Apple Inc. was founded in 1976 and is known for designing consumer electronics like the Macintosh computers, iPod, and iPhone. The iPod digital music player was introduced in 2001 and revolutionized the portable music industry. It came in many sizes and colors, with easy-to-use interfaces. Over the years, Apple introduced different iPod models like the iPod Nano, iPod Shuffle, iPod Classic, and iPod Touch. The iPod became hugely popular for its sleek design, large storage capacity, and ability to carry thousands of songs. It dominated the music player market, achieving over 70% market share, and has sold over 300 million units.