AAPL Company Overview Updated February 12, 2017

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March 2007 - February 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 February 12

AAPL: 132.12

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AAPL Company Stories February 7

AAPL: 131.53

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In what has become a never-ending patent battle, a federal appeals court on Tuesday ordered that the Apple v. Samsung case be sent back to a lower court. As noted by CNET, the district court will decide whether or not to hold another damage retrial or settle the case in another fashion.

The Samsung v. Apple case will be sent back to where it originally started back in 2012, the Northern District Court of California.

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Apple doesn’t break out its Apple Watch numbers when it reports device sales and revenue each quarter, but it did say during the fiscal Q1 earnings call the wearable hit record numbers for both units and revenue during the important holiday period. The latest report from research firm Canalys today puts estimates of Apple Watch sales at around 6 million units and $2.6 billion in revenue. This would mean the company took almost 80% of total revenue for the smartwatch market last quarter, according to the report’s estimates. It would also represent around 12% year-over-year growth for Apple Watch sales:

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AAPL Company Stories February 4

AAPL: 129.08

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In this week’s top stories: We go hands-on with the new Theater Mode on Apple Watch, we break down LG’s UltraFine 5K display woes, Tim Cook speaks out on Trump’s immigration ban, Apple’s Q1 earnings report, and much more.

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AAPL Company Stories February 2

AAPL: 128.53

Stock Chart

The latest iPhone ownership data from Consumer Intelligence Research Partners shows the size of the challenge facing Apple in making the iPhone 8 a success.

Its research indicates that well over half of all iPhone owners have the iPhone 6 or later.

Within the installed base, the new iPhone 7 and 7 Plus comprise 25 million units, or 19% of the total. The two year-old iPhone 6 and 6 Plus comprise 51 million units, or 38% of the total installed base.

While that’s an impressive past achievement for Apple, with its record holiday season sales a major contributor, it does mean the company is facing a tougher challenge this year …

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