autoevolution 21 Dec 2020, 22:54 UTC ·
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Founded in 1976 by three visionaries of the tech industry, Apple shifted to a different business model with the iPod s launch in 2001. The biggest change of fortunes, however, came in 2007 when Steve Jobs took to the stage to demonstrate the iPhone to raving reviews from everybody. 1 photo
Despite a few lackluster moments in the post-Jobs era, the Cupertino-based giant headed by Tim Cook is doing great from a financial standpoint. Valued at more than a trillion dollars since August 2018, Apple passed the Saudi Arabian state-owned oil company in July 2020 as the world’s most valuable publicly-traded company. In other words, the iPhone and iPad maker has money to burn on projects that were unimaginable a decade ago.