Apple Net Worth is$108 Billion
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Nicknames: Apple, Apple Computer Company, Apple Computers
What is Apples net worth? The history of Apple Inc. is the stuff of corporate legend. As of 2011, Apples net worth was over 108 billion dollars. The rise, fall, and rise again of the company, has been chronicled in magazines, books, and television movies. When primary founder, Steve Jobs, passed away in October of 2011, people around the world mourned his death publicly. The success of the company is of such, that there was a short amount of time during the debt-ceiling crisis that Apple, Inc. actually had a greater amount of money in their reserves than the US government. The company employs approximately 60,000 people around the world full-time, and another 3.000 part-time. Launched by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, the company struggled initially, running up against Commodore, Tandy, and then IBM and Microsoft, who became their biggest, continual rivals. The launch of the Macintosh, developed by Jobs, in 1984, proved successful, but did not last, and after a round of infighting, Steve Jobs was kicked out of the company a year later. For the next few years, the company would experience major ups and downs, with a brief period of success in the late 80s and early 90s. It was not until the late 90s, when Steve Jobs returned to run the company, that they finally started their rise to technological power. With the introduction of the all-in-one iMac in 1998, an entirely new era began for Apple. Since then, they have continued to expand their product line, introducing such massively popular products as the iPod, the iPhone, the MacBook Air, and the iPad. The company has been viewed as exemplary for many years, but recently came under fire for conditions in its overseas factories.
The apple is the pomaceous fruit of the apple tree, species Malus domestica in the rose family (Rosaceae). It is one of the most widely cultivated tree fruits, and the most widely known of the many members of genus Malus that are used by humans. Apples grow on small, deciduous trees. The tree originated in Western Asia, where its wild ancestor, Malus sieversii, is still found today. Apples have been grown for thousands of years in Asia and Europe, and were brought to North America by European colonists. Apples have been present in the mythology and religions of many cultures, including Norse, Greek and Christian traditions. In 2010, the fruit's genome was decoded, leading to new understandings of disease control and selective breeding in apple production.
There are more than 7,500 known cultivars of apples, resulting in a range of desired characteristics. Different cultivars are bred for various tastes and uses, including in cooking, fresh eating and cider production. Domestic apples are generally propagated by grafting, although wild apples grow readily from seed. Trees are prone to a number of fungal, bacterial and pest problems, which can be controlled by a number of organic and non-organic means.
At least 55 million tonnes of apples were grown worldwide in 2005, with a value of about $10 billion. China produced about 35% of this total. The United States is the second-leading producer, with more than 7.5% of world production. Iran is third, followed by Turkey, Russia, Italy and India. Apples are often eaten raw, but can also be found in many foods (especially desserts) and drinks. Many beneficial health effects have been found from eating apples; however, the seeds are slightly poisonous and two forms of allergies are seen to various proteins found in the fruit.
The apple forms a tree that is small and deciduous, reaching 3 to 12 metres (9.8 to 39 ft) tall, with a broad, often densely twiggy crown. The leaves are alternately arranged simple ovals 5

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