According to Fortune Global’s 500 list for the 2020 fiscal year, Apple was the most profitable company globally ā so yes, Apple is profitable. The company’s profit rode by 3.9% to hit $57.41 billion, outshining some of the biggest retailers in America. In 2021, Apple became the most profitable American firm, raking in $365.8 in […]
Founded by Steve Jobs and Steve Wozniak in 1976, Apple has become one of the world’s most recognizable and valuable brands. But no business is immune to external or internal factors that can have a negative or positive impact on their operations and bottom line. Understanding these elements ā both strengths and weaknesses and opportunities […]
Who owns Apple? Apple Inc. is a publicly traded company, so no individual or entity owns the company in its entirety. However, the majority stakeholder of the company as of 2023 is The Vanguard Group, which holds 7.6% of all outstanding shares. Other major institutional shareholders include Warren Buffettās Berkshire Hathaway (5.62%), Capital Research & […]
Apple Business Model focuses primarily on selling its products and offering services through subscriptions. Sales of Apple products like the iPhone, iPad, Apple Watch, and MacBook make up a large percentage of Appleās revenue, while its services include Apple TV+, Apple Fitness+, Apple Music, iCloud+, and Apple Arcade, although a small percentage of its revenue, […]
