Apple launched the iPhone in 2007 and became one of the world's largest companies by market capitalization.
Apple introduced the original iPhone on January 9, 2007, and released it in the United States on June 29 that year. The device combined a mobile phone, an iPod, and internet features in a touchscreen design, helping reshape the smartphone market.
Apple was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Its later market-capitalization growth was driven by the iPhone, services such as the App Store, and products including the Mac, iPad, and Apple Watch.
A common mix-up is confusing Apple with the company that manufactured particular iPhone components. Apple designs and markets the iPhone, while production involves a global network of suppliers and contract manufacturers.