Apple Inc. is an American multinational corporation that designs and sells consumer electronics, computer software, and personal computers. It was founded on April 1, 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne in Cupertino, California. The company was named Apple Computer, Inc. for its first 30 years. The word "Computer" was removed from its name on January 9, 2007, as its traditional focus on personal computers shifted towards consumer electronics.
The company's best-known hardware products are the Macintosh line of computers, the iPod, the iPhone and the iPad. Its software includes the OS X and iOS operating system; the iTunes media browser; and the iLife and iWork creativity and production suites. Apple is the world's third-largest mobile phone maker after Samsung and Nokia.
Fortune magazine named Apple the most admired company in the United States in 2008, and in the world from 2008 to 2012. However, the company has received widespread criticism for its contractors' labor, and for its environmental and business practices.