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Apple Inc. is a U.S. hardware and software manufacturer. Apple develops and sells computers, smartphones and consumer electronics as well as operating systems and application software. In addition, Apple is running the iTunes Store and App Store, which sell music, movies, and software online. Apple’s headquarter, Apple Park, is located in Cupertino, California.
Apple was founded in 1976 by Steve Wozniak, Steve Jobs, and Ron Wayne as a garage company. Apple was one of the first manufacturers of personal computers. In this regard, the company contributed significantly to the development of personal computers as a mass-produced product. In 1980s, Apple developed Lisa and Macintosh computers installed with GUI and mouse. While developing iPod, iPhone and iPad, Apple gradually expanded the business into markets other than personal computers. According to Financial Reports, the iPhone accounts for more than 50% of Apple’s net sales and has become its most important product.
iTunes Store enabling downloads of music and movie is the first commercially succeeded download portal. In addition, the iTunes Store played a decisive role in the market formation of distribution of digital products. Today, the iTunes Store and App Store are two of the world’s largest distribution channels for digital products.
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Latest News and Analysis on Apple Inc.
Apple (NASDAQ: AAPL) announced its 2021 Q3 financial results on July 27th. According to the announcement, net sales, operating income and net income were up 36.4%, 84.3% and 93.2%, respectively (YoY, 3 months). Product sales was up 37.4% while service revenue was up 32.9%. Thus, growth of the product sales slightly exceeds growth of theContinue reading “Apple announced 2021 Q3 Financial Results”
Apple (NASDAQ: AAPL) announced 2021 Q1 earning results on April 28th, 2021. According to the announcement, net sales was up 53.6% (YoY, 3 months). In addition, operating income and net income were up 114.0% and 110.1%, respectively (YoY, 3 months). The product segment is driving sales with growth of 61.6%. On the other hand, growthContinue reading “Apple continuously showed Double Digit Growth in 2021 Q1”
Apple (NSDAQ: AAPL) announced its 2021 Q1 financial results on January 27th, 2021. As a result, net sales and operating income grew 21.4% and 31.2%, respectively, while operating cash flow grew 27.0%. As for net sales depending on each segment, iPad growth was the highest up 41.2%, followed by wearables, home and accessories of upContinue reading “Apple announced 2021 Q1 Earning Results on January 27th, 2021”
Apple (NASDAQ: AAPL) announced its FY2020 financial results on October 29th, 2020. As a result, its net sales, operating income, and net income increased by 5.5%, 3.7%, and 3.9% (TTM), respectively, compared to FY2019. When reviewing the performance depending on regions, the sales in Europe increased 13.9% and those in Americas increased 6.5%. Meanwhile, theContinue reading “Apple announced FY2020 Financial Results on October 29th, 2020”
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