When one thinks of computer software, or of a leader in technological innovation Apple usually comes to mind first. Established as a small company on April 1, 1976 by Steve Jobs Apple has grown into a global giant. Whether one is looking for razor thin laptops, or innovative smart-phones, Apple has it all.

Apple is an entrepreneurial business, meaning it was founded by a person, Steve Jobs, and has produced new and innovative products, and has created new forms of organization. When apple started coming out with Macs and Ipods/Iphones there was a huge demand for such innovative products, which generated massive revenue. Apple fits the criteria of an entrepreneurial business as it has created substantial value over a short period of time, while taking on a lot of risk. It always risky to create new and innovative product as you are unsure how the public will respond to it, and if there will be a high demand. Lastly Apple was and still is highly creative, they come up with new products, and improve their technology and software to satisfy the latest gadget demand.

Work Cited:

“A Definition of Entrepreneurship and the Entrepreneur.” QuickMBA: Accounting, Business Law, Economics, Entrepreneurship, Finance, Management, Marketing, Operations, Statistics, Strategy. N.p., n.d. Web. 22 Nov. 2011. <http://www.quickmba.com/entre/definition/>.