Coordinates: 37°19′55″N 122°01′52″W / 37.33182°N 122.03118°W / 37.33182; -122.03118Apple Inc. Type Public Traded as NASDAQ: AAPL NASDAQ-100 component S&P 500 component Industry Computer hardware Computer software Consumer electronics Digital distribution Founded April 1, 1976 (1976-04-01) (37 years ago) (incorporated January 3, 1977) Founder(s) Steve Jobs Steve Wozniak Ronald Wayne Headquarters Apple Campus, 1 Infinite Loop, Cupertino, California, U.S. Number of locations 406 retail stores (as of May 2013) Area served Worldwide Key people Arthur D. Levinson (Chairman) Tim Cook (CEO) Products Products list Mac iPod iPhone iPad iPad Mini Apple TV OS X iLife iWork iOS Services Services list Apple Store Apple Store online Mac App Store iOS App Store iTunes Store iBooks iCloud Revenue US$ 156.508 billion (2012) Operating income US$ 055.241 billion (2012) Net income US$ 041.733 billion (2012) Total assets US$ 176.064 billion (2012) Total equity US$ 118.210 billion (2012) Employees 80,000 (2013) Subsidiaries FileMaker Inc., Anobit, Braeburn Capital Website apple.com
Apple Inc., formerly Apple Computer, Inc., is an American multinational corporation headquartered in Cupertino, California that designs, develops, and sells consumer electronics, computer software and personal computers. Its best-known hardware products are the Mac line of computers, the iPod music player, the iPhone smartphone, and the iPad tablet computer. Its consumer software includes the OS X and iOS operating systems, the iTunes media browser, the Safari web browser, and the iLife and iWork creativity and production suites
The company was founded on April 1, 1976, and incorporated as Apple Computer, Inc. on January 3, 1977. The word "Computer" was removed from its name on January 9, 2007, reflecting its shifted focus towards consumer electronics after the introduction of the iPhone.
Apple is the world's second-largest information technology company by revenue after Samsung Electronics, and the world's third-largest mobile phone maker after Samsung and Nokia. Fortune magazine named Apple the most admired company in the United States in 2008, and in the world from 2008 to 2012. However, the company has received criticism for its contractors' labor practices, and for Apple's own environmental and business practices.
As of May 2013, Apple maintains 406 retail stores in fourteen countries as well as the online Apple Store and iTunes Store, the latter of which is the world's largest music retailer. Apple is the second-largest publicly traded corporation in the world by market capitalization, with an estimated value of US$414 billion as of January 2013. As of September 29, 2012 (2012-09-29), the company had 72,800 permanent full-time employees and 3,300 temporary full-time employees worldwide. Its worldwide annual revenue in 2012 totalled $156 billion. In May 2013, Apple entered the top ten of the Fortune 500 list of companies for the first time, rising 11 places above its 2012 ranking to take the sixth position.