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.
- Website
- www.apple.com/
- Phone Number
- +1 **********
Key Metrics
Founded Year
1976
Location
Cupertino, United States
Stage
Public
Latest Funding Round
Investors
Ranked
1st among 292 active competitors
Annual Revenue
$383B as on Sep 30, 2023
Employee Count
164,000 as on Sep 30, 2024
Exit Details
Public
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Apple's funding and investors
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 |
View details of Apple's funding rounds and investors
Apple's founders and board of directors
Founder? Claim ProfileThe founders of Apple are Ronald Wayne, Steve Paul Jobs and Steve Wozniak. Tim Cook is the CEO of Apple.
View details of Apple's Founder profiles and Board Members
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:Access Tracxn on any website
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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:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
---|---|---|---|---|---|
1st | Apple 1976, Cupertino (United States), Public | Manufacturer of consumer electronics | - | 76/100 | |
2nd | Internet first brand offering multi-category consumer electronics products | $1.45B | 76/100 | ||
3rd | Platform offering wearable audio devices | $171M | 75/100 | ||
4th | Nothing 2020, London (United Kingdom), Series C | Internet first brand offering multi-category electronics | $250M | 71/100 | |
5th | Essential 2015, Palo Alto (United States), Acquired | Manufacturer of smartphones and accessories | $330M | 63/100 | |
6th | Motorola Mobility 1928, Chicago (United States), Acquired | Internet first brand of mobile, cases, tablets, and screen protector | $10M | 67/100 | |
7th | Internet-first brand offering multi-category consumer electronics | $958M | 59/100 | ||
8th | Nu Republic 2018, Gurugram (India), Seed | Manufacturer of personal audio devices, smartwatches, power banks, and travel accessories | $1.4M | 58/100 | |
9th | Brand of mobile phones and accessories | - | - | 58/100 | |
10th | Online platform offering a wide range of consumer electronics | - | 58/100 |
Looking for more details on Apple's competitors? Click here to see the top ones
Apple's Investments and acquisitions
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 |
See all investments and acquisitions by Apple
Reports related to Apple
Here is the latest report on Apple's sector:
News related to Apple
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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Foxconn to create 600 jobs with $450M Houston investment in AI server manufacturingFreightWaves•Jun 06, 2025•Foxconn Electronics, Apple
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Samsung wins foldable contest but faces challenges in US marketPhoneArena•Jun 05, 2025•Samsung, Apple
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Apple App Store Sales Jump In May, Boosting Outlook For Services GrowthBenzinga•Jun 05, 2025•Apple, J P Morgan
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iPhone 17 is expected to support Qi 2.2 up to 50W MagSafe wireless chargingNewMobileLife•Jun 05, 2025•Apple
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America First Investment Advisors LLC Raises Stake in Apple Inc. (NASDAQ:AAPL)MarketBeat•Jun 05, 2025•America First Investment Advisors, Apple
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Foundation Wealth Management LLC PA Makes New Investment in Apple Inc. (NASDAQ:AAPL)MarketBeat•Jun 05, 2025•Foundation Wealth Management LLC, Apple
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Apple to Announce New AirPods Features at WWDC: Head Gestures, Sleep Detection, Camera Control and Studio MicPhoneArena•Jun 05, 2025•Apple
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Morey & Quinn Wealth Partners LLC Acquires New Position in Apple Inc. (NASDAQ:AAPL)MarketBeat•Jun 05, 2025•Morey And Quinn, Apple
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