Apple is the much valuable 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 1 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.

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.

Apple is the World’s largest IT company by revenue and total assets, and the world’s second largest mobile phone manufacturer

Apple had a third co-founder 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.

When Steve Jobs accused Bill Gates of stealing from Apple, Gates said, “I think it is just like we both had this wealthy neighbor named Xerox & I broke into his home to take the TV set & found out that you had already taken it.

Apple has Over 115,000 employees around the world.

Apple earns US$300,000 per minute

Every Apple iPhone and display the time as 9:41 AM, the time Steve Jobs unveiled it in 2007

The world’s high expensive iPhone five was worth US$15 million. It has made of 135 grams of 24-carat, and the chassis was inlaid with 600 white diamond.

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.

There were 250 million iPods, 43 million iPhones, and 32 million iPod touches(a.k.a. -touches) sold as of March 22, 2010.


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