Apple was founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. It launched pioneering products like the Apple I and II in the 1970s-1980s but struggled in the 1990s with the rise of Windows PCs. Under Steve Jobs' return, Apple launched hugely successful products starting with the iPod in 2001, followed by the iPhone in 2007 and iPad in 2010, which have made Apple the most valuable company in the world with over $1 trillion market capitalization.