Which company introduced the iPhone in 2007 and became one of the world's most valuable companies by market capitalization?

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Apple introduced the iPhone in 2007 and became one of the world's most valuable companies by market capitalization.

Apple was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Its early success came from personal computers, especially the Apple II and Macintosh. The company later expanded into music players, smartphones, tablets, wearables, software, and digital services.

The iPhone, unveiled by Jobs on January 9, 2007, combined a mobile phone, an iPod, and an internet communicator in one touchscreen device. It transformed Apple's business and created a large ecosystem of apps and services.

Apple is often confused with Apple Records, the British record label associated with the Beatles. They are separate organizations. Apple Inc. is headquartered in Cupertino, California, and trades publicly under the ticker symbol AAPL.

Source: Wikipedia · fact-checked Oct. 2026

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