
Work Here?
Apple designs, manufactures, and sells hardware and software across iPhone, iPad, Mac, Apple Watch, and Apple TV, plus services like the App Store, Apple Music, iCloud, and Apple Pay. The products work together through an integrated ecosystem where devices run Apple’s own operating systems and sync data via iCloud, delivering a seamless user experience. It differentiates itself by controlling both hardware and software end-to-end, maintaining a unified design, and expanding services and spatial computing. Its goal is to provide a cohesive, high-quality experience across devices while growing services revenue and expanding its ecosystem.
Industries
Hardware
VR & AR
Consumer Software
Financial Services
Company Size
10,001+
Company Stage
IPO
Headquarters
Cupertino, California
Founded
1976
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$10.8B
Above
Industry Average
Funded Over
8 Rounds
Health Insurance
Dental Insurance
401(k) Retirement Plan
401(k) Company Match
Tuition Reimbursement
Performance Bonus
Relocation Assistance
Employee Stock Purchase Plan
Apple spent $82.2 billion buying back its own stock over the past twelve months, but the rising share price means each dollar retires less stock than before. The company's share count fell 1.7% in the past year, down from an average 2.3% annually over three years, as buybacks become less effective with Apple's $4.5 trillion market valuation. The buyback remains fully funded by strong cash flow. Apple generates approximately $146.7 billion in operating cash flow annually from its installed base of over 2.5 billion devices and 1.5 billion paid subscriptions, covering 1.4 times its total shareholder payouts. However, memory pricing pressures are affecting margins. Gross margin is expected to decline from 48% to a guided 47% midpoint, which management attributes primarily to what it described as hundred-year flood conditions in memory pricing.
Apple reached a $5 trillion market cap before reporting fiscal third quarter results. Revenue grew 16% year-over-year to $109.4 billion, whilst earnings per share rose 29% to $2.02. iPhone revenue hit a June quarter record of $54.3 billion, up 22%. Shares fell 10% after the report as September quarter guidance of 9% to 11% growth missed Wall Street's 12% forecast. Apple is paying Google approximately $1 billion annually to run Gemini behind its rebuilt Siri, rather than building infrastructure itself. This contrasts with rivals Alphabet, Amazon, Microsoft, and Meta, which plan over $700 billion in combined 2026 AI capital spending. Apple generated roughly $34 billion in operating cash flow in the June quarter. The company launched its Upgrade leasing programme with Klarna, offering iPhones from $17.99 monthly. Tim Cook hands over the CEO role to John Ternus on 1 September.
Apple's India sales surpassed $10 billion for the first time in its last fiscal year, marking a significant milestone in the country. The achievement reflects growing demand for Apple's premium products in the Indian market. The company has been expanding its retail presence in India to capitalise on increasing consumer interest. Apple's success in India demonstrates the effectiveness of its strategy to strengthen its footprint in one of the world's largest and fastest-growing smartphone markets. The milestone comes as Apple continues to invest in its retail infrastructure across the country, positioning itself to capture more market share among Indian consumers seeking high-end devices.
Apple has agreed to acquire Czech materials science company PlasmaSolve, according to a notice published on the European Commission's website. Founded in 2016, PlasmaSolve develops plasma simulation software to design and optimise plasma-based manufacturing processes. The company's primary product, MatSight, is a suite of apps that helps manufacturers simulate vapor deposition processes for metals. Apple has used this technology for years on various iPhone models to create durable thin films on casings that minimise scratching and damage. Apple will acquire PlasmaSolve's entire issued share capital through a subsidiary and hire certain employees from the company.
Apple says it will spend $30 billion to design US-made Broadcom chips. Apple announces a $30 billion investment to design chips domestically using Broadcom technology, aiming to bolster US manufacturing and supply chain security. Published on 09 July 2026 Apple will spend $30 billion to develop US-made chips using Broadcom technology. This move aims to strengthen domestic manufacturing and reduce reliance on foreign supply chains. Details about implementation and timeline are still emerging. Apple has declared it will invest $30 billion to develop and manufacture chips within the United States, utilizing technology from Broadcom. This move aims to bolster domestic chip production and reduce dependence on foreign suppliers, particularly in light of recent supply chain disruptions and geopolitical tensions. The company stated that the investment will be directed toward designing advanced semiconductor chips domestically, with a focus on leveraging Broadcom's existing technology and expertise. Apple did not specify the exact timeline for the project but emphasized that this initiative is part of its broader strategy to strengthen its supply chain resilience. Sources familiar with the matter indicate that the investment will include building new facilities and expanding existing manufacturing capabilities within the United States. Apple's CEO Tim Cook highlighted the importance of this move for national security and economic growth, stating, "This investment underscores our commitment to innovation and manufacturing in America." At a glance announcement When: announced March 2024 The development Apple has announced a $30 billion investment to design and produce chips in the United States using Broadcom technology, marking a significant shift in its supply chain strategy. Implications for US chip manufacturing and supply chain security. This $30 billion investment marks one of the largest commitments by a tech company toward domestic chip manufacturing. It signals a strategic shift aimed at reducing reliance on foreign suppliers, especially amid ongoing global supply chain challenges and geopolitical tensions involving China and other regions. The move could accelerate US efforts to regain leadership in semiconductor production and foster local job creation. Silicon IC die wafer, bare CPU semiconductor chip sample with lithography patterns for teaching, STEM education, and art display (0.20" x 0.12" 1 box /40 pcs). IC Type: Semiconductor As an affiliate, Ebusexpert earn on qualifying purchases. Background on US efforts to boost domestic chip production. Over the past few years, the US government has implemented policies like the CHIPS Act to incentivize domestic semiconductor manufacturing. Major companies, including Intel and TSMC, have announced plans to build or expand US facilities. Apple's investment aligns with these national priorities, aiming to secure supply chains for critical components used in its products. Broadcom, a key supplier of chips and semiconductor components, has been a significant player in the industry, providing technology for a range of electronics. Apple's collaboration with Broadcom for this US-based manufacturing initiative represents a strategic move to integrate supply chain resilience into its core operations. "This $30 billion investment demonstrates Apple's commitment to innovation and manufacturing in America, strengthening our supply chain and supporting local economies." - Apple spokesperson Apple Broadcom chip development kit. As an affiliate, Ebusexpert earn on qualifying purchases. Details on timeline and implementation plans still emerging. While Apple has announced the $30 billion investment, specific details about the project timeline, locations of new facilities, and the types of chips to be produced remain unclear. It is also not confirmed how quickly the manufacturing will ramp up or what the immediate economic impacts will be. As an affiliate, Ebusexpert earn on qualifying purchases. Monitoring progress and additional announcements expected. Apple and Broadcom are expected to provide further details in the coming months regarding project milestones, construction timelines, and operational plans. Industry analysts will closely watch for updates on how this investment influences US chip manufacturing capacity and supply chain security. Fundamentals of semiconductor fabrication. As an affiliate, Ebusexpert earn on qualifying purchases. Key questions. What types of chips will Apple produce with this investment? Specific details about the chip types have not been disclosed. It is likely to include advanced semiconductor components used in Apple devices and possibly other electronics. When will the new US manufacturing facilities be operational? There is no confirmed timeline yet. Apple has indicated that development will take several years, with further details to be announced as plans progress. Why is Apple investing so heavily in US chip manufacturing? The investment aims to strengthen supply chain resilience, reduce reliance on foreign suppliers, and support US economic and technological leadership. How does Broadcom fit into this project? Broadcom will provide technology and expertise for designing and possibly manufacturing chips in the US, serving as a key partner in Apple's domestic production initiative. Could this impact global chip prices or supply? Potentially, as increased US manufacturing capacity might influence supply and demand dynamics, but specific effects are uncertain at this stage.
Find jobs on Simplify and start your career today
Industries
Hardware
VR & AR
Consumer Software
Financial Services
Company Size
10,001+
Company Stage
IPO
Headquarters
Cupertino, California
Founded
1976
Find jobs on Simplify and start your career today