APS Physics Revenue and Competitors

The American Physical Society was founded on May 20, 1899, when 36 physicists gathered at Columbia University for that purpose. They proclaimed the mission of the new Society to be "to advance and diffuse the knowledge of physics", and in one way or another the APS has been at that task ever since. In the early years, virtually the sole activity of the APS was to hold scientific meetings, initially four per year. In 1913, the APS took over the operation of the Physical Review, which had been founded in 1893 at Cornell, and journal publication became its second major activity. The Physical Review was followed by Reviews of Modern Physics in 1929, and by Physical Review Letters in 1958. Over the years, Phys Rev has subdivided into five separate sections as the fields of physics proliferated and the number of submissions grew.