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Apple And Its Major Milestones Through The Years

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Apple, the technological revolution that changed the world of smartphones, reached its 1 trillion dollars mark early yesterday. Monumental in idea, thought and creativity, Apple is a true ground breaker in more ways than one can imagine, with the trillion dollar valuation validating its success. The phone has been a part of several major product launches and with each new launch, the company grows stronger. Taking stock of the very many challenges Apple faced through the years, here is a timeline of all the products launched by this revolution.

1976

This was the day when history was created. Apple Computer Company was founded in a garage by Steve Wozniak, Steve Jobs and Ronald Wayne in Jobs’s garage! Less than a year later, Wayne sells 10% of his stake for $ 800.

1976

Apple I, the first ever computer to be made by Apple Computer, becomes the first ever system to come without a keyboard. Little more than just a circuit board, the computer was hand made by Wozniak.

1997 

Post the moderate success of the first ever Apple computer, Jobs launched the Apple 2 at a computer fair. This particular computer created the foundation for the floppy drive.

1984

Apple launches the first ever Macintosh computer, paving the path for Apple’s “Think Different” era.

1985

Despite the Macintosh’s initial success, the product sales dropped drastically. In light of the failure, Jobs has an out and out war with Chief Executive Officer, Sculley. The result of the war? Jobs is fired, leading him to start the one and only competitor of the Macintosh, NEXT.

1993

Apple’s ill fated Newton tabled faced severe criticism. In fact, the moment it was launched, it faced so much criticism that it was ridiculed even on The Simpsons! Sculley was removed as the CEO and was replaced by Gil Amelio in the year 1996. Amelio buys NEXT from Jobs and invites him back to Apple.

1997 

The moment Jobs returned to Apple, he worked with the graphics team to launch the iMac in 1997! With strong influences from Jony Ive, the first Mac was a huge success!

2001 

The first iPod was announced in the year 2001. With major influences from the iMac, the iPod promised storage space for 1,000 songs with a battery life lasting for longer than 24 hours!

2003 

With Jobs, Apple jumped by leaps and bounds. In the year 2003, Apple launched the Power Mac G5. At that time, it  was touted as the fastest computer ever built.

2006

Apple dumped PowerPC processors for the faster, more energy efficient x86 chips from Intel in 2006. The iBook, PowerBook and Power Mac were out, replaced by the MacBook (pictured), the MacBook Pro and Mac Pro, which still form the basis for Apple’s computers today. The iMac survived with just its chips changed over in its now familiar thin, flatscreen design.

2008 

The year 2008 was the age of revolution and change for Apple. The company invented an entirely new range of computeres called “Ultrabooks” in partnership with Intel. Even though the first MacBgook in the series was slow, the Ultrabooks paved the road for a bright new future for Apple.

2010

Remember the 1993 Newton Tablet that failed miserably? Apple introduced the iPad in the year 2010, keeping in tune with the Newton’s line. The iPad was supposed to be a precursor to the iPhone but due to lack of enough research, the iPad failed to see the light of the day.

2011

After a long battle with pancreatic cancer, Apple’s founder and driving force, Steve Jobs, died at the age of 56. It was a turning point for the company. Tim Cook, the former head of operations and interim CEO of Apple, took over as Jobs stood down six weeks before he died.

2015 

Progressing from the world of phones and tablets, Apple launched the Apple Watch. Soon after its release, the Watch became the most popular watch in recent history, outselling its rivals from Samsung, LG, Sony and Pebble.

2018 

Close to 45 years after its inception, Apple becomes the first company in the world to reach the trillion dollar valuation, making it the highest market company at the moment. Going from near bankruptcy to the forerunner of innovation and invention, Apple certainly has come a long way. If you think we missed out anything about this company’s journey, comment and let us know!

 

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OYO Achieves Record Profitability in FY25 with Deferred Tax Boost and New Corporate Identity

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OYO, India’s leading hospitality startup, has retained strong profitability in FY25, driven by a significant deferred tax gain and a bold corporate identity overhaul. The company’s net profit surged to ₹623 crore, marking a 172% year-on-year growth, with adjusted EBITDA reaching ₹1,132 crore a 27% increase from the previous fiscal. Total revenue rose by 20% to ₹6,463 crore, propelled by strategic expansion in premium segments and the integration of G6 Hospitality into OYO’s growing portfolio.

The deferred tax gain of ₹765.6 crore played a crucial role in OYO’s profitability for FY25, helping overcome challenges from operational losses and global expansion costs. Meanwhile, OYO launched a campaign to rename its parent company, Oravel Stays Ltd, aiming for a tech-first, globally resonant brand identity as the business prepares for its IPO. This rebranding signals OYO’s shift toward broader urban living solutions, with the “OYO Hotels” brand remaining unchanged for consumers while the corporate entity targets premium and tech-driven markets worldwide.

OYO’s premiumization strategy and aggressive international growth have led to record results for the fourth quarter of FY25, with gross booking value surging 54% to ₹16,436 crore and revenue hitting new highs. These achievements highlight OYO’s disciplined financial management and commitment to innovation, setting a benchmark for Indian startups navigating global expansion and sustained profitability in the hospitality technology sector.

 

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MPL to Lay Off 60% of India Workforce Following Online Gaming Ban

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Mobile Premier League (MPL), one of India’s top online gaming platforms, is set to lay off about 60% of its India workforce following the government’s ban on paid online games. The move, confirmed by MPL CEO Sai Srinivas through an internal email, will impact around 300 employees across multiple departments including marketing, finance, operations, engineering, and legal. This decision comes as a direct result of the Promotion and Regulation of Online Gaming Bill, 2025, which restricts paid online games involving monetary stakes to address concerns over financial risks and addiction among young users.

India contributed nearly half of MPL’s revenues, estimated at around $100 million in the 2024-25 fiscal year. With the ban on paid gaming, MPL’s primary revenue source in India has been effectively cut off, prompting the company to shift focus towards free-to-play games and expand its presence in overseas markets such as the United States and Brazil. Despite the layoffs, MPL has pledged to support the affected employees through the transition period. CEO Sai Srinivas expressed regret over the downsizing but highlighted the company’s commitment to developing new business models for the Indian market amid the regulatory changes.

This development significantly disrupts the Indian online gaming industry, which was on track to grow into a $3.6 billion sector by 2029 before the introduction of the ban. While competitors like Dream11 have adapted by discontinuing paid games and avoiding layoffs, the ban has forced many gaming startups in India to rethink their operations. The government’s regulation targets all games involving real money stakes, including fantasy sports and popular card games like rummy and poker, reshaping the future landscape for the country’s gaming ecosystem and its workforce.

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NCLT Approves Amalgamaxtion of Info Edge Subsidiary Makesense with PB Fintech

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Info Edge - PB

The National Company Law Tribunal (NCLT) has granted approval for the amalgamation of Info Edge’s subsidiary, Makesense Technologies, with PB Fintech as of August 29, 2025, in a significant move for India’s fintech sector. This strategic merger aligns with Info Edge’s ongoing focus on streamlining its corporate structure and supports PB Fintech’s growth trajectory as the operator of leading platforms such as Policybazaar and Paisabazaar. The amalgamation, cleared by NCLT’s Chandigarh bench, took place without winding up either company, enabling a seamless blending of assets and expertise for greater operational efficiency.

In the specifics of this deal, Makesense Technologies—holding a 13.04% stake in PB Fintech as of June 2025—will see its shareholders allotted 59,750 equity shares and 60,030 compulsorily convertible preference shares from PB Fintech, with no change to Info Edge’s underlying economic interest. The consolidation is expected to cut compliance and administrative costs, simplify the equity structure, and enable both companies to focus on core business strengths without duplication of resources. This move is designed to strengthen PB Fintech’s position in India’s fast-evolving fintech and insurance market, while keeping Info Edge’s investment objectives intact.

The NCLT-approved merger highlights a broader trend of consolidation within India’s tech-driven industries, as major players seek to boost competitiveness and achieve sustainable growth through mergers and amalgamations. Stakeholders—including shareholders and employees—are set to benefit from the new, streamlined structure, increased transparency, and the promise of enhanced value creation going forward. The unification of Makesense Technologies and PB Fintech is expected to make a positive impact on the broader fintech ecosystem, reinforcing both companies’ leadership and innovation agendas.

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