AAPL Company Overview Updated July 21, 2017

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March 2007 - July 2017


Founded by Steve Jobs and Steve Wozniak in 1976, Apple kicked off the IPO of its stock in December of 1980 on the NASDAQ market, with the stock symbol “AAPL”. Here is a brief summary from NASDAQ:

Apple (ticker symbol: AAPL) is one of the world’s leading consumer electronics and personal computer companies. The Cupertino, California-based company was established in 1977 as Apple Computer Inc. It dropped the “Computer” from its name in early 2007.

Apple has remained focused on developing its own hardware, software, operating systems and services to provide its customers with the best user experience possible. A significant fraction of the company’s efforts also go toward marketing and advertising as it believes such efforts are essential to the development and sale of its products.

Despite Apple’s market-leading position, the company still faces a number of risk factors, which include changing global economic conditions, fluctuating consumer demand, worldwide-competition and potential supply chain disruptions.

Read more about Apple’s financial details and history on NASDAQ’s and CNN’s websites.

AAPL Company Stories Today

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Tim Cook and Apple have had a very public relationship with President Trump during his term thus far. Cook has had several meetings with Trump and various members of his administration, and new numbers revealed late last night show that Apple has spent a record amount of money lobbying Trump…

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AAPL Company Stories July 20

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Apple today has received support from a handful of tech companies in its ongoing legal dispute with Qualcomm. As reported by Reuters, the Computer & Communications Industry Association, which consists of tech companies such as Samsung, Intel, Google, Amazon, and more, today filed comments with the U.S. International Trade Commission arguing that an import ban on iPhones would hurt consumers…

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Fortune has for the second consecutive year declared Apple the most profitable company in the world, despite coming in 9th overall in the Fortune Global 500. The rankings are based on the most recent financial year for each company.

Fortune is best known for its Fortune 500 ranking of U.S. companies, where Apple this year took the #3 slot. But the company also compiles a global list, and it’s here that Apple came in 9th in the overall rankings but #1 in profitability …

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AAPL Company Stories July 19

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According to a pair of new reports from CNBC and Variety, Apple is among companies expressing interest in a new TV service for the mobile generation from DreamWorks Animation founder Jeffery Katzenberg. Katzenberg is seeking some $2 billion in funding to get the effort off the ground, which is tentatively called “New TV.”

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A senior Apple official has reportedly confirmed that the company is underwriting the legal costs of its four iPhone manufacturers in their court battles with Qualcomm.

While Qualcomm’s CEO this week started using softer language, the dispute itself escalated further in a new development late yesterday …

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AAPL Company Stories July 18

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Apple today has announced that Isabel Ge Mahe will be its new vice president and managing director of Greater China. Currently, Mahe is the company’s vice president of Wireless Technologies. Her new role will see her report directly to CEO Tim Cook and COO Jeff Williams.

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