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What is Apple Inc?

Apple Inc

About Apple Inc

What is Apple Inc?

Apple is an American technology company founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976. Incorporated in 1977, the company was one of the early manufacturers of personal computing devices with graphical user interface. Over the years, the company also forayed into other consumer electronics segments like mobile communication devices, digital music players, notebooks, and wearables. The company also develops and markets a range of related software and services, accessories, and networking solutions. Currently, the company’s chief executive officer (CEO) is Timothy Donald Cook, commonly known as Tim Cook.
 
From smart wearables to digital content streaming platforms, Apple offers a wide range of products and services within a closed ecosystem. Its products include iMac desktops, MacBook notebooks, iPhone mobile devices, iPad tablets, iPod digital multimedia devices, Apple Watch and Apple TV. The services include iOS operating system for mobile devices, macOS operating system for notebooks and desktops, iCloud online storage, tvOS operating system for Apple TV, watchOS operating system for Apple Watch, iTunes for digital content services, Apple Pay digital payment service, Apple Music for online multimedia streaming, and Apple News.
 
Apple has been known to be on the forefront of innovation. The company was among the first to develop an app-based ecosystem for smartphones. It was the first smartphone maker to introduce touchID — a fingerprint scanner module to unlock a device — and use 64-bit processors, both of which were later also adopted by most other smartphone manufacturers.
 
Apple’s services have so far been exclusive to its own products. However, in March 2019, the company announced that its subscription-based TV Plus service will be available as an app on televisions from other brands, too. This is for the first time that Apple has enabled its ecosystem service to work on products from other brands, and more announcements of similar nature are expected in future.
 
In 2019, Apple also settled its long-pending legal battle with American chipmaker Qualcomm. The move came after the company found itself in a tight spot securing 5G chips to power its future devices. With Qualcomm on board, the company is expected to bring its first 5G-ready smartphone by 2020.

Latest Updates on Apple Inc

Apple supplier Jabil to set up Rs 2,000 crore mfg unit in Tiruchirapalli

Jabil is also a major supplier to Cisco and HP. Earlier this year, Jabil began manufacturing AirPod components-plastic bodies-for Apple in India

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Updated On : 10 Sep 2024 | 8:31 PM IST

iPhone 16 series to AirPods 4: Highlights from Apple 'It's Glowtime' event

Tim Cook described the iPhone 16 series as a leap into an exciting new era for Apple, emphasising that these are the first iPhones designed from the ground up with AI as a core element

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Updated On : 10 Sep 2024 | 2:40 AM IST

Huawei racks up 3 mn pre-orders for tri-fold phone before iPhone 16 reveal

Apple Intelligence features are to launch in software update to iPhone and iPad operating system likely in October and a full upgrade of Apple's voice assistant Siri is likely only early next year

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Updated On : 09 Sep 2024 | 11:38 PM IST

Apple scouts new deals to push India value-add, in talks with key players

In talks for fresh collaborations with Flextronics, Jabil, Aequs, Tata firms

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Updated On : 08 Sep 2024 | 10:39 PM IST

Apple's upcoming iPhone to break grounds with shift into age of AI

The iPhone 16 is generating a bigger buzz because it is the first model to be tailored specifically for AI, a technology that is expected to trigger the biggest revolution in the industry

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Updated On : 08 Sep 2024 | 3:37 PM IST

We have taken a temporary break from our partnership with Apple: HDFC Bank

Move comes after review of the partnership from cost-to-income perspective; the bank is gearing up for surge in business during the festive season

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Updated On : 01 Sep 2024 | 11:35 PM IST

Apple cuts 100 jobs in digital services group as priorities shift

The layoffs included some engineering roles, and the biggest cuts were made to the team responsible for the Apple Books app and Apple Bookstore

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Updated On : 28 Aug 2024 | 10:18 AM IST

Apple CFO Maestri to hand off job to Kevan Parekh; moves to smaller role

Parekh, 52, will become CFO on Jan. 1 in what Apple described as a planned succession. Maestri, who has been CFO since 2014, will remain at Apple in a reduced position

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Updated On : 27 Aug 2024 | 8:08 AM IST

Apple likely to set Sept 10 for new iPhones, AirPods, and watches debut

A bigger chunk of sales will come the following quarter, which coincides with the holiday season. Analysts have predicted that revenue will climb 7 per centto $128.4 billion in that period

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Updated On : 24 Aug 2024 | 8:44 AM IST

Warren Buffett's Berkshire halves stake in Apple, now has $270 bn cash pile

With the recent sell-offs, Warren Buffett-led Berkshire Hathaway has raised its cash position relative to total assets in the June quarter to 25 percent

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Updated On : 15 Aug 2024 | 1:52 PM IST

CCI orders unusual recall of reports on Apple antitrust investigation

Among those now asked for the return of the reports are Match and Indian startup group ADIF, which represents financial giant Paytm

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Updated On : 14 Aug 2024 | 12:14 AM IST

Apple to release next-generation iPhone SE with AI features in 2025: Report

Besides the Apple Intelligence, the company's suite of artificial intelligence features, the next-generation iPhone SE could feature a new design and a better display

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Updated On : 12 Aug 2024 | 12:26 PM IST

Apple pins hopes on AI for iPhone upgrades as China sales dwindle

Apple said revenue in its fiscal fourth quarter would grow at a level similar to the 4.9% increase it posted in the April-June period

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Updated On : 02 Aug 2024 | 7:38 AM IST

Apple Watch 'For Your Kids' now available in India: Eligibility, features

Apple Watch For Your Kids is now available in India on cellular models of Apple Watch Series 4 or later or Apple Watch SE, paired with iPhone 8 or later

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Updated On : 24 Jul 2024 | 1:44 PM IST

Apple releases iOS 18 public beta: What is new, eligible iPhones, and more

iOS 18 public beta offers early preview of upcoming apps, features, and technologies. However, it is not a general release and could have bugs and inconsistencies in the system

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Updated On : 16 Jul 2024 | 1:08 PM IST

Over 6,500 Samsung workers walk off assembly lines over pay, vacation time

This week, Samsung's preparing to unveil new foldable phones and watches as well as a smart ring in Paris ahead of the Olympics, in an attempt to forestall a challenge from Apple Inc

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Updated On : 08 Jul 2024 | 8:56 AM IST

Nvidia becomes world's most valuable company as AI rally steams ahead

Shares rose as much as 3.4% to about $3.3 trillion on Tuesday, catapulting it over Microsoft Corp. and Apple Inc

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Updated On : 18 Jun 2024 | 11:48 PM IST

Apple kills off its buy now, pay later service barely a year after launch

Apple Pay Later launched with fanfare in March 2023 as a way for iPhone customers to split purchases of up to $1,000 into four equal payments with no fees or interest

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Updated On : 18 Jun 2024 | 10:42 PM IST

Apple likely to 'pay' OpenAI for ChatGPT through distribution, not cash

Apple's deal with OpenAI isn't exclusive, and the iPhone maker is already discussing offering Google's Gemini chatbot as an additional option. That agreement should be in place later this year

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Updated On : 13 Jun 2024 | 11:19 PM IST

Taiwanese firm MediaTek designs Arm-based chip for Microsoft's AI laptops

The software company's plans take aim at Apple which has released its own Arm-based chips for Mac computers for roughly four years

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Updated On : 12 Jun 2024 | 12:39 PM IST