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History of Apple Computers

02:09:00

Apple Inc., formerly Apple Computer, Inc., is a multinational corporation that creates consumer electronicscomputer software, and commercial servers. Apple's core product lines are the iPad,iPhoneiPod music player, and Macintosh computer line-up. Founders Steve Jobs and Steve Wozniak effectively created Apple Computer on April 1, 1976, with the release of the Apple I, and incorporated the company on January 3, 1977, in Cupertino, California. For more than two decades, Apple Computer was predominantly a manufacturer of personal computers, including the Apple IIMacintosh, and Power Mac lines, but it faced rocky sales and low market share during the 1990s. Jobs, who had been ousted from the company in 1985, returned to become Apple's CEO in 1996 after his company NeXT was bought by Apple Inc., and he brought with him a new corporate philosophy of recognizable products and simple design. With the introduction of the successful iPod music player in 2001, Apple established itself as a leader in the consumer electronics industry, dropping "Computer" from its name. The company is now also known for its iOS range of products that began with the iPhoneiPod Touch and now iPad. As of 2011, Apple is the largest technology firm in the world, with annual revenues of more than $100 billion.

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