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Apple, Inc. (AAPL)
Apple, Inc. designs, manufactures, and markets a variety of personal computers, portable digital music players, and mobile communication devices. The company markets its products under the Macintosh and iPod brands; and the iPhone and App Store brands. It sells its products worldwide through its online stores, resellers, and its retail stores. The company was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976 and is headquartered in Cupertino, California.
History of Apple
Founded in 1976, Apple took the world by storm with the introduction of the Macintosh. Now the go-to company for laptop computers—and so much more—Apple excites customers with the introduction of new products and services.
Facts About Apple
Apple Computer (NASDAQ:AAPL), the number one computer maker in the world, has recorded continual growth within the past year; many experts hope Apple will pave the way for future growth in the computer industry. In addition, the company's software sales has helped to bolster the increase their annual revenue.
Revenue Sources for Apple, Inc.
- Apple Computer Inc., develops and markets personal computers, device servers and related software, personal digital assistants (PDAs), and professional computer graphics solutions for business, education, and consumers worldwide. The company also provides online services, including Web hosting and development tools for software applications. Apple hardware products include the Macintosh personal computer (desktop and portable), iPod digital music player, Apple TV digital media receiver, iPad, Apple Watch and other accessories.
- Apple has three main sources of revenues: Apple Retail, which includes sales from its chain of retail stores and online store; Apple-branded and third-party hardware products such as iPhone, iPad, iPod, Mac computer and iTunes media; and worldwide services sales including AppleCare support, licensing and other services.
- Apple generates a majority of its revenue from sales of Mac computers, iPhones and iPads. Last year, Apple's business was led by the iPhone. The company reported sales of $32.4 billion for its fiscal first quarter, derived largely from 50.35 million iPhone sales. Revenues were up 56% and profits grew 64%.
- The company also provides various third-party digital content and applications through its iTunes Store, App Store, iBooks Store and Mac App Store. The company sells its products worldwide through its online stores, as well as its retail stores, direct sales force, third-party wholesalers, retailers and value-added resellers. It has operations in Americas, Europe, Middle East, Africa and Asia Pacific.