Apple Inc. (AAPL) Journey To A $1 Trillion Company

Apple Inc. (AAPL) Journey To A $1 Trillion Company

Apple Inc. (NASDAQ:AAPL) is one of those companies that never stops pushing the boundaries of success. Just last year, they made history by becoming the world’s first $1 trillion company. So where did it all begin? How did the brainchild of two college dropouts turn into the most valuable company in the world?

Apple was founded on April 1, 1976, by Steve Jobs and Steve Wozniak in the garage of Jobs’ parents’ house. After the success of the company’s first two products, Apple I and Apple II personal computers, Apple conducted its first public offering in 1980, pricing their 4.6 million shares at $22 per share.

Greenlight Capital Full Q2 2021 Letter: Einhorn Thinks Inflation Is Here To Stay

EinhornDavid Einhorn's Greenlight Capital returned -2.9% in the second quarter of 2021 compared to 8.5% for the S&P 500. According to a copy of the fund's letter, which ValueWalk has reviewed, longs contributed 5.2% in the quarter while short positions detracted 4.6%. Q2 2021 hedge fund letters, conferences and more Macro positions detracted 3.3% from Read More


Q2 hedge fund letters, conference, scoops etc

The first half of the 1980s saw the release of two more popular Apple products, The Lisa in 1983 and The Macintosh in 1984. While Apple Lisa is known as the first personal computer with a graphical user interface (GUI), while The Macintosh is remembered for its famous futuristic commercial that aired during Super Bowl XVIII.

As innovative as The Lisa was, its disappointing price to performance ratio and poor sales led to internal conflict in the company between Jobs and other board members. The power struggle between Jobs and Apple CEO John Sculley culminated in Jobs’ departure from the company in 1985.

This, however, was far from the end of Steve Jobs’ Apple story. After leaving Apple, Jobs founded his own software company called NeXT, Inc. and managed to convince Apple’s board members that his company’s operating system was exactly what Apple needed to compete with Windows and meet the growing needs of their customers. In December 1996, Apple Computers bought NeXT for $429 million and welcomed back jobs as the interim CEO the following year.

In 1998, Steve Jobs announced the launch of iMac, calling it the product of “the marriage of the excitement of the Internet with the simplicity of Macintosh.” The instant success of iMac solidified Jobs’ reputation as one of the leading digital innovators and led to his announcement as the permanent chairman-CEO of Apple in January 2000.

The beginning of the new millennium is remembered for the introduction of two revolutionary products: the music platform iTunes and the MP3 player iPod. Apple was on a roll again and the following years were marked by a succession of innovative releases, including the iTunes Music Store, the Safari web browser, the first Intel-based computers iMac and MacBook Pro, and finally in 2007, the groundbreaking iPhone.

If you want to find out how Apple’s journey to $1 trillion company unfolds from here, take a look at the comprehensive infographic below by The

Previous article Gun Free Funds: How Much Do You Have Invested In Assault Weapons?
Next article Traditional Equity And Fixed Income Investment Issues: Keel Point CIO
Jacob Wolinsky is the founder of, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at) - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver

No posts to display