Company Name: Apple Inc.
Industry: Consumer Electronics
Sector: Technology
Description: Apple Inc. (AAPL) is a leading global technology company that offers customers a wide range of software, hardware, cloud services, and devices worldwide.
The company is famous for its innovative products, such as the iPhone, Mac, iPad, and Apple Watch, as well as its popular platforms, such as the App Store, Apple Music, Apple TV+, and iCloud.
The company also provides a diversified services portfolio, such as Apple Arcade, Apple Fitness+, Apple News+, Apple Card, and Apple Pay, that enhances user experience and generates recurring revenue.
Apple Inc. was founded in 1977 and is based in Cupertino, California. The stock symbol is AAPL, which is listed on the Nasdaq Stock Market, and is a member of the Dow Jones Industrial Average.
Apple Inc. operates in various markets, including consumers, small and mid-sized businesses, education, enterprise, and government, which allows it to tap into various markets and customer segments. The company also has a robust supply chain and distribution network, which ensures efficient and timely delivery of its products and services.
However, Apple faces intense competition from other technology companies, such as Samsung, Huawei, Google, Amazon, and Microsoft, which offer similar or alternative products and services at lower prices or with better features. This could erode Apple’s market share and profitability.
As of January 10, 2024, the company had a market capitalization of $289.6 billion, a price-to-earnings ratio of 30.35, a dividend yield of 0.52%, and an earnings per share of $1.46.
CEO: Mr. Timothy D. Cook
Website: https://www.apple.comExchange: NASDAQ Global Select