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Background on the on the Multinational Corporation of Apple, Inc.

Satisfactory Essays

1.0 Background of Apple Inc
Apple Inc. is an American multinational corporation. It’s a corporation that designs, manufacture and sells consumer electronics, computer software, personal computers, services, networking solution and commercial servers. Its best-known hardware products include the iPhone smartphone, the iPod media player, the Ipad tablet computer, and the Mac line of computers. Besides that, Apple company consumer software includes the iOS operating systems, the OSX, and the iTunes media browser. The company sells its products worldwide through its online store, direct sales force, retail stores, third-party wholesalers, and resellers. Apple Inc. was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976 in Cupertino, California. The Apple 1 personal computer kit which was Apple’s first product, was sold as an assembled circuit board and it lacked basic features such as keyboard, monitor, and case. After that, it was incorporated as Apple Computer, Inc. on January 3, 1977 without Wayne. The focus was shifted towards consumer electronics, when it was renamed as Apple Inc. on January 9, 2007.After Samsung Electronics, Apple is the world’s second-largest information technology company and it is also is the world’s third-largest mobile phone maker after Samsung and Nokia.
On May 2013, Apple Inc. maintains 408 retail stores in 14 countries as well as the online Apple Store and iTunes Store, the latter of which is the world’s largest music

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