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Apple Inc.

Most valuable company

As of 2021, Apple Inc. is the most valuable publicly traded company, with a market capitalization of $2,286,000,000 in June 2021. It was the first company to reach a market value of $1 trillion (August 2, 2018), and the first company to pass $2 trillion (August 19, 2020). 1)

Income sources

Almost half of the net sales of Apple Inc. are generated by iPhone sales alone. Services are responsible for 21% of sales, while Mac 10%, iPad 9%, and wearables and home accessories 10% 2)

Apple's name was proposed by Steve Jobs, as he recalled: “I was on one of my fruitarian diets. I had just come back from the apple farm. It sounded fun, spirited, and not intimidating”. The First Apple logo was a complicated drawing of Sir Isaac Newton sitting under an apple tree. This logo was replaced in 1977 by the well-known rainbow silhouette of an apple, designed by Rob Janoff. The apple is “bitten” to not confuse it with a cherry. 3)

Apple Corps v Apple Computer

Apple Inc. could be easily confused with Apple Corps Limited, a multi-armed multimedia corporation founded by the Beatles members in January 1968. The main division of the company is Apple Records, others include Apple Electronics, Apple Films, Apple Publishing. In 1978 Apple Records filed suit against Apple Computer (today Apple Inc.) for trademark infringement. The dispute was ended nearly after 30 years in 2007 when Apple Inc took ownership of all of the trademarks related to “Apple” on undisclosed terms. 4)

apple_inc.txt · Last modified: 2021/08/27 05:01 by aga