Apple Inc: Historical Data

Apple Inc: Historical Data

Source : (TradingView)

1. Founding and Early Years:

  • April 1, 1976: Founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in Cupertino, California.

  • 1976: Apple I, a pre-assembled computer kit, launched.

  • 1977: Apple II introduced, becoming a cornerstone of the personal computer revolution.

2. Key Product Milestones:

  • 1984: Macintosh debuts with a iconic Super Bowl ad.

  • 1998: iMac G3 revitalizes Apple with a colorful, user-friendly design.

  • 2001: iPod revolutionizes digital music; iTunes Store launches in 2003.

  • 2007: iPhone launch redefines smartphones; iOS and App Store (2008) follow.

  • 2010: iPad pioneers the tablet market.

  • 2015: Apple Watch enters wearables; AirPods debut in 2016.

  • 2020: Transition to Apple Silicon (M1 chip) begins, replacing Intel processors.

3. Leadership Changes:

  • 1985: Steve Jobs resigns after internal conflicts, founding NeXT and Pixar.

  • 1997: Apple acquires NeXT, bringing Jobs back as interim CEO (later permanent).

  • 2011: Tim Cook becomes CEO after Jobs resigns (Jobs passes away October 5, 2011).

4. Financial Milestones:

  • Revenue Growth: From 5.7 billion (2001) to 383.3 billion (2023).
  • Market Cap:

    • $1 trillion (August 2018).

    • $2 trillion (August 2020).

    • $3 trillion (June 2023).

  • Stock Splits:

    • 7:1 split (June 2014).

    • 4:1 split (August 2020).

5. Strategic Moves and Acquisitions:

  • 1996: Acquires NeXT for $429 million, integrating its OS into macOS.

  • 2014: Purchases Beats Electronics for $3 billion, expanding into music streaming.

  • 2018: $100 billion stock buyback program announced.

6. Recent Developments (2020s):

  • Services Growth: Apple Music, TV+, Arcade, and Fitness+ contribute significantly to revenue.

  • Sustainability: Commits to carbon neutrality across supply chain by 2030.

  • Legal Challenges: Antitrust disputes (e.g., Epic Games lawsuit, EU Digital Markets Act compliance).

7. Cultural Impact:

  • Retail expansion with Apple Stores (first in 2001).

  • Design ethos emphasizing minimalism and ecosystem integration.

Key Financial Snapshot (2023):

  • Revenue: $383.3 billion.

  • Net Income: $97 billion.

  • R&D Investment: ~$30 billion annually.

Read Also: Tata Motors Ltd

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