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A Brief History of Apple and Why I Would Sell My Apple Stocks

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Apple was founded by Steve Jobs and Steve Wozniak on April 1, 1976. The company's initial goal was to create and sell individual computers for consumers. Steve Wozniak acted as the primary inventor for the computer when the company was at its infancy. Wozniak was the creator of the Apple I the prototype for the computer which consisted of an assembled circuit board. Apple II further advanced the computer which included color graphic, making it the very first computer to come pre-assembled. The changes made it more desirable for a larger group of consumers which soon began demanding more and more of the product. However, competition grew quickly with the creation of computers by companies like Microsoft which began to saturate the market with their own version of the computer. Microsoft’s Windows 3.0 , unlike the Apple computer, was operable with any computer type which caused a drop in sales for Apple. Yet, Apple was able to create a computer of high quality in the form of the PowerMac, an extremely fast processor, making it the best computer in the market. Once again, the company Apple rejoined the race to create the latest product deeming it a major competitor. Apple is now credited to be one of the largest technology companies in the world. Today, Apple creates and sells much more than computers. Apple has released the popular digital music players (iPod) replacing the older mp3 players. The company owns the online music store, iTunes, available for all its many products including the iPod in all it’s generations (versions) from the first generation iPod scroll wheel released in 2001 to the seventh generation touch screen iPod nano released in 2012. Apple has also revolutionized the phone in it’s many generations of iPhones.... ... middle of paper ... ...ere to switch management I would sell my stocks because the company would become unstable as it tries to figure things out. If Apple were to sell a bad product I would also sell my stocks in order to cut my losses. Works Cited "Behind Janet Yellen's Inflation Dilemma." CNBC. Web. 4 Apr. 2014. . "Ukraine Crisis Sends Stock Markets Sliding; Russia's MICEX Tumbles 11% - as It Happened." Guardian Business Live. Web. 4 Apr. 2014. . De-Witt, Philip E. "Live: Apple Q2 Results Are In. Shares to Be Split 7 for 1." CNN Money, 23 Apr. 2014. Web. 4 Apr. 2014. . "KRFT Earnings Date." NASDAQ. Web. 4 Apr. 2014. .
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