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Apple's 50-year journey from garage to tech titan

Apple’s services business and iPhone sales keep driving revenue as the company faces slower AI progress, tariff pressure and competition from China.

  • Apple marks its 50th anniversary on Wednesday, celebrating its evolution from a Silicon Valley garage startup to a $3.7 trillion market-value giant.
  • Steve Jobs and Steve Wozniak founded Apple Computer Co. on April 1, 1976, in California, with adviser Ron Wayne holding a 10% stake before relinquishing it for $2,300.
  • Following his 1997 return, Jobs masterminded a decade of innovation, launching the iPod and iPhone, which have sold more than 3 billion units since 2007.
  • CEO Tim Cook has stewarded the company since Jobs's death, expanding its services business and hardware lineup while introducing products like the Vision Pro.
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elfinancierocr.com broke the news in Costa Rica on Saturday, March 28, 2026.
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