The company known for creating the iPhone is Apple Inc.. Founded by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple revolutionized the mobile phone market with the iPhone's launch in 2007. The device combined a phone, iPod, and internet communication tool into one, introducing features like a touchscreen interface and the App Store. This innovation not only transformed the smartphone landscape but also set new standards for user experience and mobile technology advancements, solidifying Apple's position as a leader in the tech industry.