Apple Inc. is a multinational corporation that specializes in the production of consumer and business computers‚ electronics‚ and software. The company was established on April 1‚ 1976 by three individuals named Steve Jobs‚ Steve Wozniak‚ and Ronald Wayne. It was then incorporated on January 3‚ 1977 and was initially known as Apple Computer‚ Inc. for 30 years thereafter‚ until it was changed to Apple Inc. on January 9‚ 2007‚ so as to include a more diverse line of products to the market than just
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In the past few years Apple and other electronics manufacturers have been in the news for alleged unethical practices carried out by some of their suppliers. The ethical issues were concerning the 2010 suicides in the Chinese Foxconn factories‚ which are the main suppliers for Apple‚ and the IPhone5 strikes that occurred in the beginning of October. All of these events were as a result of the workers’ poor living conditions‚ inadequate health care benefits and a load of overtime hours. Apple’s speedy
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Yesterday‚ the CEO of Apple‚ Steve Jobs‚ unveiled the most anticipated and rumored-about product in 2008‚ the new iPhone. Providing faster connections and more features such as GPS than the first iPhone‚ Mr. Jobs believes this is “the phone that has changed phones forever.” With this addition to Apple’s products‚ it is yet another piece of Apple’s corporate level strategy to create value through related diversification. From solely manufacturing computers‚ Apple in the past ten years has added a
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com/articles/2012-03-29/apple-s-war-on-android ARTICLE SYNOPSIS In the article Apple Vs Android the case dealt with technology patent lawsuit. Apple currently pays Samsung over seven billion annually for components used in the Apple Ipad and Iphone thus making them Samsung’s biggest customer. Each company depends heavily on the other for without Samsung parts Apple’s operations could come to a grinding halt. LEGAL ISSUE Apple has accused and brought suit against Samsung for “slavishly copying” Apple with their
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CASE: Accounting for the iPhone at Apple Inc. The non-GAAP numbers of Apple Inc. reflect its economics better. Because‚ in the existing method of accounting‚ revenue and cost of goods sold are spread over the lifetime of the product (expected 24-months)‚ while the costs incurred for engineering‚ sales‚ marketing and warranty are recorded immediately. This accurate recording of expenses while recognizing only a part of the cost of goods sold thus showed reduced margins. While this did not affect
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The major demographic‚ political‚ and social changes that occurs during the Middle East between 8000-500 BCE is the agriculture begins to emerge and alter the way of life in that time. However even though that there are major changes socially‚ like the classes‚ and politically‚ like priest becoming leaders‚ is the demographic way of life. The demographic changes occur between 8000-500 BCE‚ and the beginning of the distinct culture starts to emerge in the Middle East. In 8000 BCE the Middle East
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Product For years‚ Apple was considered as a computer manufacturer that creates products aimed at individuals who are “different‚ hip and imaginative. Both Apple’s computers and the brand name itself are successfully marketed all around the world. In recent years‚ Apple diversified it product mix by introducing new line of products to keep up with the competitive consumer electronics market. The iPod‚ a portable music player was the first product range that was launched to compete in the portable
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Apple and Foxconn Stimulus Material Apple is one of the world’s leading producers of mobile devices with a strong reputation for product innovation and high customer loyalty. In 2009 it was widely reported that Apple’s Chinese-based suppliers were using child labour in several of their large-scale factories. At the largest factory – Foxconn – a growing problem of employee suicide was also reported which was blamed on unethical management approaches. Apple was heavily criticised for its standards
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"What are some of the trends in the contemporary society regarding the family‚ religion‚ and the emergence of new technologies?" Many of the societies today have an opposite reflection from the traditional societies that once took place. Values have changed‚ morals have faded‚ and personal interests has increasingly become most important to most societies. Though the media contributes greatly to the selfish motives of societies‚ other factors like the families‚ religion‚ and current technologies
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Drew Galloway October 8th 2014 BMGT 1101 Apple Inc. Apple is an extraordinary company. The company was founded by Steve Jobs‚ Steve Wozniak‚ and Ronald Wayne on April 1st 1976. The whole purpose of Apple was‚ to develop and sell personal computers. It has come a long way from a small owned business into a multinational corporation. After the death of Steve Jobs the company had to hire a new CEO‚ Tim Cook. Tim Cook was the complete opposite of Steve Jobs. Steve Jobs was very loud and unpredictable
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