![]() Even so, those computers make up a healthy $20-plus billion a year business. The Mac, including laptops marketed under the "MacBook" brand, represents just 11 percent of revenue. Apple has morphed from a niche computer maker into a consumer electronics juggernaut, with nearly two thirds of its $216 billion in annual sales now from the iPhone. Nearly a decade later, that bet shows just how good Jobs was at seeing into the future. "So we thought maybe our name should reflect this." The Mac is the only one you really think of as a computer," Jobs told more than 5,000 cheering Apple fans at the Macworld Expo in San Francisco. The company, which had become a household brand with the Macintosh, was dropping "Computer" from its name and would now be billed as just Apple Inc. ![]() When he unveiled the iPhone in January 2007, Apple co-founder Steve Jobs made headlines with other big news.
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