Apple Inc. (NASDAQAAPL; formerly Apple Computer, Inc.) is an American multinational corporation that designs and sells consumer electronics, computer software, and personal computers. The company's best-known hardware products are the Macintosh line of computers, the iPod, the iPhone and the iPad. Its software includes the Mac OS X operating system; the iTunes media browser; the iLife suite of multimedia and creativity software; the iWork suite of productivity software; Aperture, a professional photography package; Final Cut Studio, a suite of professional audio and film-industry software products; Logic Studio, a suite of music production tools; the Safari web browser; and iOS, a mobile operating system. Apple is the world's third-largest mobile phone maker after Samsung and Nokia.[5]
As of July 2011, Apple has 364 retail stores in thirteen countries,[6] and an online store.[7] It is the largest publicly traded company in the world by market capitalization, [8] [9] as well as the largest technology company in the world by revenue and profit, more than Google and Microsoft combined.[10][11] As of September 24, 2011, the company had 60,400 permanent full-time employees and 2,900 temporary full-time employees worldwide;[4] its worldwide annual revenue in 2010 totalled $65 billion, growing to $108 billion in 2011.[3]
Fortune magazine named Apple the most admired company in the United States in 2008, and in the world from 2008 to 2012.[12][13][14][15][16] However, the company has received widespread criticism for its contractors' labor, and for its environmental and business practices.[17][18]
Established on April 1, 1976 in Cupertino, California, and incorporated January 3, 1977,[19] the company was named Apple Computer, Inc. for its first 30 years. The word "Computer" was removed from its name on January 9, 2007,[20] as its traditional focus on personal computers shifted towards consumer electronics.[21]

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