Apple is the Most Giant IT Company in the World — and it has the cash on hand to prove it.But even before the iPhone revitalized the company in 2007, Apple had a rich and storied history as one of the first companies to make it really big in Silicon Valley.

Here are things you probably didn’t know about Apple, from its clothing line to Bill Gates to its serious financial trouble.

  1. Apple was founded on April 1 ( April Fool’s Day) in 1976. It wasn’t until 2011’s posthumous biography “Steve Jobs” that we found out where it got its name: Turns out, Steve Jobs had been on a “fruitarian” kick and just really liked apples.
  2. Apple is the World’s largest IT company by revenue and total assets, and the world’s second largest mobile phone manufacture
  3. Apple had a third cofounder named Ronald Wayne, who left the company less than a year later in 1977. Wayne designed the company’s first logo, seen below. He ended up selling Jobs and Wozniak his stake in Apple for $800.
  4. When Steve Jobs accused Bill Gates of stealing from Apple, Gates said, “I think it’s more like we both had this rich neighbour named Xerox and I broke into his house to steal the TV set and found out that you had already stolen it.
  1. Apple has Over 115,000 employees around the world.
  2. Apple earns US$300,000 per minute
  3. Every Apple iPhone ad display the time as 9:41 AM, the time steve jobs unveiled it in 2007
  4. The world’s most expensive iPhone 5 was worth US$15 million. It was made of 135 grams of 24-carat and the chassis was inlaid with 600 white diamond.
  5. In 2009, Apple sold 40 million iPhones. That’s 4,583 sold per hour, 76 per minute, or 1.27 per second. The iPhone is sold in 89 countries.
  6. There were 250 million iPods, 43 million iPhones, and 32 million iPod touches(a.k.a. -itouches) sold as of March 22, 2010.

By Unique Aryal

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