AAPL Company Overview Updated January 28, 2020

AAPL Company

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15,409 'AAPL Company' stories

March 2007 - January 2020


Founded by Steve Jobs and Steve Wozniak in 1976, Apple kicked off the IPO of its stock in December of 1980 on the NASDAQ market, with the stock symbol “AAPL”. Here is a brief summary from NASDAQ:

Apple (ticker symbol: AAPL) is one of the world’s leading consumer electronics and personal computer companies. The Cupertino, California-based company was established in 1977 as Apple Computer Inc. It dropped the “Computer” from its name in early 2007.

Apple has remained focused on developing its own hardware, software, operating systems and services to provide its customers with the best user experience possible. A significant fraction of the company’s efforts also go toward marketing and advertising as it believes such efforts are essential to the development and sale of its products.

Despite Apple’s market-leading position, the company still faces a number of risk factors, which include changing global economic conditions, fluctuating consumer demand, worldwide-competition and potential supply chain disruptions.

Read more about Apple’s financial details and history on NASDAQ’s and CNN’s websites.

AAPL Company Stories Today

Apple CEO Tim Cook has never commented on future, unannounced Apple products, but that doesn’t stop investors and analysts from trying ever quarter. During Apple’s Q1 2020 earnings call today, Cook was again asked about Apple’s plans for 5G.

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Report: Apple to begin online hardware sales in India during Q3 2020

Apple is reportedly set to open an online store in India this year. According to a new report from TechCrunch, Apple’s currently goal is to launch online hardware sales sometime during the third quarter of this year.

Commenting on Apple’s record-breaking 2020 Q1 performance, CEO Tim Cook shared an update on how many active devices are now in customers’ hands and we’ve also got fresh numbers on how iOS 13/iPadOS 13 adoption is coming along.

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Following Apple’s record-breaking fiscal Q1 2020 earnings release, CEO Tim Cook has offered some additional commentary on the results. Speaking to Reuters, Cook said that Apple continues to face supply issues for certain products.

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AAPL’s Q1 2020 earnings day is here, covering the lucrative holiday shopping season. For the first fiscal quarter of 2020, Apple had forecast revenue between $85.5 billion and $89.5 billion. That compares to the $84.3 billion it reported in the same quarter one year ago.

So how did Apple perform during Q1 2020? The company has announced revenue of $91.8 billion and profit of $22.2 billion. That’s an all-time record for both net income and revenue, Apple says.

Apple no longer reports iPhone, iPad, and Mac unit sales numbers, though it does report a revenue breakdown by product category. More details below.

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AAPL Company Stories January 27

The Unofficial Apple Archive, which collated more than 15,000 classic Apple ads and other materials, has lost most of its videos after DMCA takedown notices issued by the Cupertino, California, company. The videos have been removed less than two weeks after the site was launched.

Site creator Sam Henri Gold told us that he only wanted to save Apple’s history from being lost after the EveryAppleAds YouTube channel was taken down in April 2017…

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