Apple went public in 1980, to instant financial success. in 1977 and the company's next computer, the Apple II, became a best seller. It was incorporated by Jobs and Wozniak as Apple Computer, Inc. It is one of the Big Five American information technology companies, alongside Alphabet, Amazon, Meta, and Microsoft.Īpple was founded as Apple Computer Company on April 1, 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne to develop and sell Wozniak's Apple I personal computer. Apple is the largest technology company by revenue (totaling US$365.8 billion in 2021) and as of June 2022, it is the world's biggest company by market capitalization, the fourth-largest personal computer vendor by unit sales and second-largest mobile phone manufacturer. is an American multinational technology company that specializes in consumer electronics, software and online services headquartered in Cupertino, California, United States. As with the Mac, the renewing coverage must be purchased within 30 days of the original coverage end date.Apple Inc. Part of Apple’s terms and conditions on this says the company will automatically cancel your plan (and provide 60 days’ notice) if it doesn’t have the necessary parts anymore.ĪppleCare Plus falls under Apple’s services division, so giving customers the option to stretch out their warranties means more peace of mind for them - and more revenue for Apple.Īpple’s extended warranty for iPhone, iPad, and Apple Watch can also be converted into continued monthly coverage for customers who bought upfront coverage, which normally covers those products for a total of two years. Presumably this new policy means that Apple will continue to support covered Macs for as long as it has repair parts for a given machine. Either way, it’s far cheaper than paying for out-of-warranty repairs or buying a new Mac altogether. More severe damage (like water incidents) have a deductible of $299. Accident claims require a $99 deductible for a damaged display or external damage. More peace of mind for you, more revenue for AppleĪppleCare Plus covers up to two incidents of accidental damage each year.

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