Question

I need to write about    Apple Inc..    please can I get all the information about history of apple inc., also I need information about bonds , investment, earning per share, stockholder's equity , I need to write about 5 pages , so need more information . all relates to apple inc.

Answer 1

Apple Inc. is a multinational technological company headquartered in Cupertino, California that designs, develops and sells consumer electronics, computer software, and online services.

Apple was founded by Steve Jobs, Steve Wozniak, Ronald Wayne in 1976 to sell Apple I (a computer). Wayne sold his share back within 12 days though. It was incorporated as Apple Inc. in January 1977. Soon they started selling their second model Apple II and they got sold rapidly. They went public in 1980 and it became a huge financial success.

In 1984, Apple launches the Macintosh, the first personal computer to be sold without a programming language. Thier sales were initially good, but began to taper off dramtically after the first three months due to its high price, slow speed and limited range of available software. Eventually, after a series of events and dramas between members of top management, Jobs resigned from Apple in 1985 and took few employees of Apple with him to form NeXt Inc. Wozniak left the company but had his shares in the company and pursued his other interests.

Apple then got into other products and their profitabilty has taken a hit. Apple acquired NeXT Inc in 1997 to bring Steve Jobs back. After this acquisition, Apple almost gone into bankruptcy. However, Steve managed to turn it around by launching some succesful products. iPod is one of them. Its sale started in 2001 and Apple managed to make millions of sales. Apple's iTunes became world's largest music retailer within few years. Apple Inc. surpassed the market capitalization of Dell Inc. in 2006. Apple also has series of laptops by name MacPro which was a remendous success.

Apple's major success till now is obviuosly iPhone. Apple Inc.launched iPhone in 2007, which was a major success. The company sold 270,000 units of iPhone within first 30 hours of sale. Every year from then Apple launced a modified and new version of iPhone and sales skyrocketed with every new release.

In 2011, Jobs resigned from the post of CEO and Tim Cook took over. Jobs died of respiratory related illness in November 2011. Recently its market value crossed 1 trillion dollar value. It is now the second most valued company in the world.

Warren Buffet's Berkshire Hathaway almost holds 5.4% in Apple Inc.

Apple's EPS for 2019 was $11.89

Apple's current market cap is 1.249 trillion dollars (May 2 2020).