Apple was founded on April 1, 1976, by Steve Jobs, Steve Wozniak, and Ronald Wayne. Initially focused on personal computers, the company revolutionized the industry with the launch of the Apple II in 1977, one of the first highly successful mass-produced microcomputer products. After facing challenges in the 1990s, Apple regained its footing with the introduction of the iMac in 1998, followed by the iPod in 2001 and the iPhone in 2007, which transformed the smartphone market. Today, Apple is one of the most valuable companies in the world, known for its strong brand loyalty and innovative technologies.