At the time, that meant Apple’s market value was higher than the entire GDP of some nations such as Mexico, Turkey, and Switzerland, according to figures from The World Bank. In December 2019, Apple’s market value was $1.3 trillion. Cook is joined in his recent billionaire status by (no surprise) Facebook’s Mark Zuckerberg and Amazon’s Jeff Bezos. Tim Cook, who took over as CEO from Jobs nine years ago, is now worth more than $1 billion. In August 2020, the company reached a market value of $2 trillion, the largest ever reached by an American company. There don’t appear to be any signs of Apple’s growth slowing down. The tech behemoth employs 137,000 full-time employees worldwide, and it operates 510 retail stores in 25 countries.
Today, the company’s product line includes the iPhone, iPad, the Mac personal computer, AirPods, Apple Watch, and various other hardware, software, and consumer electronics that seem to be everywhere.Īpple’s worldwide annual revenue in fiscal year 2019 was $260 billion. Apple started releasing a slew of new products, including the iMac, that brought it back to dominance. When Steve Jobs returned to Apple in 1997 as CEO, the company began an epic run after he remade the firm’s philosophy. As the market changed in the 1990s, Apple faced low sales and stiff competition from its rival Microsoft. The company was involved primarily with personal computers for more than three decades. The company grew quickly, as sales between 19 grew by an average annual rate of a staggering 533%, according to Fast Company. Apple Reaches $2 Trillion in Market ValueĪpple was founded in 1976 as a business partnership between Steve Jobs, Steve Wozniak, and Ronald Wayne.
But according to some ex-employees, you may also have to sacrifice a good work/life balance for a company that demands near-perfection.Įmpire Resume researched several reports and will let you know what it’s really like to work for Apple, one of the world’s most iconic companies. Like all the other big tech companies, you’ll be very well compensated if you work for Apple. Anonymous reports on websites like Quora provide a window into an incredibly intense, and sometimes bizarre, workplace. Apple has developed a reputation for being very secretive about its work culture. According to a company earnings report in January 2020, about 1.5 billion Apple products are now in use worldwide.īut what’s it like to work for Apple? Not many people know and for a good reason. The ubiquitous company recently became the first publicly traded U.S. Apple has often been named the world’s most valuable brand, and it has a devoted following of customers. Which company are we forgetting?Īnswer: Apple, arguably the most powerful and enduring company of all the mega-tech firms we just named. Empire Resume has recently described what it’s really like to work at Google, Amazon, Facebook, and Microsoft.