Disney is a multinational entertainment and media conglomerate while Apple is one of the leading tech companies today. It specializes in consumer electronics and various online services.
Disney Net Worth vs. Apple
Disney and Apple are two of the largest companies in the world in terms of revenue. It is really interesting to know the net worth of the two companies.
As of 2022, Disney has a net worth of $97 billion USD while Apple has a net worth amounting to $3 trillion USD.
Disney History
Disney is an entertainment and media company based at the Walt Disney Studios complex in Burbank, California. It was founded by brothers Walt and Roy O. Disney on October 16, 1923, originally calling it Disney Brothers Cartoon Studio. Its name became Walt Disney Company in 1986.
It established itself as the leader in the animation industry before doing or going into live-action films and television production. Disney even has its own theme parks.
The company started with Alice comedies and then with Oswald the Lucky Rabbit which was produced by Winkler Pictures and distributed by Universal Pictures.
In 1928, after the loss of Oswald the Lucky Rabbit, Disney created the character of a mouse named Mortimer. The character’s name was later changed to Mickey Mouse. “Steamboat Willie” was Disney’s first sound film which starred Mickey Mouse.
Disney produced its first feature-length animated film in 1934, “Snow White and the Seven Dwarfs” which took three years to complete. The movie premiered in December 1937 and became the highest-grossing film in 1939. ”Cinderella” was released in 1950, “Alice in Wonderland” in 1951, and “Peter Pan” in 1953.
In 1950, Disney partnered with Coca-Cola productions for its first television venture. Several other animated films were released which cemented Disney as the leader in the animation industry.
On December 15, 1966, Walt Disney died and Roy took over as chairman and CEO of the company. On December 20, 1971, Roy then died of a stroke. The company was left under Donn Tatum, Card Walker, and Ron Miller.
In 1984, Michael Eisner from Paramount became the CEO and Frank Wells from Warner Bros. became the president. In 2005, Bob Iger continued Disney’s work as the company underwent expansion. Disney purchased Pixar for $7.4 billion.
Currently, Bob Chapek is the CEO of the company, replacing Iger.
Apple History
Apple Computer Company was founded on April 1, 1976, by Steve Jobs, Steve Wozniak, and Ronald Wayne. Their first product was the Apple I, a computer designed and hand-built by Wozniak. It was sold as a motherboard with CPU, RAM, and not yet as a complete personal computer.
Wayne then left and sold his shares of the company to Jobs and Wozniak, just two weeks after founding it. Mike Markkula provided funding during the incorporation of Apple. The Apple II was also created by Wozniak. On December 12, 1980, Apple went public, generating over $100 million.
Apple launched the Macintosh in 1984. It was the first personal computer to be sold without a programming language. In October 1990, the company introduced three lower-cost models – Macintosh Classic, the Macintosh LC, and the Macintosh IIsi.
On January 9, 2007, the first iPhone was released to the public. 270,000 iPhone units were sold in the first 30 hours.
On October 5, 2011, Steve Jobs died. Since then, Tim Cook became Apple’s CEO.
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