Is Apple an LLC or Corporation? Overview of Apple Inc.

Apple Inc. is a multinational technology company designing consumer electronics and software products like Macintosh computers, the iPod and the iPhone. Incorporated on January 3, 1977, in California by Steve Jobs and Steve Wozniak, Apple was formerly known as Apple Computer Inc. As of March 2023, Apple is the world’s largest company by market capitalization.

With US$394.3 billion revenue in 2022, Apple is the largest technology company. As of June 2022, Apple is the fourth-largest personal computer vendor and second-largest mobile phone manufacturer.

Apple Inc. utilizes an LLC structure to optimize its tax strategies. The company is a publicly traded Delaware corporation listed on the NASDAQ after its 2004 IPO. Majority ownership of Apple shares are controlled by institutional investors.

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