Net Worth Of Apple Company | The Success Story Of Apple

Net Worth Of Apple Company | The Success Story Of Apple

What is the net worth of apple ? and how they become the most successful american public company ? Do you want to know about how they came to the current stage? This is for you.

Prophecy 2214 – “In December 1980 an Apple will arise no man can eat. Invest thy money in Master Jobbes’s machine and good fortune will tend thy days.” (“The Book” Good Omens. Amazon Video, BBC Two., UK. 31 May 2019. Television.) 

Net Worth $1 trillion
Founded April 1, 1976 
Founders Steve Job, Steve Wozniak, Ronald Wayne 
Headquarters 1, Apple Park Way, Cupertino, California, United States 
Area served Worldwide 
Last Updated 2020

Apple Inc. is a wonder of a company that has grown by 15000% since the beginning of this millennium. additionally alone with a rank among the world’s most treasured brands due to its high level of brand loyalty visible through the long lines before a product launch. 

Net Worth Of Apple in 2020

This Technology giant worth up to $1 trillion as of 2020, becoming the first American public company to top $1 trillion in market cap

$1 Trillion

Net worth of apple

An Apple No One Eats – The History of Apple

The Beginning

It all began sometime around 1971 with two Staves named Steve Jobs and Steve Wozniak meeting each other through a mutual friend and in 1976, these two friends updated their friendship into a long-lasting partnership by creating ‘Apple Computers’ which was destined to be the first step of the mighty ‘Apple Inc.”.

Apple Computers soon starts its route to become a household name with the success of Apple I; the first-ever pre-assembled motherboard customers could directly perch from a store which came to be On April 1, 1976, and Apple II which was made in 1977, with the help of Ronald Wayne, which extend its predecessor’s capabilities with a combined keyboard and a case along with expansion slots for attaching floppy disk drives and few other components. 

The biggest turning point of Apple after its birth happened in 1980 with its initial public offering or IPO. The offering became much successful in comparison to some of the leading brands that existed in the market at that time and the generated huge sum of investments, triggered a new era in the history of Apple. 

The Fall of Jobs

Macintosh division which brought the ‘computers of people’ by shaping the history of personal computers as we know them today with the introduction of the first successful mass-market personal computer to have featured a graphical user interface, built-in screen, and a mouse was not much of a success story in the eyes of Apple. It did succeed but not enough much, and not enough success is a failure when it comes to business.  

It was Jobs’ visionary eye that saw the future possibilities of Macintosh and pushed forward toward it regardless of the counsels of his colleagues. The failure of Macintosh left him with no influence left in the company and this ultimately made him set part his ways from the company which he helped to create. His loss didn’t affect Apple or his pet project dramatically and the first golden age of the Macintosh came in 1989 four years after he left it at the hands of John Sculley. 

The Fall of Apple

By 1996, the creative flow of Apple seemed to halt as there were no new products in the market, and on top of that, the existing products started to face immense competition from the other companies which came into existence in the market where Apple used to play monopoly. This made the security of Apple’s position uncertainty in the long run.

Return of Jobs and the rise of Apple

In 1996 Jobs returned to an Apple which was in dire straits and the following year he became the company’s interim CEO, which later became permanent with his reformation of Apple which affected both the structure and governance of Apple on a massive level and this change helped to provoke the triumph, which is existing and expanding even today. 

The Apple Everyone Wants – Major Releases of Apple

Apple has released over 220 separate products within its existence of over four decades and had sold more than 2 billion iOS devices just within the past few years. Here are a few of many game-changing products that mold the success of Apple as well as the core of the tech industry. 

Macintosh

macintosh plus
macintosh plus

This novel revolution released in 1984 was the pioneer of its long line of descendants, it was a computer like none other before due to its user-friendly graphical interface and the mouse. 

iPhone

iphone 11 - released on 2019
iphone 11 – released on 2019

The iPhone completely altered the path of the mobile phone, slaughtered the now-forgotten point-and-shoot camera, gave a new meaning to mobile gaming, and created a new era where the smartphone became everything.

iPad

iPad Released on 2019

This tablet PC was the first of its kind to be an instant hit due to the combination of usability, size, and price that hit all the marks, and the tablet remains one of Apple’s four biggest product lines to this day.

AirPods 

Airpods by Apple - Net Worth Of Apple
Airpods by Apple

AirPods which came with a custom W1 chip that enhanced battery performance and aided to eradicate connectivity problems in Bluetooth and snapped up an enormous 85% of the U.S. market for true wireless headphones.

Apple Watch 

Apple watch series  - Net Worth Of Apple
Apple watch series

This game-changer brought Apple into the core of the health-and-fitness market while liquidating already existed smartwatch pioneers with its editions targeting health and fitness as well as optional cellular connectivity.

The App Store 

Apple App Store -  - Net Worth Of Apple
Apple app store

This service created by Apple; a hardware company, is the most lucrative and most influential product to come out of its doors yet. On the side of the consumer, App Store often gets the opening blow on many triple-A apps, and on the side of Apple, it helps to monitor apps, pick out possible malware, copycats, and doubtful content. 

Rotten Apples – Drawbacks in Apple History

Even when we look into its earlier records, we can see many ancient Apples such as Apple II had lived up to its current glory by been sold 5 to 6 million units per product while they existed, yet this success story wasn’t without failures as for every iPhone that warms a hand there is a Newton still rotting in a forgotten cold corner. Here are a few of the many such necessary risks of Apple that never paid off. 

QuickTake Camera 

Apple once had its own digital camera which resembled a pair of binoculars. The QuickTake 100 had a resolution of 640 x 480 pixels and 1MB of storage; just enough for eight photos was launched in 1994 in partnership with Kodak (KODK) and soon got forgotten.

Pippin 

Pippin @WORLD game console marked one of the biggest failures of Apple with a selling rate under 7,000 units been bought by consumers while the Sony PlayStation sold more than 102 million units at the same time. 

iPod Hi-Fi

Speaker docks were self-contained mini stereo systems born with the popularity of the iPod featured an integrated 30-pin connector, so an iPod could be “docked” for a direct digital audio connection and in 2006, Apple decided to join the game to keep some of that accessory cash in-house instead of settling for the small cut it collected from licensed manufacturers with the release of iPod Hi-Fi, a large speaker system with a comparatively heavy $349 price tag which perceptibly kept the buyers away.

Newton

Killing the Newton was one of Steve Jobs’ first acts with his return. Don’t take me wrong as this was a cool piece of technology when it first arrived in 1993 in the form of a Message Pad which was basically a like a hand-held computer that used a stylus for input and ran applications stored on memory cards yet it wasn’t ready for the prime time to come and never found mainstream success

What Makes Apple So Sweet – Success Story of Apple

Success Story of Apple - Net Worth Of Apple
Success Story of Apple – Net Worth Of Apple

There were many golden and rotten Apples in the story of Apple Inc‘ which continued for more than four-decades with many ups and downs and each of those played a major role in building up this brand to the giant it is today.  

What made Apple ‘Apple’ was its ability to think simple but innovative while identifying unseen problems and giving simple solutions and they always walk the extra mile to make the customers comfortable and this is evident from the very first pre-assembled ‘Apple I’ to the iPhone or iPad you might be scrolling up and down right now which even a 2-year-old can use. They lost this touch of novelty in the late 19’s and that made Apple almost extinct from the business world yet it managed to rise from the ashes with the new leadership of an old leader. 

Apple managed to rise from the rock bottom and touch the sky under the new guidance of Jobs, only because it never was afraid to make difficult and riskier decisions.  Cutting costly projects like Newton and aligning with known-competitors like Microsoft were controversial decisions that showed Apple’s newfound professionalism, confidence, and smartness. 

Apple’s newfound self-confidence and passion were well evident in Jobs Stanford commencement speech: “Have the courage to follow your heart and your intuition. They somehow already know what you truly want to become.”  

Another key element of Apples’ success was its ability to create an experience for the consumer by making great products and packages them even better while showing the customers what they want and giving them an irejectable choice. 

In a brief, Apple’s success is all about being different, simple, and innovative while being confident and passionate enough to take risks and make hard decisions in order to bring great products to the consumers in even better packages that would promise to create an experience. 

Best Quotes By Apple Founder Steve Jobs

innovation distinguishes between a leader and a follower - Steve Jobs
innovation distinguishes between a leader and a follower – Steve Jobs
  • Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected. – Steve Jobs
  • The hardest thing when you think about focusing. You think focusing is about saying “Yes.” No. Focusing is about saying “No.” And when you say “No,” you piss off people. – Steve Jobs
  • Things don’t have to change the world to be important. – Steve Jobs
  • Woz is living his own life now. He hasn’t been around Apple for about five years. But what he did will go down in history. – Steve Jobs
  • You’ve baked a really lovely cake, but then you’ve used dog shit for frosting. – Steve Jobs
  • Being the richest man in the cemetery doesn’t matter to me. Going to bed at night saying we’ve done something wonderful, that’s what matters to me. – Steve Jobs
  • Design is not just what it looks like and feels like. Design is how it works. – Steve Jobs
  • I think we’re having fun. I think our customers really like our products. And we’re always trying to do better. – Steve Jobs
  • Do you want to spend the rest of your life selling sugared water or do you want a chance to change the world? – Steve Jobs
  • I would trade all of my technology for an afternoon with Socrates. – Steve Jobs

Inspirational Quotes From Apple CEO Tim Cook

You-should-be-the-pebble-in-the-pond-that-creates-the-ripple-for-the-change-Tim-Cook
You should be the pebble in the pond that creates the ripple for the change – Tim Cook
  • The sidelines are not where you want to live your life. The world needs you in the arena – Tim Cook
  • It’s been tough and uncomfortable at times, but it has given me the confidence to be myself, to follow my own path, and to rise above adversity and bigotry. It’s also given me the skin of a rhinoceros, which comes in handy when you’re the CEO of Apple – Tim Cook
  • History rarely yields to one person, but think and never forget what happens when it does. That can be you. That should be you. That must be you. – Tim Cook
  • Some people see innovation as change, but we have never really seen it like that. It’s making things better. – Tim Cook
  • We see that privacy is a fundamental human right that people have. We are going to do everything that we can to help maintain that trust. – Tim Cook
  • He’s not given credit as a teacher. But he’s the best teacher I ever had by far. There was nothing traditional about him as a teacher. But he was the best. He was the absolute best. – Tim Cook

Conclusion

Apple has always shown to be an early adapter who comes out with a new product line before anyone else and this is a tradition they managed to hold up since its creation four-decades ago which has been its greatest strength that bought its current stable and long-term development. 

Featured Image Credits :

Photo by Alexandr Bormotin on Unsplash

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