Apple Inc
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This article is part of the Center for Media & Democracy's spotlight on global corporations. |
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| Type | Publicly-traded corporation |
|---|---|
| Founded | California, USA - 1976 |
| Founder(s) | Steve Wozniak, Steve Jobs, and Ron Wayne |
| Headquarters | Cupertino, CA, USA |
| Area served | worldwide |
| Key people | Steve Jobs (co-founder and CEO), Peter Oppenheimer (CFO, Principal Accounting Officer, Sr. VP of Fin. and Corp. Controller), Timothy Cook (COO), Ron Johnson (VP of Retail), Anthony Fadell (VP of Ipod Division) |
| Industry | technology, personal computers |
| Products | personal computers, portable digital music players, and mobile communication devices, as well as related software, services, peripherals, and networking solutions |
| Services | retail stores, hardward and software services |
| Revenue | 13.93 billion USD[1] |
| Operating income | 1.65 billion USD[1] |
| Net income | 1.34 billion USD[1] |
| Total assets | 10.3 billion USD[1] |
| Employees | 21,600 (full-time)[1] |
| Website | http://www.apple.com |
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Contents
Company History
The first Apple computer was designed by Steve Wozniak (a then-HP employee) and Steve Jobs. They sold fifty units of the Apple I to a local computer store in 1976, and continued to design new models, including the Apply ][+ and Lisa in the 1970s, eventually gaining investment from Xerox in 1978.[2]
Historical Financial Information
Business Strategy
Political and Public Influence
Paragraph information
Political Contributions
Lobbying
Corporate Accountability
Paragraph
Labor
Longhua town in Baoan district, Shenzhen province, China, is dominated by the Foxconn factory and its dormitories. This facility produces iPods for Apple. It has over 240,000 employees, with plans for 300,000 in the near future. Although workers receive free housing and food, have medical benefits (the company pays 80% of expenses), and have 3 months of maternity leave, workers at the factory live in dormitories so crowded and noisy they cannot sleep properly, are forbidden from cooking or having visitors, are isolated because of the barren world outside the factory gates, and are not paid for all of their wages.[3]
Human Rights
Environment
Apple received a score of 4.1 out of 10 possible points in a recent Greenpeace International ranking, scoring positive points for releasing products free of brominated flame retardants (BFR) and PVC vinyl plastic, as well as other hazardous materials, but scored negatively on most recycling criteria.[4]
Consumer Protection and Product Safety
Anti-Trust and Tax Practices
Social Responsibility Initiatives
Business Scope
Lines of Business and Major Products Paragraph Units/Subsidiaries
| Customers | Suppliers | Creditors | Competitors |
|---|---|---|---|
| Customer 1 | Lite-On Electronics | Creditor 1 | Dell |
| Primax | Creditor 2 | Hewlett-Packard | |
| Lite-on Xiju | Creditor 3 | Microsoft | |
| Customer 4 | Volex | Creditor 4 | Competitor 4 |
Financial Information (2008)
Ticker Symbol: AAPL
Main Exchanges:NASDAQ
Investor Website:http://www.apple.com/investor/
| Shareholder | % Total Shares held |
|---|---|
| Barclays Global Investors UK Holdings Ltd | 4.11% |
| FMR LLC | 3.53% |
| STATE STREET CORPORATION | 3.20% |
| AXA | 3.12% |
| VANGUARD GROUP, INC. (THE) | 3.03% |
Largest Shareholders[1]
Geographic scope paragraph
| Country | Revenue | Profits | Assets | Employees |
|---|---|---|---|---|
| Country 1 | Revenue 1 | Profit 1 | Assets 1 | Employees 1 |
| Country 2 | Revenue 2 | Profit 2 | Assets 2 | Employees 2 |
| Country 3 | Revenue 3 | Profit 3 | Assets 3 | Employees 3 |
| Country 4 | Revenue 4 | Profit 4 | Assets 4 | Employees 4 |
Governance
Executives Board members/affiliations Executive director/compensation Date and venue of next AGM
Contact Information
Articles and Resources
Books on the Company
Related SourceWatch Articles
Sources
- ↑ Jump up to: 1.0 1.1 1.2 1.3 1.4 1.5 Yahoo! Finance Cite error: Invalid
<ref>tag; name "yahoofinance" defined multiple times with different content - ↑ "The Apple Museum: The Beginning", accessed July 2008
- ↑ Robert Weil. June 2008. "City of Youth" Monthly Review
- ↑ "Greener Electronics: Apple" accessed July 2008
