Apple Inc. (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, known for designing, manufacturing, and selling consumer electronics, software, and services.
Founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, Apple has grown to become one of the world’s most valuable companies, with a market capitalization consistently ranking among the highest globally.
Apple Inc. has a storied history in the stock market, beginning with its IPO in 1980. Founded by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple initially faced challenges but found success with products like the Macintosh in the 1980s.
It wasn’t until Steve Jobs’ return in 1997 that Apple truly began its ascent. The introduction of groundbreaking products like the iMac, iPod, and later the iPhone propelled Apple stock to new heights, despite setbacks like the dot-com bubble.
Throughout the 2010s, the iPhone continued to dominate, and Apple became the most valuable publicly traded company in the world.
The company stock split multiple times to accommodate its soaring price.
Apple focus on innovation, expansion into services, and commitment to sustainability have contributed to its continued success in the stock market, even amidst challenges like the COVID-19 pandemic.
