Apple Inc. is an American multinational technology manufacturer that sells electronics, software, and online services. The company is the world’s largest information technology company, and the world’s third-largest mobile phone manufacturer after Samsung and Huawei. Its products include the iPhone, iPad, Mac and Macbook computers, iPod, Apple Watch, Apple TV, HomePod smart speaker, macOS and iOS operating systems, iTunes, Safari web browser, iTunes Store, iOS App Store, Mac App Store, Apple Music, and iCloud storage platform. The company was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne to sell its first product, the Apple I computer. It held its initial public offering (IPO) in 1980. It opened its first retail stores in 2001, and unveiled the iPhone in 2007. Jobs resigned from his position as CEO in 2011, and was replaced by Tim Cook. It became the first U.S. company to achieve a valuation of over $700 billion in February 2015.
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