Apple’s new real estate is located in Cupertino, California at 1 Apple Park Way. The parking for this land can hold 14,200 and the land cost was estimated at $5 billion. Their campus is quite impressive real estate. Here’s some information about the company and why they’re in the news:
Apple Inc. is an American multinational company that designs, produces, and sells personal computers and consumer electronics. It also provides software services. The company was founded by Steven Paul Jobs, Stephen G Wozniak and Ronald Gerald Wayne in 1976 and is headquartered in California.
Apple’s simplistic designs and technical innovation has made it one of the most popular brands in the world. It strives to continuously create new products by using its own software, hardware, and operating system.
Apple has its own website and retail store for selling its products. The products are also distributed through indirect channels that generate around 70% of the company’s revenue. The indirect channels include resellers, third-party retailers and network carriers such as AT&T and Verizon.
The company was on the verge of bankruptcy in 1997 and Steve Jobs is largely credited for reviving it. Jobs is known as a tech guru and was widely respected for his business acumen. He had a net wort of around $ 6 billion in 2010 and came 42nd on the list of richest people in America. Under his leadership Apple created a range of products that became highly popular and went on to capture a large market share.
Apple has purchased large amounts of real estate in each state in the US to ensure that they have apple stores accessible to everyone. In addition, their land acquisitions help them expand.
Following are the most popular products manufactured by Apple:
Macintosh popularly known as Mac is a range of personal computers developed and marketed by Apple since 1984. It runs on Mac operating system (MacOS). Mac was the first computer to have graphical user interface and it enabled people to use devices and programs with ease.
In 2005, the company launched its popular range of computers powered by Intel. The computers were known as MacBook, MacBook Pro, and iMac. The new models were created to replace PowerBook, iBook and Power Mac. These Intel powered models have been updated continuously as newer versions hit the market from time to time.
The first iPhone was launched in 2007 and since then it has been one of the most popular smartphones in the world. The iPhone brings together an iPod, a computer, a digital camera and smartphone into one device that has a touchscreen interface. The iPhone is credited for its sensitive touch and runs on iOS, which is an operating system designed and sold by Apple.
In 2017 the company launched iPhone X, iPhone 8, and iPhone 8 Plus. Apple made some significant improvements in its technology and the iPhone 8 models were positioned as the new versions of the previous phones. However, Apple envisioned iPhone X as the first in the series of next decade phones. The new features included the A11 bionic chip with artificial intelligence, a high-resolution display and a camera with better quality. iPhone X has a Face ID feature for unlocking the phone and OLED screen technolog. Also, the smartphone has a bezel-less design and a steel and glass form factor.
iPad is a series of tablets manufactured and marketed by Apple. The first iPad was launched in 2010 and the device has a multi-touch screen with a virtual keyboard. iPad was designed as an ideal tablet for sending emails, browsing the web, and enjoying music and videos. The difference between an iPad and a tablet is that the iPad runs on iOS where as other tablets run on Android.
Apple released iPod, its very first portable music player in 2001. The iTunes software created by Apple is used to transfer music, photos, and videos. The iPhone and the iPad have the same media players as that of an iPod, however, they are viewed as separate products.
In the 2018 fiscal year the annual global revenue of Apple was $265 billion. Apple continues to be the largest IT company in the world in terms of revenue. It is also the third largest manufacturer of mobile phones in the world.
Lamborghini made the news once again with another brilliant car design that’s blowing away user expectations, albeit for a ridiculous price.
Automobili Lamborghini S.p.A. is an Italian company that manufactures SUVs and sports cars. The company was founded in 1963 by Italian manufacturing tycoon Ferruccio Lamborghini. The aim was to come up with a sophisticated touring car that can compete with other luxury car brands such as Ferrari. Lamborghini is headquartered in Sant’Agata Bolognese, Italy. The present CEO of the company is Stefano Domenicali.
The company also provides servicing and maintenance of its cars. These luxury cars are sold through a network of dealerships around the world. The company’s logo is a raging bull and many of the cars are named after fighting bulls such as Diablo, Miura, Murcielago, and Gallardo.
Rumor has it that Francisco Lamborghini once owned a Ferrari and he was facing an issue with its clutch. When Lamborghini reported the matter to the owner of Ferrari, it did not go down well with him. After the disagreement Lamborghini took it as a challenge to come up with luxury sports cars that work better than Ferrari.
In 1963 Ferruccio Lamborghini set up a state-of-the-art facility to manufacture high performing sports cars. Lamborghini 350GT was launched in the same year and became instantly popular. The company launched its first sports car called Miura Sports Coupe in 1966, a two-seater that could go beyond 185 mph. The luxury sports car was in high demand by the end of 1960s. Its impressive design and performance became an instant hit with sporting enthusiasts and celebrities alike. Ferruccio Lamborghini retired from the company in the year 1973 and moved to Umbria where he went on to establish an automobile museum.
Lamborghini was sold in 1964 to Georges Henri Rosetti and Rene` Leimer. The company went bankrupt in 1978 and was bought by Patrick Mimran in 1980. Patrick Mirman is widely known for saving Lamborghini as he invested large sums in its expansion and added newer models such as LM002 and Jalpa Sports Car that were in high demand.
Though the brand is immensely popular for luxury sports cars, Lamborghini also produces motorbikes and marine engines. The most popular cars manufactured by the company include Espada, Jelpa, Urraco, Reventon, Gallardo, Sesto Elemento, Diablo, Countach, Veneno, and Miura. The latest cars developed by the company are Huracan and Aventador. The Aventador has two models named Roadster and LP700-4 Coupe respectively.
The company manufactured a few motorcycles in 1980s and they were called Design 90. Lamborghini collaborated with Boxer, a French motorcycle company to come up with six protypes of Design 90. The bikes had a fiberglass body and were designed after Lamborghini Countach, which was launched in 1988. Lamborghini has also been successful in developing marine engines.
Lamborghini was bought by the German company Audi in the year 1998. This led to Audi AG solely owning the company Automobili Lamborghini. After the takeover Lamborghini was finally able to find stability. In 2003, the company produced Gallardo, which was equipped with a V 10 engine. In the year 2008, Lamborghini manufactured 2,430 cars and the majority among them comprised the hot selling car Gallardo. Around 600 of these cars belonged to the flagship model Murcielago.
Till date Lamborghini has one of the most unique and striking modern designs for sports cars. The designs look similar to fighter planes with their steel cut body. The cars continue to be incredibly fast as a Lamborghini Huracan made a new top speed record with a speed of 259.67 mph in the Shift Sector Pikes Peak Airstrip Attack in Colorado.