Apple Inc. released the first generation iPad, a tablet computer.
The first-generation iPad ( EYE-pad) is a tablet computer designed and marketed by Apple Inc. as the first device in the iPad lineup of tablet computers. The device features an Apple A4 SoC, a 9.7" touchscreen display, and, on certain variants, the capability of accessing cellular networks. Using the iOS operating system, the iPad can play music, send and receive email and browse the web. Other functions, which include the ability to play games and access references, GPS navigation software and social network services can be enabled by downloading apps.
The device was announced and unveiled on January 27, 2010, by Steve Jobs at an Apple press event. On April 3, 2010, the Wi-Fi variant of the device was released in the USA, followed by the release of the "Wi-Fi + 3G" variant on April 30. On May 28, 2010, it was released in Australia, Canada, France, Japan, Italy, Germany, Spain, Switzerland and the UK.
The device received positive reviews from various technology blogs and publications. Reviewers praised the device for its wide range of capabilities and labeled it as a competitor to laptops and netbooks. Some aspects were criticized, including the closed nature of the operating system and the lack of support for the Adobe Flash multimedia format. During the first 80 days, 3 million iPads were sold. By the launch of the iPad 2, Apple had sold more than 15 million iPads.
On March 2, 2011, the first generation iPad was discontinued following Apple's announcement of the iPad 2. Remaining stock of the first iPad were temporarily available from Apple at reduced price.
Apple Inc. is an American multinational technology company that specializes in consumer electronics, software and online services. Apple is the largest information technology company by revenue (totaling US$365.8 billion in 2021) and, as of January 2021, it is the world's most valuable company, the fourth-largest personal computer vendor by unit sales and second-largest mobile phone manufacturer. It is one of the Big Five American information technology companies, alongside Alphabet, Amazon, Meta, and Microsoft.
Apple 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. It was incorporated by Jobs and Wozniak as Apple Computer, Inc. in 1977 and the company's next computer, the Apple II became a best seller. Apple went public in 1980, to instant financial success. The company went onto develop new computers featuring innovative graphical user interfaces, including the original Macintosh, announced in a critically acclaimed advertisement, "1984", directed by Ridley Scott. By 1985, the high cost of its products and power struggles between executives caused problems. Wozniak stepped back from Apple amicably, while Jobs resigned to found NeXT, taking some Apple employees with him.
As the market for personal computers expanded and evolved throughout the 1990s, Apple lost considerable market share to the lower-priced duopoly of the Microsoft Windows operating system on Intel-powered PC clones (also known as "Wintel"). In 1997, weeks away from bankruptcy, the company bought NeXT to resolve Apple's unsuccessful operating system strategy and entice Jobs back to the company. Over the next decade, Jobs guided Apple back to profitability through a number of tactics including introducing the iMac, iPod, iPhone and iPad to critical acclaim, launching memorable advertising campaigns, opening the Apple Store retail chain, and acquiring numerous companies to broaden the company's product portfolio. Jobs resigned in 2011 for health reasons, and died two months later. He was succeeded as CEO by Tim Cook.
Apple became the first publicly traded U.S. company to be valued at over $1 trillion in August 2018, then $2 trillion in August 2020, and most recently $3 trillion in January 2022. The company sometimes receives criticism regarding the labor practices of its contractors, its environmental practices, and its business ethics, including anti-competitive practices and materials sourcing. Nevertheless, the company enjoys a high level of brand loyalty, and is ranked as one of the world's most valuable brands.