Apple created the iPhone, which was introduced in 2007 and became central to the company’s market value.
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976. It first became known for personal computers, including the Apple II and Macintosh, before expanding into mobile devices and digital services.
The iPhone combined a mobile phone, touchscreen interface, internet access, and media functions in one product. Its success helped Apple grow beyond hardware sales into a large ecosystem of apps, subscriptions, accessories, and services.
A common mix-up is confusing Apple with Samsung, another major smartphone maker. Apple’s market capitalization reflects investor expectations about its entire business, not the value of the iPhone alone.