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Apple - About the company

Apple is a public company based in Cupertino (United States), founded in 1976 by Ronald Wayne, Steve Paul Jobs and Steve Wozniak. It operates as a Manufacturer of consumer electronics. Apple has raised an undisclosed amount in funding from Sequoia Capital. The company has 292 active competitors, including 22 funded and 24 that have exited. Its top competitors include companies like Xiaomi, boAt and Nothing.

Company Details

In 2022, the company recorded annual revenues of $385.1B and a net profit of $94.32B.
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Phone Number
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Key Metrics
Founded Year
1976
Location
Cupertino, United States
Stage
Public
Ranked
Annual Revenue
$383B as on Sep 30, 2023
Employee Count
164,000 as on Sep 30, 2024
Investment & Acquisitions
Similar Companies
Exit Details
Public
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Apple's funding and investors

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Apple has raised funding over 7 rounds. Its first funding round was on 1978. Its latest funding round was a Post IPO round on Dec 25, 2020 for an undisclosed amount. 1 investor participated in its latest round, which include Herald Investment Management, Venrock, PSP Investments and Berkshire Hathaway.

Apple has 37 institutional investors including Sequoia Capital, Herald Investment Management and Venrock.

Here is the list of recent funding rounds of Apple:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Dec 25, 2020
Undisclosed
Post IPO
4609811
3059248
Sep 04, 2019
$7B
Conventional Debt
7823827
2918735
-
May 06, 2019
Undisclosed
Post IPO
1050106
3456689
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Apple's founders and board of directors

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The founders of Apple are Ronald Wayne, Steve Paul Jobs and Steve Wozniak. Tim Cook is the CEO of Apple.

Apple's employee count trend

Apple has 164,000 employees as of Sep 24. The total employee count is 2.0% more than what it was in Sep 23. Here is Apple's employee count trend over the years:
Employee count trend for Apple
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Apple's Competitors and alternates

Top competitors of Apple include Xiaomi, boAt and Nothing. Here is the list of Top 10 competitors of Apple, ranked by Tracxn score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Apple
Apple
1976, Cupertino (United States), Public
Manufacturer of consumer electronics
-
76/100
2nd
Logo for Xiaomi
Xiaomi
2010, Beijing (China), Public
Internet first brand offering multi-category consumer electronics products
$1.45B
76/100
3rd
Logo for boAt
boAt
2016, Gurugram (India), Series C
Platform offering wearable audio devices
$171M
75/100
4th
Logo for Nothing
Nothing
2020, London (United Kingdom), Series C
Internet first brand offering multi-category electronics
$250M
71/100
5th
Logo for Essential
Essential
2015, Palo Alto (United States), Acquired
Manufacturer of smartphones and accessories
$330M
63/100
6th
Logo for Motorola Mobility
Motorola Mobility
1928, Chicago (United States), Acquired
Internet first brand of mobile, cases, tablets, and screen protector
$10M
67/100
7th
Logo for Meizu
Meizu
2003, Zhuhai (China), Acquired
Internet-first brand offering multi-category consumer electronics
$958M
59/100
8th
Logo for Nu Republic
Nu Republic
2018, Gurugram (India), Seed
Manufacturer of personal audio devices, smartwatches, power banks, and travel accessories
$1.4M
58/100
9th
Logo for Motorola
Motorola
1928, India, Unfunded
Brand of mobile phones and accessories
-
-
58/100
10th
Logo for Qubo
Qubo
2018, Delhi (India), Funding Raised
Online platform offering a wide range of consumer electronics
-
58/100
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Apple's Investments and acquisitions

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Apple has made 16 investments in companies including gamma and Corning. Apple has also acquired 115 companies including RAC7 and Pixelmator. Here is the list of investments & acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
May 27, 2025
Acquisition
2011
Vancouver, Canada
Nov 01, 2024
Acquisition
2007
Vilnius, Lithuania
Apr 22, 2024
Acquisition
2015
Paris, France
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Reports related to Apple

Here is the latest report on Apple's sector:

News related to Apple

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Media has covered Apple for a total of 3884 events in the last 1 year, 3093 of them have been about company updates and 140 about partnerships.
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FAQ's about Apple

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