This document provides an overview of innovation at Apple Inc. It discusses how Apple was founded in 1977 and focuses on producing personal computers, hardware, software, portable music players like the iPod, and smartphones like the iPhone. It notes that Apple has over 200 retail stores worldwide and that while Apple products are known for their quality, they can be more expensive than regular consumer electronics. The document then focuses on how the iPod was a major success for Apple, introducing the product in 2001 with its elegant design and compatibility with the iTunes music store. The iPod addressed limitations of other MP3 players and came in various models, sizes, and colors. Its target market was young consumers as it reflected lifestyle preferences and technology. The iPod