Can someone summarize this for me?

Apple Inc. (formerly Apple Computer, Inc.) is an American multinational corporation with a focus on designing and manufacturing consumer electronics and closely related software products. Headquartered in Cupertino, California, Apple develops, sells, and supports a series of personal computers, portable media players, computer software, and computer hardware accessories; Apple is also currently involved in the creation of new technology concepts, such as the iPhone, Apple TV, and many features of its new, upcoming operating system, Mac OS X "Leopard". Apple also operates an online store for hardware and software purchases, as well as the iTunes Store, a comprehensive offering of digital downloadable music, audiobooks, games, music videos, TV shows, and movies. The company's best-known hardware products include the Macintosh line of personal computers and related peripherals, the iPod line of portable media players, and the iPhone. Apple's best-known software products include the Mac OS X operating system and the iLife software suite, a bundle of creative software products that are highly integrated with the OS and are designed for amateur users. (Both Mac OS X and iLife are included on all Macs sold.) Apple is also a major provider of professional and consumer audio- and film-industry software products, primarily for Mac computers, including Final Cut Pro, Logic Pro, Final Cut Studio, and related tools.