Apple vs ICICI Bank: Founders, CEOs and History
Apple was founded in 1976 by Steve Jobs, Steve Wozniak, Ronald Wayne and is led by John Ternus. ICICI Bank was founded in 1994 by Industrial Credit and Investment Corporation of India and is led by Sandeep Bakhshi.
Company facts
Apple
- Founded
- 1976
- Headquarters
- Cupertino, California
- Current CEO
- John Ternus
- Employees
- 166,000
ICICI Bank
- Founded
- 1994
- Headquarters
- Mumbai, Maharashtra, India
- Current CEO
- Sandeep Bakhshi
- Employees
- 124,029
Founders
Apple
Steve Jobs
Apple Computer was founded on April 1, 1976, by Steve Jobs, Steve Wozniak, and Ronald Wayne, who sold his 10% stake back to his partners for $800 twelve days later.
Steve Wozniak
Steve Wozniak co-founded Apple and supplied the engineering foundation for its early success. He designed the Apple I as a working personal-computer board and then created the Apple II, the product that transformed Apple into a real company.
Ronald Wayne
Ronald Wayne co-founded Apple in 1976 but exited the partnership after only days, selling his stake back to Jobs and Wozniak.
ICICI Bank
Industrial Credit and Investment Corporation of India
The Industrial Credit and Investment Corporation of India (ICICI) was established in 1955 at the initiative of the World Bank, the Government of India, and representatives of Indian industry.
CEOs and their tenures
Apple
- John Sculley1983–1993
CEO
Sculley, a Wharton MBA who had built his reputation running Pepsi's marketing organization, was recruited to Apple in 1983 after Steve Jobs asked him, 'Do you want to sell sugar water for the rest of your life, or do you want to change the world?' Apple paid h…
Source - Gil Amelio1996–1997
CEO
Amelio built his reputation as a corporate turnaround specialist at Rockwell International and then as CEO of National Semiconductor, where he was credited with transforming it from a struggling third-tier chipmaker into a more respected competitor, before joi…
Source - Steve Jobs1997–2011
CEO
Jobs enrolled at Reed College but dropped out after six months, later working as a video-game designer at Atari before he and Steve Wozniak founded Apple Computer in the Jobs family garage in 1976, funding the venture by selling Jobs's Volkswagen van and Wozni…
Source - Tim Cook2011–2026
CEO
Cook earned an industrial-engineering degree from Auburn University and an MBA from Duke's Fuqua School of Business, then spent 12 years at IBM's personal-computer business before serving as COO of the reseller division at Intelligent Electronics and briefly a…
Source - John Ternus2026–present
CEO
Before becoming CEO, Ternus was Apple's senior vice president of Hardware Engineering, the group responsible for the engineering of Apple's devices. Cook described his contributions to Apple as spanning 25 years when the succession was announced.
Source
ICICI Bank
- K V Kamath1996–2009
CEO & Managing Director
Kamath built ICICI's reputation for technology-led banking, early ATMs, internet banking, and retail credit, and oversaw the 2002 reverse merger that created the modern bank.
Source - Chanda Kochhar2009–2018
CEO & Managing Director
Kochhar expanded ICICI Bank's retail franchise and brand reach, but her tenure ended amid the Videocon controversy and a sharp rise in bad corporate loans.
Source - Sandeep Bakhshi2018–present
Managing Director & CEO
Bakhshi is credited with restoring investor and regulator trust after 2018 and turning ICICI Bank into a lower-risk, steadily compounding lender, with net NPAs around 0.3% in 2026.
Source
Timeline: Apple and ICICI Bank side by side
1955ICICI Bank
ICICI Founded as Development-Finance Institution
ICICI was formed to provide medium- and long-term project finance to Indian businesses.
1976Apple
Apple is founded by Steve Jobs, Steve Wozniak, and Ronald Wayne, turning an early personal-computer board into a company with a product and a market.
Steve Jobs, Steve Wozniak, and Ronald Wayne founded Apple in 1976, when personal computing was still a hobbyist market.
1977Apple
The Apple II launches and gives the young company an expandable personal computer for schools, homes, and small businesses.
The Apple II turned a garage project into a business. Color graphics, expansion slots and a consumer-friendly design carried it into schools, homes and small offices, giving Apple a revenue base years before the Macintosh.
1980Apple
Apple completes its initial public offering in December 1980, raising capital and turning personal computing into a public-market story.
The December 1980 IPO gave Apple public-market capital and made personal computing look like a serious commercial category. It also raised the pressure to professionalize management, distribution and product planning as the company outgrew its founding team.
1984Apple
The Macintosh introduces a graphical interface and mouse-driven computing to a broad audience at a $2,495 launch price.
The Macintosh brought a graphical interface and a mouse to a mass-market computer and defined Apple's design identity.
1994ICICI Bank
ICICI Bank Incorporated
ICICI Bank was incorporated as part of the ICICI group during India's post-liberalization banking opening. The move gave ICICI a deposit-taking commercial bank able to serve retail, corporate, and transaction-banking customers.
1997Apple
Apple completes the NeXT acquisition, bringing Steve Jobs back and supplying the operating-system foundation for the years that followed.
Apple's NeXT acquisition brought Steve Jobs back when the company was financially weak and unfocused.
1999ICICI Bank
NYSE Listing Milestone
ICICI became the first Indian company and the first bank or financial institution from non-Japan Asia to list on the New York Stock Exchange. The listing expanded global visibility and imposed a higher disclosure profile on the group.
2001Apple
Apple introduces the iPod on October 23, 2001, a 5GB music player priced at $399 that held about 1,000 songs.
The iPod put a hard-drive music library in a pocket at $399 and went on sale on November 10, 2001.
2001ICICI Bank
Bank of Madura Amalgamation
Bank of Madura was amalgamated with ICICI Bank with effect from March 10, 2001. The deal added branches, customers, and a southern India presence that helped the young bank build distribution faster than organic expansion alone.
2002ICICI Bank
Reverse Merger Created Universal Bank
ICICI, ICICI Personal Financial Services, and ICICI Capital Services merged into ICICI Bank.
2007Apple
The iPhone is introduced as a phone, widescreen iPod, and internet communicator, moving Apple into the center of mobile computing.
The iPhone moved Apple into mobile computing and shifted the company's center of gravity away from the Mac. It also created the hardware base that later supported services, accessories and developer economics.
2008Apple
The App Store opens with 500 apps, creating a controlled software marketplace that becomes a major Services pillar.
The App Store launched with 500 apps and gave iPhone owners a single, controlled way to install third-party software.
2010ICICI Bank
Bank of Rajasthan Merger
The Bank of Rajasthan merger strengthened ICICI Bank's branch network, especially in northern and western India. The transaction mattered because local branches and deposits still supported private-bank scale even as digital channels were growing.
2011Apple
Tim Cook becomes chief executive on August 24, 2011, after Steve Jobs resigns and the board names Cook to succeed him.
Apple's board named Tim Cook chief executive on August 24, 2011, when Steve Jobs resigned and recommended the succession plan be carried out.
2014Apple
Apple agrees to acquire Beats Music and Beats Electronics for $3 billion, its largest deal.
Apple agreed to buy Beats Music and Beats Electronics for a total of $3 billion, about $2.6 billion in purchase price plus roughly $400 million vesting over time, and brought in founders Jimmy Iovine and Dr. Dre.
2018ICICI Bank
Sandeep Bakhshi Became MD and CEO
Sandeep Bakhshi became Managing Director and CEO in October 2018 after Chanda Kochhar requested early retirement. His tenure has been associated with a sharper focus on risk controls, asset quality, governance, and steady retail-led growth.
2020Apple
Apple announces the Mac transition to Apple silicon, deepening control over performance, power efficiency, and software optimization.
Apple began moving Mac computers off Intel processors and onto its own M-series chips in 2020.
2024Apple
Vision Pro launches at $3,499 and gives Apple a shipping platform for spatial interfaces, sensors, and custom silicon.
Vision Pro gave Apple a live platform for spatial interfaces, eye and hand input, high-resolution displays and custom chips.
2025ICICI Bank
FY2025 Balance Sheet Scale
The FY2025 integrated report listed Rs 16,103.48B in deposits, Rs 13,417.66B in loans and advances, Rs 21,182.40B in standalone total assets, and a 16.55% capital adequacy ratio.
2025ICICI Bank
FY2025 Profitability
ICICI Bank reported Rs 472.27B in standalone profit after tax and Rs 510.29B in consolidated profit after tax for FY2025. Profitability matters because the bank has to fund technology, compliance, provisions, and growth while keeping capital strong.
2025ICICI Bank
IMobile and Card Scale
IMobile processed 558M transactions worth Rs 11,238B in FY2025, and the bank had close to 18M active credit cards at March 31, 2025.
2026Apple
John Ternus becomes chief executive on September 1, 2026, and Tim Cook becomes executive chairman.
John Ternus, Apple's senior vice president of Hardware Engineering, became chief executive on September 1, 2026, and Tim Cook became executive chairman after 15 years as CEO.
2026ICICI Bank
Q1 FY2027 Profit Up 15.9%
Standalone profit rose 15.9% to Rs 14,805 crore for April-June 2026, with net interest income up 12.7% and net NPAs at 0.35%.
2026ICICI Bank
Bakhshi Reappointed to 2028
The RBI approved Sandeep Bakhshi's reappointment as MD and CEO for two years from October 4, 2026.
2026ICICI Bank
FY2026 Profit Crosses Rs 50,000 Crore
Standalone net profit rose 6.2% to Rs 50,146.6 crore in FY2026, with a 4.32% net interest margin and 15.8% loan growth.
Acquisitions
ICICI Bank
- Bank of Rajasthan2010Undisclosed
- The Sangli Bank2007Undisclosed
- Bank of Madura2001Undisclosed
- Anagram Finance1998Undisclosed
- ITC Classic Finance1997Undisclosed
Questions about Apple vs ICICI Bank
Who is the CEO of Apple Inc. and ICICI Bank Limited?
Apple Inc. is led by John Ternus and ICICI Bank Limited is led by Sandeep Bakhshi. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Apple Inc. founded vs ICICI Bank Limited?
Apple Inc. was founded in 1976 — 18 years before ICICI Bank Limited, which was founded in 1994. Apple Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger ICICI Bank Limited.
How many employees does Apple Inc. have compared to ICICI Bank Limited?
Apple Inc. employs approximately 166,000 people, while ICICI Bank Limited employs approximately 124,029. Apple Inc. has the larger workforce at 166,000 employees, compared to ICICI Bank Limited's 124,029. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Apple Inc. and ICICI Bank Limited headquartered?
Apple Inc. is headquartered in United States and ICICI Bank Limited is headquartered in India. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded Apple Inc. and ICICI Bank Limited?
Apple Inc. was founded by Steve Jobs, Steve Wozniak, Ronald Wayne. ICICI Bank Limited was founded by Industrial Credit and Investment Corporation of India.
Which company has a longer operating history — Apple Inc. or ICICI Bank Limited?
Apple Inc. has been operating for approximately 50 years, making it the more established of the two companies. ICICI Bank Limited has been in operation for around 32 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Apple vs ICICI Bank overview