Apple was founded on April 1, 1976, by Steve Jobs, Steve Wozniak, and Ronald Wayne in Cupertino, California. The company's first product was the Apple I, a computer hand-built by Wozniak and sold as a DIY kit. Following the success of the Apple II, the company went public in 1980, showcasing the potential of personal computers and making multimillionaires of its founders and investors. During the late 1980s and early 1990s, Apple faced challenges due to increased competition and strategic missteps. However, the company experienced a resurgence in the late 1990s after Steve Jobs returned as CEO. Under his leadership, Apple launched landmark products such as the iMac, the iPod, and the iPhone, transforming not only Apple's fortunes but also the technology landscape as a whole. Today, under the leadership of Tim Cook, Apple continues to be at the forefront of technology innovation.