business Overview
| HQ | placeSan Francisco Bay Area |
| Business | Smartphones and other consumer electronics |
| Founded | access_time 47 years ago (founded April 1976) |
TrueUp Trajectory Score | 67 /100 |
| Employees | 160,000 TrueUp Rank #8 |
| Valuation | $2,788 B TrueUp Rank #1 all-time high: $2,877 B (-3%) 1 year ago: $2,341 B (+19%) 5 years ago: $735 B (+279%) 10 years ago: $253 B (+1,004%) |
| Public / Private | Public ($AAPL) |
| Lists | Hardware FAANG+ |
Apple is a Smartphones and other consumer electronics company with 3,846 job openings. It is currently valued at $2,788 billion as a public company. 160,000 people work at Apple. The company was founded in 1976.
Apple grid
Employee happiness →
Growth →
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local_atm Financials
| Valuation | $2,788 B TrueUp Rank #1 52 wk high: $2,821 B (-1%) 1 year ago: $2,341 B (+19%) 5 years ago: $735 B (+279%) 10 years ago: $253 B (+1,004%) |
| Revenue trailing 12 months | $394 billion TrueUp Rank #5 |
| Revenue growth vs. same quarter last year | 8.1% TrueUp Rank #307 |
| MULTIPLES | |
| Valuation / Revenue | 7.1x |
| Valuation per employee | $17.4 million TrueUp Rank #88 |
| Revenue per employee | $2.5 million |
phonelink Products
| Top products | - iPhone/iOS |
| Other important products | - AirPods - App Store - Apple Pay - Apple Store - Apple TV - Apple Watch - Beats (acq 2014 for $3B) - iCloud - iPad - Macbook - Siri (acq 2010) |
| Primary customer type | emoji_people B2C |
| Is this really a tech company? | Mostly remove Network effects close Zero marginal costs to produce check Product improves over time check Zero cost to expand globally close Self-serve onboarding + Zero cost of sales |
emoji_people Culture
| Glassdoor employee reviews | 82% would recommend Apple to a friend (35,954 reviews) better than 64% of tech co's 90% approve of the CEO Tim Cook (7,469 reviews) better than 66% of tech co's |
| Company mission | "Bringing the best user experience to its customers through its innovative hardware, software and services." |
| Company culture links | Working at Applenorth_east apple.com/jobs/ca/about.html |
| Companies founded by former employees | - Electronic Arts (founded 1982) - LinkedIn (founded 2002) - Android (founded 2003) - New Relic (founded 2008) - Nest (founded 2010) |
| public Climate change efforts | Carbon-neutral target: 2030 |
code Open Source
| Open source citizenship | sentiment_dissatisfied OK TrueUp Rank #75 |
| Top open source projects | ★ 62.7kapple / swift ★ 12.7kapple / foundationdb |
rule Policies
| % of open jobs that are remote | 0% |
| home_work Remote work policy | Fully remote work is rare |
| public H1B sponsorships approved in 2022 | 845 TrueUp Rank #4 |
| History of enforcing non-competes | access_time 3 years ago Apple lawsuit tests if an employee can plan rival startup while on payrollnorth_east |
menu_book Popular books and movies
sentiment_dissatisfiednot available
history Other info
Associated billionaires (source:Forbes) | $11.8B - Laurene Powell Jobs & family |
| IPO date | Dec 12, 1980 (42 years ago) |
| Top owners at IPO | 15.0% - Steven P. Jobs 14.0% - A.C. Markkula Jr 7.9% - Stephen G. Wozniak 7.6% - Venrock Associates 5.6% - Michael M. Scott 2.4% - Henry E. Singleton 1.3% - Arthur Rock |
| Founder ownership at IPO | 22.9% |
| Implied founder equity split | 66% - Steven P. Jobs 34% - Stephen G. Wozniak |
| Unsuccessful products trending_down | - Apple Newton - AirPower - Apple Watch 'Edition' model - iPhone 4 ('Antennagate') - Macbook Butterfly Keyboard - Project Titan |
