business Overview
| HQ | placeSan Francisco Bay Area |
| Business | Smartphones and other consumer electronics |
| Founded | access_time 47 years ago (founded April 1976) |
| Company Trajectory Score | 59 /100 |
| Employees | 160,000 TrueUp Rank #8 |
| Valuation | $2,609 B TrueUp Rank #1 all-time high: $2,894 B (-10%) 1 year ago: $2,763 B (-6%) 5 years ago: $659 B (+296%) 10 years ago: $242 B (+976%) |
| Public / Private | Public ($AAPL) |
| Lists | Hardware FAANG+ |
Apple is a smartphones and other consumer electronics company with 3,966 job openings. It is currently valued at $2,609 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 | $2,609 B TrueUp Rank #1 52 wk high: $2,824 B (-8%) 1 year ago: $2,763 B (-6%) 5 years ago: $659 B (+296%) 10 years ago: $242 B (+976%) |
| Revenue trailing 12 months | $394 billion TrueUp Rank #5 |
| Revenue growth vs. same quarter last year | 8.1% TrueUp Rank #307 |
| MULTIPLES | |
| Valuation / Revenue | 6.6x |
| Valuation per employee | $16.3 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 |
menu_book Popular books and movies
sentiment_dissatisfiednot available
code Open Source
| Open source citizenship | sentiment_dissatisfied OK TrueUp Rank #74 |
| Top open source projects | ★ 62.2kapple / swift ★ 12.2kapple / foundationdb |
rule Policies
| % of open jobs that are remote | 0% |
| home_work Remote work policy | Fully remote work is rare |
| Same pay everywhere? (same work, same pay) | |
| public H1B sponsorships approved in 2021 | 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 |
card_giftcard Benefits (US)
| Total value of benefits (annual estimate) | $7,325 (sentiment_satisfied Good) TrueUp Rank #5 |
| 401k match | 100% match |
401k match limit | 6% of salary |
| If you make... | Your max 401k match is... |
| $50k base salary | $3,000 |
| $100k base salary | $6,000 |
| $150k base salary | $9,000 |
| $200k base salary | $12,000 |
flight_takeoff Paid vacation (1st year) | 12 days |
| child_friendly Maternity leave | 18 weeks |
| child_friendly Paternity leave | 6 weeks |
| local_offer Employee discount | Annual: 25% discount when they purchase an iPod, computer, or iPad. Every 3 years: workers can get $250 off an iPad or $500 off a Mac. Apple software is 50% off. |
| Other employee benefits | - Egg freezing |
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 |
