Hello everybody i am here to discuss about the facts of apple inc. so lets begin.
Apple’s two founders, Steve Jobs and Steve Wozniak, are well known. What is less well known is that there was a third founding member, Ronald Wayne.
Wayne sold his 10% stake in the company for $800 just 12 days after it was founded in April 1976. He received a further $1,500 payout. If he had stuck with the company, his share would now be worth $100bn.
When MacIntosh sales began to fall, Jobs fell out with the Apple board. He was removed from his role in the company and given an office in "a small, anonymous building occupied only by his secretary and a security guard", according to Tom Hornby.
Jobs called his new office 'Siberia'. Jobs sold 85,000 Apple shares when the price was less than $14. Jobs and Wozniak left Apple in 1985.
Apple’s first product, the Apple 1, was basically a motherboard. It didn’t have a keyboard, monitor or case. Some users made their own wooden cases and added keyboards.
According to Jobs, he was inspired to use an apple after visiting an apple farm because the fruit was "fun, spirited and not intimidating".
It was widely speculated that the bite in the apple was a tribute to Alan Turing, the founder of computing, who had committed suicide by consuming cyanide. A half-eaten apple was found next to his body.
But the company insists this is not the case and that the bite was added to the apple so it would not be confused with a cherry.
Apple has become the world's largest business by becoming the first with a market capitalisation — the value of its traded shares — exceeding $1-trillion.
That's three times the size of SA's GDP — the total value of everything produced by the country in a year.
Here is a list of some countries with a smaller GDP than Apple's market capitalisation.
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