Hello, I'm an expert in corporate structures and market dynamics. Let's dive into the topic of whether Apple is part of the private or public sector.
Apple Inc. is a
publicly traded company, which means that it has issued shares of stock that are available for anyone to buy or sell on a stock exchange. This is a key characteristic of a public sector company, as opposed to a private company which does not offer its shares to the general public. Apple's stock is listed on the NASDAQ stock exchange under the ticker symbol AAPL.
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976 and went public in December 1980, making it one of the most well-known and valuable companies in the world. Being a public company allows Apple to raise capital by selling shares, which can be used for various business operations such as research and development, marketing, acquisitions, and other investments.
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