The reason why Apple changed it's name is because they wanted to reflect on the growing focus on other consumer electronics beyond the computers.
Apple changed it's name from Apple Computer, Inc to Apple Inc.
Steve Jobs announced the name change for Apple at the MacWorld Expo on in January of 2007.
Apple originally mainly focused on computers in the beginning but now they have an expanded product line which includes the iPhone, iPad, iTunes Music Store, iPod and Apple Watch and Apple tablet.
Apple's success in consumer electronics and media sales made it a leader in these industries.
The name change for Apple indicates that Apple is now more than just a computer company.
Apple is also an American multinational tech company which has revolutionized the technology sector.
The reason why Steve Jobs named the company Apple was because Steve Jobs had a particular interest in fruitarian diets and had recently returned from spending time on an apple orchard.
Steve Jobs found the name "Apple" to be simple, friendly, and approachable, which resonated with his vision for the Apple computer company.