Apple Inc., founded in 1976, is a leading multinational corporation known for its innovative consumer electronics like the iPod, iPhone, and iPad, and software including OS X and iOS. With a market capital exceeding $626 billion as of September 2012, the company leads the tech industry in revenue and profit, and has transformed various sectors through its products and services. Steve Jobs emphasized that innovation requires focus and the ability to say no to many ideas, which shaped Apple's culture and business strategy over the years.