ORGANIZATION
Apple Inc.
A computer and consumer-electronics company founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Across several decades it has repeatedly rewritten the structure of the electronics market: the Apple I and II in the popularisation of the personal computer; the Macintosh in the diffusion of the graphical interface; the iMac in repositioning the PC as a coloured household appliance; the iPod and iTunes in the restructuring of the music industry; and the iPhone in the creation of the smartphone market.
Organization
- Founded
- 1976
- Status
- Active
- Active for
- 50 years
- Appearances
- 25
- Name
- ENApple Inc.JAApple
Apple
Apple Inc. is an American electronics and software company founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Headquartered in Cupertino, California, it operates a vertically integrated business model spanning personal computers, smartphones, tablets, wearables, and services. In fiscal year 2025 (ending September) Apple reported revenue of about US$416 billion and net income of US$112 billion; its market capitalisation has hovered in the US$3-4 trillion range, making it one of the largest listed companies in the world.
History
In April 1976 Apple I was assembled in the Jobs family garage. The Apple II of 1977 combined colour graphics with a floppy drive and, in combination with VisiCalc (1979), opened the category of "a PC you can use for business". The Macintosh of 1984 implemented at consumer price points the graphical user interface that originated at Xerox PARC's Alto, and set the template for every subsequent desktop GUI, including Windows.
Jobs left after a boardroom defeat in 1985, and the Apple of the late 1980s and 1990s diluted itself through proliferating Performa SKUs, an unhappy PowerPC alliance with IBM and Motorola, and the failure of the Newton MessagePad. The 1997 acquisition of NeXT brought Jobs back as interim CEO; he cut unprofitable product lines and shipped the Bondi-blue iMac G3 in 1998, recasting the PC as a coloured household appliance. Mac OS X (2001) put the operating system on a Mach + BSD foundation; the iPod and the iTunes Store (2001-2003) reshaped the music industry; and the iPhone of 2007 effectively created the modern smartphone market. The iPad (2010), Apple Watch (2015), the migration to Apple Silicon from 2020, the Vision Pro headset (2024), and the Apple Intelligence platform rolled out from late 2024 have deepened Apple's hardware-OS-silicon-services vertical integration.
Products and Services
| Category | Representative products | Share of FY2025 revenue |
|---|---|---|
| iPhone | iPhone 17 series | ~52% |
| Services | App Store, iCloud, Apple Music, Apple TV+, Apple Pay | ~25% |
| Wearables, Home & Accessories | Apple Watch, AirPods, Vision Pro | ~9% |
| Mac | Apple Silicon Macs, MacBook Pro/Air, iMac, Mac Studio | ~8% |
| iPad | iPad Pro M4, iPad Air, iPad mini | ~6% |
The Services segment runs at gross margins above 70 per cent and has become the principal counterweight to hardware-cycle dependence. By 2025 active Apple IDs exceeded 2.2 billion, and cumulative App Store payouts to developers crossed US$400 billion.
Key Events
- 1985: Jobs forced out; Wozniak also departs. John Sculley era.
- 1997: Microsoft invests US$150 million and ships Internet Explorer for Mac as part of a patent settlement. Steve Jobs returns as interim CEO.
- 2007: iPhone unveiled. The App Store follows in 2008.
- 2011: Death of Steve Jobs; Tim Cook becomes CEO.
- 2016: FBI demands that Apple unlock the San Bernardino shooter's iPhone, triggering a landmark encryption policy stand-off.
- 2020: M1 chip announced, beginning Apple's exit from Intel.
- January 2022: First company in history to cross US$3 trillion in market capitalisation.
- 2024: Vision Pro launched (US in February, international in June). To comply with the EU Digital Markets Act Apple grudgingly allowed alternative marketplaces and third-party payments inside the EU. Apple Intelligence was announced at WWDC, with a partnership to bring ChatGPT into Siri via OpenAI.
- September 2024: The Court of Justice of the EU finalises a EUR 13 billion tax recovery order over Ireland; Apple loses.
- 2025: The iPhone 17 series posts what Tim Cook described as "simply staggering" launch demand. FY2025 sets records for revenue and profit.
Key Metrics
- Revenue (FY2025): US$416 bn / Net income: US$112 bn / Operating cash flow: ~US$130 bn
- Employees (2025): about 164,000
- Market capitalisation: US$3-4 trillion range, contending with Microsoft and NVIDIA for the world's most valuable company
- Cumulative iPhone shipments: over 2.3 billion units by 2024; iPhone alone shipped more than 240 million units in 2025
- Capital returns: cumulative buybacks and dividends since 2012 exceed US$900 billion
Influence and Criticism
By refining a "walled garden" ecosystem Apple has reshaped industrial structure, but the same architecture has drawn continuous antitrust and labour scrutiny. Epic Games' lawsuit, filed in 2020, challenged the 30 per cent App Store fee and the ban on external payment links; a 2021 US ruling found Apple's anti-steering provisions illegal. The Digital Markets Act, fully applied from 2024, forces gatekeeper-designated firms to permit alternative app stores and sideloading, and Apple has only reluctantly adjusted its rules inside the EU. In March 2024 the US Department of Justice also sued Apple for maintaining a smartphone monopoly.
On the labour side, long-hour and dormitory-accident issues at Foxconn assembly lines in China, and the unionisation of US Apple Store staff (the first store certified in Maryland in 2022), remain ongoing flashpoints. Environmentally Apple has committed to carbon neutrality by 2030; it declared 100 per cent renewable energy for its own operations in 2020, but achieving the same across its supply chain still hinges on responsible sourcing of cobalt and rare earths. The privacy-as-differentiation strategy crystallised in App Tracking Transparency (2021) damaged Meta's advertising business directly and has settled into a recognisable Apple style of simultaneously deploying competition policy and rights rhetoric.
Finally, dependence on China and the attached geopolitical risk are unresolved. Mainland China, Hong Kong, and Taiwan together account for roughly 17 per cent of revenue (some US$70 billion), and the bulk of Apple's manufacturing remains concentrated there. Diversification to India and Vietnam has accelerated but will continue to be a multi-year project.
Appearances
- January 24, 1984The Macintosh — The GUI Goes MainstreamApple introduced the Macintosh, bringing the graphical user interface invented at Xerox PARC—windows, icons, mouse—to a US$2,495 mass-market price. After the commercial failure of the more expensive Lisa the year before, Apple deliberately moved the balance of simplicity versus extensibility hard toward the former. The Ridley Scott Super Bowl ad introducing it has its own place in television history.
- March 24, 2001Mac OS X 10.0 ReleasedThe release that replaced Apple's Classic Mac OS with the descendant of NeXTSTEP—the Mach-microkernel-plus-BSD UNIX environment Steve Jobs had developed at NeXT after leaving Apple in 1985, and brought back through Apple's 1996 acquisition of NeXT. It gave the Mac UNIX-derived robustness and process separation, and laid the foundation for the Aqua UI, iOS, and modern macOS.
- June 29, 2007The Original iPhone Goes on SaleUnveiled by Steve Jobs at Macworld in January 2007, the iPhone went on sale in the United States on June 29 of the same year. By dropping the physical keyboard in favour of capacitive multi-touch and putting an OS X-derived operating system on a phone, the device rewrote the grammar of the product category that would later be called the smartphone.
- July 10, 2008The App Store OpensLaunched alongside iPhone OS 2.0, the App Store opened with roughly 500 applications. The structure—official Apple distribution, a 70/30 revenue split between developer and platform—would form the spine of mobile economics for the next decade and a half. At the iPhone's original unveiling, Steve Jobs had argued that web apps were enough; eighteen months later, that policy was quietly abandoned.
- July 11, 2008iPhone 3G ReleasedThe second generation, released a year after the original. It added 3G data, dropped the entry price to US$199 for 8 GB to expand the market, and—paired with the App Store, which had opened the day before—pushed the iPhone into the category of phone-plus-runtime-for-applications. Released simultaneously in 22 countries, it ceased to be a US-only device.
- June 19, 2009iPhone 3GS ReleasedThe 'S' stood for Speed. CPU, GPU, and memory were upgraded enough to roughly double performance over the original. Video recording, voice control, a digital compass, and voice memos were added; iPhone OS 3.0 finally brought copy-and-paste, MMS, and a landscape keyboard. The 'S generation' pattern—refine in the off year between major redesigns—was established here.
- June 4, 2010Samsung Galaxy S Launches — The Android Empire's Real BeginningSamsung Electronics launched the Galaxy S (GT-I9000) in Europe on 4 June 2010, with the United States following from later that summer. A 4-inch Super AMOLED screen, a 1 GHz Cortex-A8 (Hummingbird) SoC, Android 2.1 Eclair (later updated to 2.3) — Samsung's first serious Android flagship sold ten million units worldwide within six months. The S line has continued almost annually since, reaching the Galaxy S25 as of 2024, with cumulative S-series sales above one billion units. Through the patent litigation with Apple from 2011 (settled for billions of dollars) and the Galaxy Note 7 fires of 2016, Samsung has held the world's largest annual smartphone shipment number for more than a decade.
- June 24, 2010iPhone 4 — Retina Display and 'Antennagate'Apple branded the new 326-ppi panel the 'Retina display', claiming the human eye could not resolve individual pixels at normal viewing distance. The industrial design shifted to glass front and back with a stainless-steel sidewall—an aesthetic vocabulary that defined every iPhone that followed. The same stainless-steel band, however, doubled as the antenna; certain grips caused noticeable signal loss, triggering the 'Antennagate' affair, one of the most prominent PR failures in Apple's history.
- October 14, 2011iPhone 4S and Siri — Jobs' Last LaunchDual-core A5, an eight-megapixel camera, and the Siri voice assistant. Steve Jobs died on 5 October, the day after the unveiling—the 4S effectively became his last product. Siri, derived from a startup spun out of SRI International and acquired by Apple, pushed the idea of operating a smartphone through natural language into the mainstream.
- September 21, 2012iPhone 5 — Taller Screen, LTE, LightningThe aspect ratio shifted from 3:2 to 16:9 and the display grew to four inches. The body was thinner, in aluminium, and supported LTE for the first time. The most divisive change was the replacement of the nine-year-old 30-pin Dock connector with the reversible 8-pin Lightning—an overnight invalidation of the entire third-party accessory market.
- September 20, 2013iPhone 5s — Touch ID and the 64-bit A7The home button became a fingerprint sensor: Touch ID brought biometric unlock and purchase authorisation to the mainstream. At the same time the A7 became the first 64-bit smartphone processor in the world—a transition the industry had expected two years later, and one that took competitors including Qualcomm by surprise. Touch ID would later become the foundation for Apple Pay (2014).
- September 19, 2014iPhone 6 and 6 Plus — The Pivot to Big ScreensTwo models, 4.7 and 5.5 inches: Apple finally entered the 'phablet' market, four years after the Samsung Galaxy Note opened it. Ten million units sold on the opening weekend, breaking every previous iPhone launch record. Apple Pay was announced the same day, bringing NFC-and-tokenisation mobile payments to mass scale.
- September 25, 2015iPhone 6s and 3D TouchThe pressure-sensitive '3D Touch' display arrived—an attempt to add a new input dimension based on how hard the user pressed. Neither developers nor users adopted it widely; beginning with the iPhone XR in 2018, Apple phased it out. One of the rare UI features Apple released and quietly withdrew.
- March 31, 2016Original iPhone SE ReleasedA small body—the 4-inch shell from iPhone 5—stuffed with iPhone 6s internals. Aimed at users left behind by the move to larger screens and at emerging markets needing a lower entry price, it established a permanent slot in Apple's lineup: the 'inexpensive but current-generation' iPhone.
- September 16, 2016iPhone 7 — The Headphone Jack RemovedApple removed the 3.5 mm headphone jack—an electronics standard for nearly a century—from the iPhone. The word Phil Schiller used at the unveiling, 'courage', was widely mocked as emblematic of Apple's hubris. In practice, the decision pushed wireless earbuds into the consumer-electronics mainstream; AirPods, launched the same day, became Apple's largest peripheral business within a few years.
- November 3, 2017iPhone X — The Home Button Goes, Face ID ArrivesTen years after the original unveiling, Apple removed two of the iPhone's defining elements at once—the physical home button and the fingerprint sensor. In their place came the 'notch' at the top of the screen, embedding a depth sensor and an infrared projector for Face ID. Combined with the bezel-less OLED display, the iPhone's industrial design was rewritten from scratch for a second time.
- September 2018iPhone XS and XR — Mass-Producing the Notched GenerationThe 'notched' design language introduced by iPhone X was rolled out across the lineup with the higher-end OLED XS and XS Max alongside the LCD-based, more colourful, less expensive XR. The experimental flagship of one year earlier had become Apple's whole lineup.
- September 20, 2019iPhone 11 — Dual Cameras and Night ModeThe standard iPhone 11 and Pro/Pro Max established the iPhone as a 'camera with a phone behind it': multiple rear lenses became normal across the lineup. Night Mode, debuting here, lifted low-light photography sharply—handheld dusk shots ceased to be the preserve of dedicated cameras.
- October 23, 2020iPhone 12 — 5G, and MagSafe RebornApple's first 5G iPhone, and the generation that returned to the flat-sided industrial language of the iPhone 4. A magnet array on the back revived the 'MagSafe' name—once retired from the MacBook—as both a wireless-charging standard and an accessory-attachment system. Announced during the pandemic, it launched a month later than the usual September window.
- November 2020Apple Silicon M1 — The Mac's Move to ARMApple announced the first Macs—MacBook Air, Mac mini, and 13-inch MacBook Pro—running the in-house ARM-based M1 chip, ending the fifteen-year run of Intel x86 in the Mac. The M1 outperformed the Intel Macs on both power and speed, the culmination of more than a decade of Apple's internal chip-design effort. With it, the Mac joined iPhone, iPad, and Apple Watch on a unified Apple Silicon base.
- September 24, 2021iPhone 13 — Smaller Notch, ProMotionThe TrueDepth notch shrank by 20% for the first time since iPhone X. The Pro models gained ProMotion: a variable-refresh display running from 10 to 120 Hz, an upgrade that scrolling and animation made viscerally obvious. Battery life also improved meaningfully. A quiet, well-rounded year for the iPhone.
- September 16, 2022iPhone 14 Pro and Dynamic IslandThe five-year run of the iPhone X notch ended—on Pro models. Two punch-hole cutouts replaced it, and the OS treated the black region as a dynamic, interactive UI element: the Dynamic Island, expanding and contracting to display ongoing activities. A hardware constraint (the location of the front camera and sensors) was reframed not as a flaw to be hidden but as a feature to be celebrated. The always-on display arrived in the same generation.
- September 22, 2023iPhone 15 — The Move to USB-CThe eleven-year Lightning era ended; USB-C took its place. Less an internal Apple choice than a forced compliance with the EU's Common Charger Directive (adopted 2022, mandatory by the end of 2024)—a symbolic turn at which a port standard was set by regulation. The Pro models also gained USB 3 transfer speeds (up to 10 Gbps).
- September 16, 2024macOS Sequoia and Apple Intelligence — AI Built Into the OSApple released macOS 15 'Sequoia' alongside iOS 18 and iPadOS 18, all carrying 'Apple Intelligence'. Summarisation, rewriting, image generation, and a strengthened Siri ran on-device on A17 Pro / M-series silicon and beyond, with selected workloads handled by dedicated Apple servers (Private Cloud Compute). Integration with ChatGPT was bundled. The release marked the moment the centre of OS work shifted from 'add features' to 'embed AI in every context of the OS'. In the EU, tensions with the Digital Markets Act delayed parts of Apple Intelligence.
- September 20, 2024iPhone 16 and Apple IntelligenceThe generation built around Apple Intelligence—Apple's own generative-AI suite. Summarisation, rewriting, image generation, and a strengthened Siri were designed to run on-device wherever possible, with selected workloads offloaded to dedicated Apple servers (Private Cloud Compute). A hardware-and-OS co-design intended to keep the AI surface on the device from being ceded to OpenAI or Google.