Apple is an American multinational technology company headquartered in Cupertino, California that designs, develops, and sells consumer electronics, computer software, and online services. Some of Apple's major products include the Mac line of computers, the iPod, iPhone, iPad, Apple Watch, Apple TV, and iOS and macOS operating systems. In 2012, Apple had annual revenues of $156.5 billion and net income of $41.7 billion. It employs 72,800 people and has retail stores worldwide.