Apple Inc. is a multinational technology company and the biggest public company in the world which deals with designing, developing, marketing and selling of consumer electronics, personal computers software’s and offering other online-based services.
The iPhone maker which makes the iOS and macOS, also the current owner of Safari web, iCloud, iTunes, and other services its almost making it to $1 trillion valuation mark. Now that you know in brief Apple net worth let’s look at where it all began and how Apple has built such a fortune. In addition in the list of world’s top most valuable brand, and America top public company both in value and in profit. Keep reading to know more about Apple’s net worth in 2020.
Apple is the creation of Ronald Wayne, Steve Wozniak and the late Steve Jobs. It was created in 1976 and incorporated as Apple Computer Inc in 1977. The company started off by selling Apple I and later Apple II before deciding to go public where they sold each share at $22 and in no time, they generated more capital than any other IPO.
The company had been managed by Steve Jobs as the CEO until he resigned from his position in 2011 and died after two months from cancer. Currently, the company CEO is Tim Cook.
Today the company has grown to a multinational company operating in all the continents and having its headquarters in Cupertino, California. Apple is the world’s largest IT company in the world by revenue and the 2nd largest mobile phone manufacturer. Globally it has around 498 retail stores and has sold more than 1 billion products in the world.
Some of the products Apple sells in the market today are Macs (iMac 1998, Mac Mini 2005, MacBook 2006/2015, MacBook Pro 2006, Mac Pro 2006 and MacBook Air 2008). On the category of iPods, they have now in stores iPod Touch.
On mobile phones, the company has been selling iPhone, and some of its latest brands are iPhone 4, 4s, 5, 5S, 6, 6 Plus, 6S,6S Plus, SE, 7, 7 Plus, and on September launched iPhone 8 and iPhone 8 Plus. Soon they are launching iPhone X.
On iPads, the company has iPad 2, third-generation iPad, fourth-generation iPad, iPad Air, iPad Mini, iPad Air 2, iPad Pro and iPad Mini 4. Apart from iPads the company has also Apple Watch series 2 and recently launched Apple Watch Series 3. On top of products, there is also Apple TV.
On Software’s Apple controls Apple Music, iTunes, iCloud, iWork, and iMovie
Awards & Achievements
Apple has become worlds No 1 largest IT company and second largest mobile phone manufacturer in the world from the small company it used to be. Today it’s a major financier of the Red Cross and the World-Wide Fund for Nature.
Net Worth of Apple
Apple net worth valuation stands at $900 billion. The revenue of company worldwide currently stands at $229 billion. Apple has made its money through the sale of its products which it states that they have over a billion products out there already in use. The net worth boosting factor here is the sale of its mobile phones which has already exceeded over a billion sales. Other revenues generating channels are its music and app store services.
Apple has grown from a small sized company to a multi-national company. We thank the pioneers for they have revolutionised technology today and we have optimism their electric car project will be a reality if at all iPhone 8 will have all the features as announced. Soon Apple net worth will be $1 trillion plus.