Common questions about Apple Inc.

Short answers, pulled from the story.

When was Apple Computer Company founded and by whom?

Apple Computer Company was founded on the 1st of April 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne in the garage of Jobs's parents' home on Crist Drive in Los Altos, California.

What was the price of the Apple I computer and how many units were sold by the end of 1976?

The Apple I was priced at $666.66 and Apple had sold 500 units by the end of 1976, generating $775,000 in revenue.

When did Steve Jobs leave Apple and who replaced him as CEO?

Steve Jobs resigned from Apple in September 1985 after being stripped of operational duties, and John Sculley was replaced as CEO by Michael Spindler in 1993 before Gil Amelio took over in 1996.

What major product did Apple introduce on the 9th of January 2007 and when was the iPhone launched?

Apple announced the iPhone and Apple TV on the 9th of January 2007, and the first-generation iPhone was sold 270,000 units during the first 30 hours of sales.

When did Apple transition its Mac product line to Intel processors and what was the result?

Apple completed the transition to Intel chips for the entire Mac product line by the 7th of August 2006, which was over one year sooner than originally announced and led to a stock price increase of more than tenfold.

What is the current market capitalization of Apple Inc. as of 2025 and what was the largest investment initiative announced in 2025?

As of 2025, Apple is valued at just over $4 trillion and undertook its largest investment initiative to date by committing to spend over $500 billion in the United States over the following four years.