of 2016, Apple has around US$234 billion of cash and marketable securities, of which 90% is located outside the United States for tax purposes

Apple amassed 65% of all profits made by the eight largest worldwide smartphone manufacturers in quarter one of 2014, according to a report by Canaccord Genuity In the first quarter of 2015, the company garnered 92% of all earnings made by the eight largest global smartphone makers

Tax practices

Further information: Criticism of Apple Inc § Tax practices

Apple has created subsidiaries in low-tax places such as Ireland, the Netherlands, Luxembourg and the British Virgin Islands to cut the taxes it pays around the world According to The New York Times, in the 1980s Apple was among the first tech companies to designate overseas salespeople in high-tax countries in a manner that allowed the company to sell on behalf of low-tax subsidiaries on other continents, sidestepping income taxes In the late 1980s Apple was a pioneer of an accounting technique known as the "Double Irish with a Dutch sandwich," which reduces taxes by routing profits through Irish subsidiaries and the Netherlands and then to the Caribbean

British Conservative Party Member of Parliament Charlie Elphicke published research on October 30, 2012, which showed that some multinational companies, including Apple Inc, were making billions of pounds of profit in the UK, but were paying an effective tax rate to the UK Treasury of only 3 percent, well below standard corporation tax He followed this research by calling on the Chancellor of the Exchequer George Osborne to force these multinationals, which also included Google and The Coca-Cola Company, to state the effective rate of tax they pay on their UK revenues Elphicke also said that government contracts should be withheld from multinationals who do not pay their fair share of UK tax

It is a matter of public record that Apple Inc is the single largest taxpayer to the Department of the Treasury of the United States of America with an effective tax rate of approximately of 26% as of the Second Quarter of the Apple Fiscal Year 2016

In 2015, Reuters reported that Apple had earnings abroad of $544 billion which were untaxed by the IRS of the United States Under US tax law governed by the IRC, corporations don't pay income tax on overseas profits unless the profits are repatriated into the United States and as such Apple argues that to benefit its shareholders it will leave it overseas until a repatriation holiday or comprehensive tax reform takes place in the United States

On August 30, 2016, after a three-year investigation by the EU's competition commissioner that concluded that Apple received "illegal state aid" from Ireland, the EU ordered Apple to pay 13 billion euros $145 billion, plus interest, in unpaid taxes Specifically, the commissioner found that Apple had benefitted from Irish Department of Revenue tax rulings that allowed it to split the profits recorded by Apple Sales International internally between its Irish branch and a stateless "head office" entity lacking employees or premises permitted under Irish law until 2013 The Chancellor of Austria, Christian Kern, put this decision into perspective by stating that "every Viennese cafe, every sausage stand pays more tax in Austria than a multinational corporation"


Main article: Apple Inc litigation

Apple has been a participant in various legal proceedings and claims since it began operation In particular, Apple is known for and promotes itself as actively and aggressively enforcing its intellectual property interests Some litigation examples include Apple v Samsung, Apple v Microsoft, Motorola Mobility v Apple Inc, and Apple Corps v Apple Computer Apple has also had to defend itself against charges on numerous occasions of violating intellectual property rights Most have been dismissed in the courts as shell companies known as patent trolls, with no evidence of actual use of patents in question

Privacy stance

Apple has made clear its stance on privacy and as such has made available Transparency Reports on the Governmental Requests it receives Apple states plainly, "On devices running iOS 8 and later versions, your personal data is placed under the protection of your passcode For all devices running iOS 8 and later versions, Apple will not perform iOS data extractions in response to government search warrants because the files to be extracted are protected by an encryption key that is tied to the user’s passcode, which Apple does not possess"

In its latest “Who Has Your Back” report, once again the Electronic Frontier Foundation EFF awarded Apple 5 out of 5 stars “commend Apple for its strong stance regarding user rights, transparency, and privacy”

Charitable causes

As of 2016, Apple is a partner of Product Red, a campaign whose mission is to prevent the transmission of HIV from mother to child by 2015 In June 2014, Apple's contributions to the campaign reached $75 million, making the company Product Red's largest partner

In November 2012, Apple donated $25 million to the American Red Cross to aid relief efforts after Hurricane Sandy

On April 14, 2016, Apple and the World Wide Fund for Nature WWF announced that they have engaged in a partnership to, "help protect life on our planet" Apple released a special page in the iTunes App Store, Apps for Earth In the arrangement, Apple has committed that through April 24, WWF will receive 100% of the proceeds from the applications participating in the App Store via both the purchases of any paid apps and the In-App Purchases Apple and WWF’s Apps for Earth campaign raised more than $8 million in total proceeds to support WWF’s conservation work WWF announced the results at WWDC 2016 in San Francisco

See also

  • Apple media events
  • Pixar


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  • Rob Price 1987 So Far: The First Ten Years of a Vision Apple Computer ISBN 978-1-55693-974-7 
  • Ken Polsson "Chronology of Events in the History of Microcomputers" Archived from the original on June 2, 2008 Retrieved August 18, 2008 
  • "Apple II history" Retrieved August 18, 2008 
  • "Apple III history" Retrieved August 5, 2006 
  • "Apple's 2012 Annual Report: More Employees, More Office Space, More Sales" 

Further reading

  • Gil Amelio, William L Simon 1999, On the Firing Line: My 500 Days at Apple ISBN 978-0-88730-919-9
  • Jim Carlton, Apple: The Inside Story of Intrigue, Egomania and Business Blunders ISBN 978-0-88730-965-6
  • Alan Deutschman 2000, The Second Coming of Steve Jobs, Broadway, ISBN 978-0-7679-0432-2
  • Andy Hertzfeld 2004, Revolution in the Valley, O'Reilly Books ISBN 978-0-596-00719-5
  • Paul Kunkel, AppleDesign: The Work of the Apple Industrial Design Group ISBN 978-1-888001-25-9
  • Adam Lashinsky 2013 Inside Apple: How America's Most Admired—and Secretive—Company Really Works ISBN 978-1455512164 
  • Steven Levy 1994, Insanely Great: The Life and Times of Macintosh, the Computer That Changed Everything ISBN 978-0-14-029177-3
  • Owen Linzmayer 2004, Apple Confidential 20, No Starch Press ISBN 978-1-59327-010-0
  • Michael S Malone 1999, Infinite Loop ISBN 978-0-385-48684-2
  • Frank Rose 1990, West of Eden: The End of Innocence at Apple Computer, Penguin Books ISBN 978-0-14-009372-8
  • John Sculley, John A Byrne 1987 Odyssey: Pepsi to Apple, HarperCollins, ISBN 978-0-06-015780-7
  • Steve Wozniak, Gina Smith 2006, iWoz: From Computer Geek to Cult Icon: How I Invented the Personal Computer, Co-Founded Apple, and Had Fun Doing It, W W Norton & Company, ISBN 978-0-393-06143-7
  • Jeffrey S Young 1988 Steve Jobs, The Journey is the Reward, Lynx Books, ISBN 978-1-55802-378-9
  • Jeffrey S Young, William L Simon 2005, iCon Steve Jobs: The Greatest Second Act in the History of Business, John Wiley & Sons, ISBN 978-0-471-72083-6

External links

  • Official website
    • Business data for Apple Inc: Google Finance
    • Yahoo! Finance
    • Hoover's
    • Bloomberg
    • Reuters
    • SEC filings
  • Apple Inc companies grouped at OpenCorporates
  • Geographic data related to Apple Inc headquarters at OpenStreetMap
  • Apple Inc portal
  • Companies portal
  • San Francisco Bay Area portal
  • United States portal

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