Apple was founded by Steven Paul Jobs (Steve Jobs). Right now Apple has occupied a decent position in the market and has a loyal fan base.
These two possessions are the main consequence of why Apple products are high-priced as well as the most successful company in the world.
According to research, 'Apple' is one of the most searched word on browsers before Amazon.
Let's know the present worth as well as the past worth of Apple.
How Much is Apple Worth?
Right now Apple is worth more than 2 trillion USD. The first time when Apple touched a trillion USD was in 2018. Apple is now the most valuable company in the market and it has even surpassed the leading oil company Saudi Aramco.
For your information, Saudi Aramco surpassed 2 trillion USD in 2019 and it was the first-ever company to touch 2 trillion USD. Apple is the second company to touch 2 trillion USD.
Whereas Apple is the first American company worth 2 trillion USD. According to Forbes, the brand value of Apple is 241.2 billion USD
Till now I didn't say anything about their revenue, because revenue and worth are two different things.
Revenue is the amount of money the company generates and Apple has generated a revenue of 260 billion USD.
The more the worth of a company more will be its brand value, though not necessary, we can safely say that Apply is currently one of the most valuable companies in the world.
Apple's worth 5 years back (2015):
Five years back, Apple used to be worth about 700 billion USD. Even five years back, Apple was dominating the position of the most valuable company.
Microsoft's worth was about 430 billion USD in 2015 but it has reached a trillion USD right now in 2020.
These two companies have touched a trillion USD just in the span of five years, proving that the rate of growth in their value won't stop even after quitting the trillion digits.
In a span of 5 years (2015-2020), Apple's net worth exceeded by a shocking 1.3 trillion USD.
Apple's worth 10 years back (2010):
Ten years back, Apple used to be worth around 250 billion USD. In a span of 5 years, its net worth exceeded by more than 500 billion USD.
At that time, some other popular companies such as Microsoft used to be worth about 200 billion USD. This proves that Apple got a sudden boost in its net worth.
The fact is that Apple really got a sudden boost in its net worth in 2012.
The net worth was about 540 billion USD in 2012 whereas Microsoft didn't even reach 300 billion USD. The graph below represents the worth of Apple during 2012. The real upthrust in the graph is perspicaciously visible in 2020.
Facts About Apple:
1. Annual income of Steve Jobs
The annual income of the founder of a trillion-dollar company was 1$. Steve Jobs was entitled as the lowest-paid CEO. From the time of the birth of Apple to his death, his annual income was just 1$.
Don't worry, Steve Jobs used to hold a lot of shares. His salary was 1$ and it shows that he cared so much about his company.
2. Microsoft saved Apple in 1997
Bill Gate, the founder of Microsoft invested 150 million USD in Apple to save it from bankruptcy. He also gave Microsoft access free of cost to Apple.