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| 28 February, 2021, 06:35 PM IST | E-Paper
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    Apple Inc, incorporated on January 3, 1977, is a multinational technology company that is listed on the Nasdaq stock exchange since December 1980. Based out of Cupertino, the market capitalization of Apple is $2....Apple Inc, incorporated on January 3, 1977, is a multinational technology company that is listed on the Nasdaq stock exchange since December 1980. Based out of Cupertino, the market capitalization of Apple is $2.07 trillion. It is the first US firm to cross the $2 trillion milestone in market cap.Since the company’s market value hit $1 trillion in 2018, the stock has returned $175.6 billion to shareholders, including $141 billion in stock buybacks.Besides manufacturing smartphones, personal computers, tablets, wearables and accessories, Apple also sells a range of related software, services, networking solutions and third-party digital content and applications. Apple's product profile includes iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, while software portfolio comprises iPhone OS (iOS), OS X and watchOS operating systems, iCloud and Apple Pay. Apple is also into digital content streaming services -- Apple Music and Apple TV+.For the quarter ended 27 June 2020, Apple earned a revenue of $59.7 billion, an increase of 11 per cent from the year-ago quarter. The company reported net income of $11.3 billion.Apple products comprised around 78 per cent of its total revenue while the remaining 22 per cent came from services.Category wise, iPhones are Apple's biggest source of revenue at 44 per cent, followed by Macs at 12 per cent, iPads at 11 per cent, and wearables, home and accessories 11 per cent.Geographically, Americas is the largest market for Apple as the company got 45 per cent of its business from North and South America. Other major markets for Apple include Europe, India, Middle East, Africa, China and Japan. International sales accounted for 60 percent of the quarter’s revenue. While individual shareholders own a miniscule part of Apple, institutional ownership is high at 60.15 per cent.Apple CEO Tim Cook owns just 0.02 per cent of the company's stock while chairman Arthur D Levinson owns 0.03 per cent of the shares. Key institutional investors include Fidelity Management & Research Company, Vanguard Group, BlackRock and Berkshire Hathaway.Apple's stock was priced at $22 in its initial public offering (IPO) on 12 December 1980. If adjusted for stock splits, the share price was about $0.10.In the global smartphone market, Apple has a 14 per cent share while in the PC segment it is at the fourth spot worldwide with 6.7 per cent market share.

    Apple stock price

    Apple Inc, incorporated on January 3, 1977, is a multinational technology company that is listed on the Nasdaq stock exchange since December 1980. Based out of Cupertino, the market capitalization of Apple is $2.07 trillion. It is the first US firm to cross the $2 trillion milestone in market cap.Since the company’s market value hit $1 trillion in 2018, the stock has returned $175.6 billion to shareholders, including $141 billion in stock buybacks.Besides manufacturing smartphones, personal computers, tablets, wearables and accessories, Apple also sells a range of related software, services, networking solutions and third-party digital content and applications. Apple's product profile includes iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, while software portfolio comprises iPhone OS (iOS), OS X and watchOS operating systems, iCloud and Apple Pay. Apple is also into digital content streaming services -- Apple Music and Apple TV+.For the quarter ended 27 June 2020, Apple earned a revenue of $59.7 billion, an increase of 11 per cent from the year-ago quarter. The company reported net income of $11.3 billion.Apple products comprised around 78 per cent of its total revenue while the remaining 22 per cent came from services.Category wise, iPhones are Apple's biggest source of revenue at 44 per cent, followed by Macs at 12 per cent, iPads at 11 per cent, and wearables, home and accessories 11 per cent.Geographically, Americas is the largest market for Apple as the company got 45 per cent of its business from North and South America. Other major markets for Apple include Europe, India, Middle East, Africa, China and Japan. International sales accounted for 60 percent of the quarter’s revenue. While individual shareholders own a miniscule part of Apple, institutional ownership is high at 60.15 per cent.Apple CEO Tim Cook owns just 0.02 per cent of the company's stock while chairman Arthur D Levinson owns 0.03 per cent of the shares. Key institutional investors include Fidelity Management & Research Company, Vanguard Group, BlackRock and Berkshire Hathaway.Apple's stock was priced at $22 in its initial public offering (IPO) on 12 December 1980. If adjusted for stock splits, the share price was about $0.10.In the global smartphone market, Apple has a 14 per cent share while in the PC segment it is at the fourth spot worldwide with 6.7 per cent market share.

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