Incredible Mag

The Apple Timeline : From Bankruptcy to A Trillion Dollar Company

<div align&equals;"justify">&NewLine;<p><strong>NewsPatrolling&period;com<&sol;strong><span style&equals;"font-weight&colon; 400&semi;"> &colon; With its share price soaring to an all-time high&comma; Apple has now become the first ever public sector company to reach a market valuation of 1 trillion dollars&period; While you try to figure out just how many zeros follow 1 in that sum&comma; should you also know that this is the same company who battled the brink of bankruptcy in 1997&period; Over 20 years since then – and an eternity long legacy of Steve Jobs – few would have really thought that Apple would emerge to be a culture-defining entity&comma; literally pushing human race ahead&period; <&sol;span><i><span style&equals;"font-weight&colon; 400&semi;">After all&comma; they started as just another computer manufacturer&period;<&sol;span><&sol;i><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400&semi;">With its share price soaring to an all-time high&comma; Apple has now become the first ever public sector company to reach a market valuation of 1 trillion dollars&period; While you try to figure out just how many zeros follow 1 in that sum&comma; should you also know that this is the same company who battled the brink of bankruptcy in 1997&period; Over 20 years since then – and an eternity long legacy of Steve Jobs – few would have really thought that Apple would emerge to be a culture-defining entity&comma; literally pushing human race ahead&period; <&sol;span><span style&equals;"font-weight&colon; 400&semi;">After all&comma; they started as just another <&sol;span><strong>computer<&sol;strong><span style&equals;"font-weight&colon; 400&semi;"> manufacturer<&sol;span><i><span style&equals;"font-weight&colon; 400&semi;">&period;<&sol;span><&sol;i><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400&semi;">You know the story is epic when tens of movies are made&comma; and books are written&comma; on it&period; But&comma; in case&comma; if you’ve missed the outstanding titular performance of Michael Fassbender in &OpenCurlyQuote;Steve Jobs’ &lpar;2015 movie&rpar;&comma; here’s a quick but detailed look-back at the memory lane&colon;<&sol;span><&sol;p>&NewLine;<ul>&NewLine;<li style&equals;"font-weight&colon; 400&semi;"><span style&equals;"font-weight&colon; 400&semi;">A college dropout and working at a gaming company&comma; Steve Jobs incorporated Apple Computer on April 1&comma; 1976&comma; along with two of his friends&colon; Steve Wozniak and Ronald Wayne&period; However&comma; soon after 3 months&comma; the friendship among three turned sour&semi; Wayne sold his shares at just &dollar;800 and left the company&period;<&sol;span><&sol;li>&NewLine;<li style&equals;"font-weight&colon; 400&semi;"><span style&equals;"font-weight&colon; 400&semi;">Apple I&comma; the first ever Apple computer was first introduced in Job’s parent’s garage in Cupertino&comma; California&period; A local computer store managed to sell more than 200 units of Apple I&period; Then came Apple II in 1977&comma; which was billed as the first personal computer for the masses&period; It sold decently&semi; not as exceptional as the founders wanted it to though&period; However&comma; innovation continued at the company with Apple Disk II&comma; ProFile hard disk&comma; and home printers&period;<&sol;span><&sol;li>&NewLine;<li style&equals;"font-weight&colon; 400&semi;"><span style&equals;"font-weight&colon; 400&semi;">In 1983&comma; Apple launched Lisa&comma; a new brand of personal computers that offered a graphical interface&period; However&comma; as it turned out&comma; Lisa soon tanked&period; However&comma; what came out next would revolutionize the entire computing world—Macintosh&comma; the first-ever affordable computer &lpar;priced at &dollar;2&comma;495&rpar; to offer graphical interface&period; The computer was launched with this now-iconic commercial- VIDEO- https&colon;&sol;&sol;www&period;youtube&period;com&sol;watch&quest;v&equals;2zfqw8nhUwA<&sol;span><&sol;li>&NewLine;<li style&equals;"font-weight&colon; 400&semi;"><span style&equals;"font-weight&colon; 400&semi;">However&comma; even with an outstanding product&comma; things weren’t exactly very good at the company&period; Financially&comma; it was struggling&period; Then in the mid-80s&comma; the news came like a jolt to the public&comma; Steve Jobs had to leave a company that he once created&period; He was ousted by his own people&period; Steve Wozniak&comma; too&comma; followed Jobs and left the company&period; The founders were now out&period;<&sol;span><&sol;li>&NewLine;<li style&equals;"font-weight&colon; 400&semi;"><span style&equals;"font-weight&colon; 400&semi;">In the following years&comma; Apple kept on launching new products&period; Portable computers seeped well into our lifestyles&period; And the computing world was seeing some big changes&period; However&comma; in the closed rooms&comma; with stiff competition from Microsoft and HP&comma; and without a competent leadership at the top&comma; Apple continued struggling&period; It sustained big losses over the course&period; And in 1997&comma; the company was strides away from bankruptcy&period; But then something happened…<&sol;span><&sol;li>&NewLine;<li style&equals;"font-weight&colon; 400&semi;"><span style&equals;"font-weight&colon; 400&semi;">Steve Jobs made a comeback in his company&period; Apple’s board made that decision to have him onboard&period; What came next was a succession of big decision-making in the company and even bigger changes that steered Apple on the path where it is currently on&period; In the next 15 years&comma; Jobs&comma; true to his original words&comma; went on to &OpenCurlyDoubleQuote;put a ding in the world”&period;<&sol;span><&sol;li>&NewLine;<li style&equals;"font-weight&colon; 400&semi;"><span style&equals;"font-weight&colon; 400&semi;">OS X was launched&comma; iBook came into existence &lpar;which dwindled in 2006&rpar;&period; MacBook continued improving&period; A line of products was launched in the following years—iPhoto&comma; iMovie&comma; iTunes&comma; iPod&comma; and more&period; BUT it was really 2007 that changed the entire landscape for Apple&period; On June 29&comma; 2007&comma; Steve Jobs stood before the world and launched the first ever iPhone&period; And that was the beginning of the &OpenCurlyQuote;Smartphone era’&period;<&sol;span><&sol;li>&NewLine;<li style&equals;"font-weight&colon; 400&semi;"><span style&equals;"font-weight&colon; 400&semi;">In the next few years&comma; Apple launched Macbooks&comma; Tablets&comma; iPads and&comma; <&sol;span><i><span style&equals;"font-weight&colon; 400&semi;">of course<&sol;span><&sol;i><span style&equals;"font-weight&colon; 400&semi;">&comma; the badass that we now know as Siri&period; It continued on its path of innovation&period; BUT&comma; in place of being rewarded as generation’s biggest revolutionary and entrepreneur&comma; there was something totally different in store for co-founder Steve Jobs&period; He was diagnosed with pancreatic cancer&period; And over the months&comma; his situation worsened&period; He resigned from the company on August 24&comma; 2011&period; Steve Jobs died on October 5&comma; 2011&period;<&sol;span><&sol;li>&NewLine;<li style&equals;"font-weight&colon; 400&semi;"><span style&equals;"font-weight&colon; 400&semi;">Even after Jobs gone&comma; Apple continued progressing in the tech world&period; In 2012&comma; it became the world’s most trusted brand&period; In 2014&comma; it became the first US company to be valued at over &dollar;700 billion&period; The company launched a chain of retails around the world that stood at 463 in number till 2015&period; As it stands now&comma; Apple now has 1&period;3 billion active devices worldwide&comma; with a total of over 12 billion iPhones sold since 2007&period;<&sol;span><&sol;li>&NewLine;<li style&equals;"font-weight&colon; 400&semi;"><span style&equals;"font-weight&colon; 400&semi;">All these achievements&comma; all these struggles&comma; and all the sacrifices on the core team’s part now has led Apple to become the first ever public sector company to be valued at more than &dollar;1 trillion&period; A monumental story really&excl; &lpar;Remember&comma; there’s a reason why millions of entrepreneurs around the world look up to Steve Jobs&period;&rpar;<&sol;span><&sol;li>&NewLine;<&sol;ul>&NewLine;<p><b>Is it too high to touch&quest;<&sol;b><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400&semi;">Following the latest grand feat&comma; the hushed talk&comma; in the Silicon Valley&comma; in particular&comma; is now centered whether the iPhone makers have set the bar too high for others to match&period; You can easily antedate the risen brows at Amazon&comma; Alphabet&comma; and Microsoft&comma; all of which are right behind in the ranking but with a large margin in between&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400&semi;">Indeed&comma; a trillion mark is grandeur in every dimension&period; But so was the one and a hundred billion USD marks when first crisscrossed&period; In 1901&comma; US Steel Corporation became the first company to touch the market valuation of one billion US Dollar&period; 86 years later&comma; in 1987&comma; IBM became the first ever &dollar;100 billion company&period; Both the figures&comma; once&comma; looked too big to touch&period; Could this be the same with the latest 1-trillion-Apple-feat&quest; The tech-giant has perhaps opened a new door for others to barge in&period;<&sol;span><&sol;p>&NewLine;<p><b>Theory &lpar;And Practical&rpar;<&sol;b><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400&semi;">Theoretically&comma; with ambitions high and the right strategy&comma; any company can grow to touch the trillion-mark&period; But in practical terms that are more inline with the world’s reality&comma; the task-at-hand is extremely tough&period; Feasibly not for the giants in the upper echelon like Google&comma; Microsoft&comma; Facebook and Berkshire Hathaway&comma; but at least for thousands and thousands of other companies who are just as innovative and culturally impactful as Apple&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400&semi;">Think about it&period; There would be a time when entrepreneurs chased the dreams to create a million-dollar company&period; And then came an off-spring of new-age entrepreneurs who pursued billion-dollar companies on their portfolio&semi; very few in number&comma; even fewer if you’re counting those really did turn that aspiration into reality&period; And now we’re here&comma; at this terminus&comma; with the first ever public sector company with a valuation of over &dollar;1 trillion&period; Could we really imagine a very small population of elite dreamers who could possibly dare to chase this trillion-dollar ambition&quest; Very unlikely&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400&semi;">Read full story at &colon; <&sol;span><strong>http&colon;&sol;&sol;www&period;newspatrolling&period;com&sol;the-apple-timeline-from-bankruptcy-to-a-trillion-dollar-company&sol;<&sol;strong><&sol;p>&NewLine;<&sol;div>&NewLine;

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