Apple founded
Apple was founded on April 1, 1976 in the Jobs family garage in Los Altos, California by Steve Jobs, Steve Wozniak and Ronald Wayne, according to The National.
Apple was founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne and went public in 1980. After Jobs returned in 1997 it introduced the iPod, iPhone and iPad, and Tim Cook led it from 2011 until John Ternus became chief executive on September 1, 2026. It has faced a US monopolization suit, the Epic Games litigation and EU state aid, antitrust and Digital Markets Act decisions.
Apple is listed on Nasdaq under AAPL and led by chief executive John Ternus, with Tim Cook as executive chair. The Justice Department case is pending, the Supreme Court is reviewing the contempt question in the Epic case with Epic's brief due November 13, 2026, and Apple's appeal of the DMA fine is pending. Fourth quarter fiscal 2026 results had not been published on Apple Newsroom or EDGAR as of October 31, 2026.
Apple was founded on April 1, 1976 in the Jobs family garage in Los Altos, California by Steve Jobs, Steve Wozniak and Ronald Wayne, according to The National.
Apple Computer, Inc. was incorporated under California law on January 3, 1977, according to its annual reports.
Apple went public on December 12, 1980, selling 4.6 million shares, according to the Computer History Museum. The National reported an offering price of $22 a share.
Apple acquired NeXT Software, which Steve Jobs had formed, for a total purchase price of $427 million, according to its 1997 annual report.
Apple announced that Gilbert Amelio had resigned as chairman and chief executive and that it was searching for a new chief executive.
Apple issued a press release naming Steve Jobs interim chief executive officer, according to its 1997 annual report.
Apple introduced iPod, a portable music player it said could hold up to 1,000 songs.
At Macworld in San Francisco, Apple introduced iPhone, combining a mobile phone, a widescreen iPod and an internet communications device.
Apple introduced iPad, with a starting price of $499 and availability planned for late March.
Apple's board announced that Steve Jobs had resigned as chief executive and named chief operating officer Tim Cook to succeed him. Jobs was elected chairman.
Apple's board announced that Steve Jobs had died.
Apple agreed to acquire Beats Music and Beats Electronics for a total of $3 billion, about $2.6 billion in purchase price plus about $400 million vesting over time.
The European Commission decided that tax opinions Ireland issued in 1991 and 2007 were state aid and ordered Ireland to recover taxes for June 2003 to December 2014. Apple and Ireland appealed.
The EU General Court annulled the Commission's decision, and the Commission appealed on September 25, 2020.
Ruling on Epic Games' suit, the federal court in Northern California found for Apple on nine of Epic's ten counts, including its federal antitrust claims, but found some App Store guideline provisions violated California's unfair competition law and issued an injunction barring Apple from prohibiting buttons and links to other purchase options, according to Apple and the Ninth Circuit.
The Ninth Circuit affirmed the district court's judgment except on attorney fees, leaving in place the rulings against Epic's Sherman Act claims and for Epic under California law.
The European Commission fined Apple over 1.8 billion euros, finding it abused a dominant position by stopping music streaming apps from telling iOS users about cheaper offers outside the app.
The Justice Department and 16 state and district attorneys general sued Apple in federal court in New Jersey, alleging it monopolized smartphone markets. Four more states joined in June 2024. Apple said it has substantial defenses.
The Court of Justice set aside the General Court's judgment and confirmed the 2016 decision. Apple recorded a net one time tax charge of $10.2 billion, including $15.8 billion payable to Ireland from escrow.
The Commission found Apple breached the DMA's anti-steering obligation, fined it 500 million euros and ordered it to remove restrictions. Apple says it has appealed and believes it complies.
The district court found Apple in contempt of the 2021 injunction and barred it from charging any commission on purchases consumers make outside an app or restricting how developers guide users to them.
US District Judge Julien Neals denied Apple's motion to dismiss the Justice Department's case, allowing it to proceed, Engadget reported.
Apple announced that Jeff Williams would hand the COO role to Sabih Khan later that month as part of a planned succession.
Apple's annual report for the year ended September 27, 2025 showed net sales of $416.2 billion and net income of $112.0 billion.
The Ninth Circuit affirmed the contempt finding but held that parts of the remedy were overbroad. Apple said the court allowed it to require parity between its in-app purchase option and outside links and to charge some commission on link-out purchases, and sent the case back.
Apple announced Tim Cook would become executive chair and hardware engineering chief John Ternus would become CEO on September 1, 2026, approved unanimously by the board.
The US Supreme Court granted Apple's petition in Apple Inc. v. Epic Games, Inc., No. 25-1311, limited to the first question presented, which Apple said concerns the legal standard for civil contempt.
Apple reported revenue of $109.4 billion for the quarter ended June 27, 2026, up 16 percent, and diluted earnings per share of $2.02.
Justice Elena Kagan denied Apple's application to stay district court proceedings in the Epic case while the Supreme Court considers it, after briefly granting an administrative stay on August 12, according to the docket.
The transition took effect on September 1, 2026 under the April plan. Apple's leadership page lists John Ternus as CEO and Tim Cook as executive chair.
iPhone Duo, which Apple described as the first foldable iPhone, went on sale at Apple Store locations worldwide.
The European Commission concluded that two tax rulings issued by Ireland in 1991 and 2007 to Apple Sales International and Apple Operations Europe constituted state aid t...
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Last updated 31 October 2026. Spotted an error? See corrections. Every event links to the record it comes from. Allegations are attributed to whoever made them.