Apple Net Worth 2023: Apple Inc. is an American multinational technology company that specializes in consumer electronics, software and online services headquartered in Cupertino, California, United States.
Apple Net Worth
|Formerly||Apple Computer Company (1976–1977)Apple Computer, Inc. (1977–2007)|
|Traded as||Nasdaq: AAPLNasdaq-100 componentDJIA componentS&P 100 component, S&P 500 component|
|Industry||Consumer electronics, software and online services|
|Founded||April 1, 1976; 45 years ago in Los Altos, California, U.S.|
|Founders||Steve Jobs, Steve Wozniak, Ronald Wayne|
|Headquarters||1 Apple Park Way, Cupertino, California, U.S.|
|Number of locations||516 retail stores (2021)|
|Key people||Tim Cook (CEO)Arthur D. Levinson (chairman)Jeff Williams (COO)Luca Maestri (CFO)|
|Products||AirPods, Apple TV, Apple Watch, HomePodi, Pad, iPhonei, Pod, Macintosh|
Apple Net Worth and Profile
Apple net worth 2023 is $2948 Billion. Apple was founded as Apple Computer Company on April 1, 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne to develop and sell Wozniak’s Apple I personal computer.
Apple Inc. is an American multinational technology company that specializes in consumer electronics, software and online services.
Apple is the largest information technology company by revenue (totaling US$365.8 billion in 2021) and, as of January 2021, it is the world’s most valuable company, the fourth-largest personal computer vendor by unit sales and second-largest mobile phone manufacturer.
It is one of the Big Five American information technology companies, alongside Alphabet (Google), Amazon, Meta (Facebook), and Microsoft.
Apple was founded as Apple Computer Company on April 1, 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne to develop and sell Wozniak’s Apple I personal computer.
It was incorporated by Jobs and Wozniak as Apple Computer, Inc. in 1977 and the company’s next computer, the Apple II became a best seller. Apple went public in 1980, to instant financial success.
The company went onto develop new computers featuring innovative graphical user interfaces, including the original Macintosh, announced in a critically acclaimed advertisement, “1984”, directed by Ridley Scott.
By 1985, the high cost of its products and power struggles between executives caused problems.
Wozniak stepped back from Apple amicably, while Jobs resigned to found NeXT, taking some Apple employees with him.
Macintosh, commonly known as Mac, is Apple’s line of personal computers that use the company’s proprietary macOS operating system. Personal computers were Apple’s original business line, but as of the end of 2021 they account for only about 10 percent of the company’s revenue.
As of January 2022, there are five Macintosh computer families in production:
- iMac: Consumer all-in-one desktop computer, introduced in 1998.
- Mac Mini: Consumer sub-desktop computer, introduced in 2005.
- MacBook Pro: Professional notebook, introduced in 2006.
- Mac Pro: Professional workstation, introduced in 2006.
- MacBook Air: Consumer ultra-thin notebook, introduced in 2008.
iPhone is Apple’s line of smartphones that use the company’s proprietary iOS operating system, derived from macOS. The first-generation iPhone was announced by then-Apple CEO Steve Jobs on January 9, 2007. Since then, Apple has annually released new iPhone models and iOS updates.
As of January 2023, 33 iPhone models have been produced, with five smartphone families in production:
- iPhone 14
- iPhone 13
- iPhone 13 Pro
- iPhone 12
- iPhone SE (2nd generation)
- iPhone 11
iPad is Apple’s line of tablet computers that use the company’s proprietary iPadOS operating system, derived from macOS and iOS. The first-generation iPad was announced on January 27, 2010.
Wearables, Home and Accessories
Apple also makes several other products that it categorizes as “Wearables, Home and Accessories.”
These products include the AirPods line of wireless headphones, Apple TV digital media players, Apple Watch smartwatches, Beats headphones, HomePod Mini smart speakers, and the iPod touch, the last remaining device in Apple’s successful line of iPod portable media players.
Apple is the world’s largest information technology company by revenue, the world’s largest technology company by total assets, and the world’s second-largest mobile phone manufacturer after Samsung.
- Arthur D. Levinson (chairman)
- Tim Cook (executive director and CEO)
- James A. Bell (non-executive director)
- Al Gore (non-executive director)
- Andrea Jung (non-executive director)
- Ronald Sugar (non-executive director)
- Susan Wagner (non-executive director)
Apple Net Worth
Apple net worth is reported at $2948 Billion. Apple became the first publicly traded U.S. company to be valued at over $1 trillion in August 2018, then $2 trillion in August 2020, and most recently $3 trillion in January 2022.
The company receives criticism regarding the labor practices of its contractors, its environmental practices, and its business ethics, including anti-competitive practices and materials sourcing.
The company enjoys a high level of brand loyalty, and is ranked as the world’s most valuable brand.