Apple

Headquarters

Cupertino, California, USA

Website

www.apple.com

Employees

166,000 (FY2025 10-K)

Founded

1976

Listing

AAPL · NASDAQ

Market Cap

$4.95T

Revenue (TTM)

$451.44B

Price

USD336.91 (+3.16%)

Dependency

• MP Materials: Apple has a long-term supply contract with MP Materials for rare earth magnet materials, part of its push to diversify away from China-dependent supply chains.
• Alibaba: Apple Intelligence in China is powered by Alibaba's Qwen model, approved by China's Cyberspace Administration in mid-July 2026, given Apple's requirement to use a China-approved AI model in that market.
• Texas Instruments: Apple is among Texas Instruments' broad customer base for analog and embedded chips.
• Arm Holdings: Apple licenses Arm's architecture for its custom silicon across iPhone, Mac and other devices.
• Intel: Apple reportedly agreed to work with Intel Foundry to design and manufacture chips domestically, a potential major design win still pending formal confirmation as of mid-2026.
• Taiwan Semiconductor Manufacturing Company: Apple depends on TSMC as its exclusive chip fabricator for iPhone, Mac and custom silicon.
• Alphabet (Google): Apple depends on Google's Gemini AI models to power an updated version of Siri, following delays in developing its own large language model capable of matching competitors.
• Broadcom: Apple and Broadcom extended their chip partnership through 2031 in a $30 billion deal announced July 2026, Apple's largest US manufacturing commitment to date, covering specialized chips for iPhones and Apple's Apple Intelligence server stack. Apple is separately reported to be pursuing AI chip startup acquisitions after delays to its in-house 'Baltra' AI server chip.

Development

• AI Edge Computing: Apple's Neural Engine (in A-series and M-series chips) and Core ML framework enable on-device AI inference as a privacy- and latency-focused alternative to cloud-dependent AI processing.
• Tim Cook: Tim Cook has led Apple as CEO since 2011, overseeing its growth into a nearly $4 trillion company, and will transition to Executive Chairman on September 1, 2026.

Competition / Other

• Samsung Electronics: Apple and Samsung Electronics compete directly in premium smartphones and consumer devices, while Samsung also supplies Apple with components including memory and displays.
• Huawei: Huawei competes with Apple and Samsung Electronics in premium smartphones, particularly in the Chinese domestic market.
• Spotify: Spotify competes directly with Apple Music in music streaming and has been a vocal critic of Apple's App Store policies before EU antitrust regulators.
• Xiaomi: Xiaomi competes with Apple and Samsung in the global premium smartphone market.