Apple Inc. (NASDAQ:AAPL) is set to mark its 50th anniversary on April 1. On Thursday, Apple CEO Tim Cook thanked everyone, drawing a reaction from Elon Musk.
Tim Cook Looks Ahead To Apple’s Golden Milestone
In a blog post that was shared on X, Cook reflected on Apple’s journey from a small garage startup to one of the world’s most influential technology companies.
“Fifty years ago in a small garage, a big idea was born. Apple was founded on the simple notion that technology should be personal, and that belief — radical at the time — changed everything,” he said.
Cook highlighted Apple’s iconic products, from the original Apple computer and Mac to the iPhone, iPad, Apple Watch and AirPods, as well as digital services like the App Store, Apple Music, Apple Pay, iCloud and Apple TV.
He said that the real impact comes from users: “Every invention we bring into the world is just the beginning of a story. The most meaningful chapters are written by all of you — the people who use our technology to work, learn, dream, and discover.”
Elon Musk Congratulates Apple
Musk responded to Cook’s post with a brief message, saying, “Congratulations.”
Apple’s Record-Breaking Performance
Apple currently has a market capitalization of $3.76 trillion.
In its fiscal first quarter of 2026, the company reported revenue of $143.76 billion, beating analyst estimates of $138.42 billion, with earnings of $2.84 per share, ahead of forecasts of $2.66.
Product revenue totaled $113.74 billion, up from $97.96 billion year-over-year, while services revenue reached $30.01 billion, up from $26.34 billion.
Price Action: Apple closed at $255.76 on Thursday, down 1.94%. In pre-market trading, at the time of writing, it is showing a slight dip to $255.38, down 0.15%, according to Benzinga Pro.
According to Benzinga Edge Stock Rankings, AAPL shares are showing a downward trend across short, medium and long-term periods, even though the company’s Quality score ranks in the 94th percentile.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock
Recent Comments