AAPL Company Overview Updated August 15, 2018

AAPL Company

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14,612 'AAPL Company' stories

March 2007 - August 2018

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 August 15

Tour Apple’s global data command center at its 1.3 million square foot facility in Mesa, AZ

Apple’s Mesa, Arizona facility was the previous home to GT Advanced Technologies, the sapphire glass supplier, before it went bankrupt back in 2014. Now the 1.3 million square foot building is one of Apple’s data centers and local publication, The Arizona Republic got the rare access to take a look around.

After making it out of a Japanese antitrust investigation unscathed just last month, Apple is being probed once again by the country’s Fair Trade Commission over alleged interactions with Yahoo and its Game Plus platform. expand full story

An SEC filing reveals that Warren Buffett’s Berkshire Hathaway bought an extra 12.4M AAPL shares during Q2, worth more than $2B at today’s valuation …

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AAPL Company Stories August 14

The Australian government has today proposed a new law which would require tech companies like Apple to give authorities access to encrypted data on receipt of a warrant. Failure to comply would leave the company liable to fines of up to A$10 million ($7.3 million), and potential jail time.

Apple does already comply with court orders demanding access to encrypted data where it has the means to do so and is satisfied that doing this is legal, but cannot do so for Messages and FaceTime …

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AAPL Company Stories August 12

A new report this weekend from the SF Chronicle highlights Apple’s push to lower its tax burden in its home county of Santa Clara in California. The report explains that Apple is the leading appealer of tax assessments in the county, with over 400 open cases since 2004.

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Earlier this year, Ralph Nader penned an open letter to Apple CEO Tim Cook criticizing the company’s plans for a $100 billion share buyback program. Now, Nader is back again to express his unsolicited thoughts on how Apple should spend its “excess billions.”

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