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30 Surprising Facts You Probably Didn’t Know About Apple

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Apple Inc., headquartered in Cupertino, California, was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976 to develop and sell personal computers. It is the world's largest information technology company by revenue and the world's second-largest mobile phone manufacturer after Samsung. Here are some interesting things about the company:

  1. Apple is a technology company into design development and sale of consumer electronics, computer software and also providing online services.
  2. The company was founded by Steve Jobs, Steve Wozniak and Ronald Wayne on April 01, 1976, as Apple Computer Inc. developing and selling personal computers. The company enjoys a high level of brand loyalty.
  3. Apple is the world’s largest informative technology company by revenue and the world’s second largest mobile phone manufacturer after Samsung.
  4. In the2016 fiscal year, it recorded annual revenue of $ 215 billion, with 498 retails stores in 22 countries as of July 2017. Apple is one of the biggest job creators in the United States, with two million jobs in all 50 states, including 80,000 apple employees.
  5. The company’s first product was an Apple-I, a computer designed and built by Wozniak himself. It was displayed for public viewing at Homebrew Computer Club, and went on sale by July 1976 for $ 666.66, which is around $ 2,806 in current value after adjustment for inflation.
  6. On January 03, 1977, Apple was officially incorporated without Ron Wayne. With the help of angel investor Mike Markkula, who invested $ 92,000 and arranged quarter of a million credits with Bank of America. Michael Scott was hired as a manager for $ 26,000.
  7. On April 16, 1977, the Apple II was introduced at First West Coast Faire, with character based sell graphics and open architecture.It was priced at $ 1298 with 4K or at $ 2638 for a full 48K and received over three hundred orders.
  8. Apple’s initial public offering On December 12, 1980, sold 4.6 million shares at $ 22 each generating more capital than any other IPO since Ford Motor Company and created 300 millionaires.
  9. In1984, the first personal computer without a programming Language, the Macintosh was lunched during a Super Bowl XVIII. The commercial directed by Ridley Scott was dubbed as master piece event for Apple’s success.
  10. In 1985 due to difference of opinion between Steve Jobs and Board of Directors and resultant power struggle with CEO John Scully, was sidelined. Steve Jobs was forced to resign from Apple and form his own company ‘NeXt Software.’
  11. In 1989, the company saw declining sales, which compelled the company to go for low cost models, the Macintosh Classic, Macintosh LC and Macintosh llsi. With introduction PowerBook and upgrading the operating system with System 7, which added color to the interface and networking capabilities, made 1991 as the ‘first golden age of Macintosh.’
  12. In 1990, Apple experimented with consumer products like, digital camera, Portable CD, audio player, speakers, video consoles, eWorld online service and TV appliances resulting in slide of stock prices.
  13. On February 09, 1997, Steve Jobs was back with Apple as an advisor and NeXT was merged. Earlier all the effort of developing alternate platform for Macintosh, such as A/UX and an alliance with IBM, Motorola in 1994 for computing platform failed and paved the way for Jobs return.
  14. In 1997, at Macworld Expo, Apple announced a new version of ‘Microsoft Office’ for Macintosh in a joint venture with Microsoft, who invested $ 150 million. In the same year on November 10, ‘Apple Online Store’ was introduced with new, build to order manufacturing strategy.
  15. With an eye for software production, the Macromedia’s Key Grip software project was purchased and was launched as ‘Final Cut Pro,’ along with video editing product ‘iMovie’ in 1990s Around 800,000 Final Cut Pro users were registeredby 2007.
  16. In February 07, 2002, Apple bought a company called ‘Nothing Real’ the maker of Shake, a high end video compositing software application. They went on to purchase the music software and hardware company, ‘Emagic’ on July 01, and became first computer manufacturer to own a music software company.
  17. On May 19, 2001, Apple opened its official eponymous retail stores in Virginia and California. On November 10 in the same year the portable digital ‘iPod’ made its phenomenal debut with sale of 100 million unit sale in six months.
  18. The introduction ‘iTunes Store’ the online music download, which can be integrated with iPod in 2003, became a market leader. It recorded over 5 billion download by middle of 2008 and in next two years iTunes Store was the world’s largest music retailer.
  19. On January 10, 2006, the new ‘MacBook Pro’ and ‘iMac’ became the first Apple computer to use Intel Core Duo CPU. This was the time its stock rose ten times and its market cap surpassed that of Dell.
  20. On January 09, 2007, at the Macworld Expo Jobs announced that Apple Computer Inc. will henceforth will be called ‘Apple Inc.’ The Expo also saw the introduction ‘iPhone’ and ‘Apple TV.’ There was a record sale of 270,000 iPhone units within first 30 hours of sales, marking it ‘a game changing for the industry.’
  21. In July 2008, with the launch of ‘App Store’ to sell third party application for the iPhone and iPod Touch, a 60 million application was sold with average daily revenue of $ 1 million.Apple was the third largest supplier of mobile handset in the world due to the popularity of the iPhone.
  22. A large screen, tablet like media device known as the ‘iPod’ was unveiled on January 27, 2010 and by June that year the ‘iPhone 4’, with video calling, multitasking a uninsulated stainless steel design was introduced.
  23. On August 24, 2011, Jobs resigned his job as CEO of Apple and assuming the role chairman. Steve Jobs passed away on October 05, 2011, bring an era to an end.He was replaced by Cook.
  24. On August 08, 2013, Apple’s Tim Cook was party to closed door meeting with US President Barack Obama, regard to government surveillance in the wake of Edward Snowden, NASA incident.
  25. Apple is synonymous with state of the art product like Macintosh, iPod, iPhone, iPad, Apple Watch, Apple TV and its own Software, macOS and iOS, the operating system.
  26. Apple is in the process of producing an electric car with autonomous driving by 2020 and is already into solar energy. The Apple Energy LLC is a wholly owned subsidiary of Apple Inc. with 217.9 megawatts of solar generation capacity.
  27. According to Steve Jobs, he was inspired by his visit to an apple farm and hence the name ‘Apple’ for the company. The first logo of depicting Sir Isaac Newton sitting under an apple tree was designed by Ron Wayne. Later the silhouette of an apple with a bite take of it, replaced it.
  28. Apple has been recognized for its effective advertising and marketing for its product. The first slogan ‘Byte into an Apple’ was coined in 1970s followed by ‘Think Different’ in 1990s. It also product specific like ‘iThink, therefore iMac’ was used in 1980 for iMac promotion and ‘Say hello to iPhone.’
  29. Apple had engaged evangelists one time but over a period of time it has built fan followers, who have incredible personal relationship with Apple products. The high level of brand loyalty can be gauged by the lengthy line before a product launch, has been criticized and ridiculed as ‘Apple fanboy.’
  30. Apple is one of the successful companies that bucked the traditional notions of corporate culture. It became a Fortune 500 company, who see employee as specialist restrained from operating outside their area.

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