Apple was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. It released the successful Macintosh in 1984 and faced challenges in the 1990s but rebounded under Jobs' return in 1997. The iPhone, released in 2007, was a massive success and transformed smartphones. Apple uses various information systems like transaction processing, knowledge management, and decision support to manage operations and gain competitive advantages through superior products, services, and relationships.