![]() ![]() 18, Apple held its second product launch event of the fall. However, the company is in the midst of a major upgrade cycle with its 5G iPhones. The game-changing smartphone, which debuted in 2007, sparked years of massive growth and created a loyal base of customers willing to buy Apple products and services.īut iPhone sales have slowed as users hold on to their handsets for longer periods between upgrades. The biggest driver of Apple’s modern success is the iPhone. Then it reinvented the PC in the 1980s with the Macintosh.Ĭo-founder Steve Jobs returned to run Apple in 1997 and oversaw a winning streak of innovations that included the iMac, iPod, iTunes, iPhone, iPad and the App Store. ![]() First, it ignited the personal computer revolution in the 1970s with the Apple II. But with a recent dip in Apple stock, many investors are wondering if AAPL stock is a buy right now.Īpple has been an American success story several times over. Apple ( AAPL) saw its shares surge into record high territory three weeks after the consumer electronics giant’s June-quarter earnings report. ![]()
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