Apple Inc. Today Celebrates 44th Anniversary!



MK Digital Line
Apple Inc. was founded on 1 April 1976 in Cupertino, California, United States. It was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne to develop and sell Wozniak's Apple I personal computer.

Ronald Wayne, one of the three founders sold his 10% shares for Apple within 12 days for just $800 to start his own start-up; Today, a 10 percent stake in Apple would be worth more than $95 billion. Wayne kept his original contract from 1976 for years, then he sold it for $500 in 90's; According to 'The Filthy Rich Guide,' in 2011, the same contract sold at auction for $1.59 million

According to CNBC's calculation, a $1,000 investment made in early August 2008, that is ₹43,510, as $1 was ₹43.51 in 2008, would be worth more than $9,222.50 as of August 2, 2018, that is ₹6,43,370; as $1 is ₹69.76 on August 2018. Apple’s defeated e-commerce giant Amazon in the race to become the first publicly traded U.S. company worth $1 trillion

There's a fun fact, that the mystery behind the world famous logo of Apple, which is an apple with just one bite taken, is no mystery actually! Steve Jobs loved apples, therefore Apple Inc., which also could have been Banana Inc. if Jobs had a thing for banana!. Another fact, around Apple computers it is No Smoking' zone; Apple has a policy which says that if Apple computer user smokes while using the computer, their warranty would be revoked permanently! The company claims that the cigarette residue creates a bio-hazard for people servicing them.

Apple Inc. is so successful, that in the first quarter of 2014, that is in just 3 months it made more money than Amazon, Google, and Facebook combined. Only 14 countries have annual GDP figures greater than Apple's market cap, that means if Apple Inc. becomes a country, it would be world's 14th largest economy!

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