Apple Inc: The World’s Highest Market Value Technology Company

In the present day, Apple is the world’s most valuable technological corporation, with a market valuation of around $2.17 trillion. While it makes the most money, it is also the most lucrative firm with an annual income of $274 billion.

Apple Inc.

Apple Inc. was founded in 1976 by Steve Jobs and Steve Wozniak. For over two decades, it was mainly the company that produced and sold electronic products such as desktop computers, PDAs, printers, and the Apple I, II, III, and IV computers. The Apple logo is designed to have a “very circular design to it”, said from 1980 to 1993. After 1993, its logo went through several phases until the release of the iPhone 5. The blue jean style was last used in 2000, and the figure was adapted to a somewhat more rounded shape. The only legal prerequisite for a corporation to be named “Apple Inc.” is a U.S. government certificate, which the company received in 1985.

History

Apple was founded by Steve Jobs and Steve Wozniak in 1976. Originally called Apple Computer, the firm was renamed Apple Inc. in 1981. The Apple Macintosh was introduced in 1984, and was Apple’s first major hardware success. This marked the beginning of Apple’s growth, and it would continue to get better and better. Apple has won various awards over the years, including three BAFTAs. Profits & Wages Apple is consistently one of the most lucrative companies in the world, with a tax bill of around $41.6 billion for the past fiscal year, with the largest part of this money coming from Ireland. Apple’s annual revenues currently stand at $229.6 billion, while the company also has a positive income of $54.6 billion. In the last quarter, Apple increased revenue by an astounding 20 percent.

apple-logo

Why Apple Is Unique

Apple Inc. (NASDAQ: AAPL) is a multinational company based in Cupertino, California. As of 2017, it is the first and the second most valuable company on the planet after Alphabet Inc. (NASDAQ: GOOGL). As of Jan. 19, 2019, Apple’s market valuation was $2.17 trillion, making it the world’s most valuable company by this metric. By operating in seven sectors – retail, transport, real estate, construction, non-durable consumer goods, telecommunications and media, and utilities – Apple has a wide range of income, providing investors with an earnings and revenue diversification over its competitors. With a dividend yield of 1.75% and an annualized price appreciation of almost 22% for the year through Jan. 18, 2019, Apple also appears to be a great defensive play in a slow-growth global economy.

The products produced by Apple form the heart of its business. A full 80% of its revenue comes from devices, while it also counts the App Store as a major source of income for the company. Its new store gives a glimpse of the future of the firm, with sales for the latest iPhones defying historical trends. In fact, revenues for this product have grown year-over-year. And the latest iPhone has also made Apple the world’s top smartphone vendor. Apple is also known for its strong ecosystem. The company boasts a vast platform, one that gives customers the ability to download music, videos, apps, and games onto their iPhones. Its App Store, which made its debut in 2008, is its biggest source of income. It now rakes in $100 billion every year. As Apple Inc.

Founding and Development

Timothy William Jobs, a former teacher, was working in a mail room at Atari Corp., which was founded by the Wozniak brothers and built video games including Pong. After discovering the video game ‘Star Wars’, Tim became obsessed with it and began selling game cartridges to his friends. He later left Atari Corp. and in 1975, he formed Apple Computers with his friend Steve Wozniak. The initial sales were slower than expected, so Tim moved to another electronics company and asked Steve to return. In 1980, Apple launched its first product, the Apple IIc. Timothy Jobs with his wife Laurene at a party in 2004 Other prominent figures at Apple include his wife Laurene, and their four children, including Apple Inc.’s current CEO Tim Cook.

World’s Highest Market Value Technology Company

As a pioneer in the technological sphere, Apple has produced many products that have changed the way we interact with technology. It has been revolutionizing the industry with its breakthrough products such as the iPhone and iPad, and even Siri, Apple’s AI assistant which has become popular worldwide, Apple is leaving no stone unturned to promote their products. Apple Inc.’s main services are its “one-to-one” computers and devices, and the iTunes. It has also succeeded in providing a lot of personalizing elements in its products to create individual tastes. After being criticized by the Korean government, Apple was the first tech company to file for an anti-trust lawsuit. As of this time, it has appealed its defeat to the Supreme Court.

royalty free apple inc photos free download | Piqsels

How Apple Got To Be So Valuable

Apple’s revenue has increased from $182 billion in 2010 to over $250 billion in 2016. Its income has gone up from $73 billion to over $74 billion. And while its annual revenue of $247 billion in 2016 is expected to go up to $268 billion this year, the income has also seen a similar increase. Apple’s net income in 2016 stood at $48.91 billion. This is up from $44.37 billion in 2015. It is noteworthy that in 2015, Apple’s net income had grown faster than its revenue. This indicates the company’s expanding business and its ability to maximise margins. In comparison, Alphabet, which owns Google, has the smallest market valuation among the top 10 largest technology companies. However, it makes the highest amount of money in terms of net income.

What’s Next For Apple?

The two stocks seem to be more or less moving in lockstep for now, but keep your eyes on the prize. First, keep a close eye on the price action of Apple. Shares have been trading in a relatively tight trading range since August, whereas Nvidia has been rallying. If we see Nvidia setting new highs, it will be a clear indication that it is getting over a major hurdle, at least in the short-term. If we see Apple hitting new lows, we could expect a major correction. The Bottom Line With Nvidia testing resistance, and Apple testing support, we could see a widening gap. But this doesn’t mean that either stock is going to head in either direction anytime soon.

Add notes concept illustration

Conclusion

We present the results of the four-factor model and give you an idea of how your company measures up. You might not be on track for an initial public offering on a major exchange, but that doesn’t mean that it’s not worth a serious look. Additional Reading: While the four factors considered in this model are an essential part of your analysis, you also need to consider how they factor in with the other parts of your business. Make sure that you measure up against the other aspects of your business. Is there another aspect of your company’s operations that you should consider? How does your customer value chain stack up against your peers? How does your product compare to those of your competitors? Which factors do you have a leg up on?

Leave a comment

Your email address will not be published. Required fields are marked *