What are the corporate affairs of Apple Inc.?
Here is the list of all corporate affairs of Apple Inc.:-
Corporate culture:-
Apple at https://www.webull.com/quote/nasdaq-aapl is one of the highly successful companies that was launched in the 1970s that removed the traditional notion of the corporate culture.
Even after such a success Jobs use to roan in the Apple office barefoot in the 1980s.
By the time in 1984, the television department had started posting an advertisement, which made the company even more famous and this is what was different about Apple company which helped it beat its competitors.
As the company grew there led to a series of more people being employed in this company. They were skilled and had a passion for creating something.
The employees told that the project would be over and ready within some time if they were working with Jobs, but hen Jobs wasn’t in Apple the company took time to make and launch new products.
Jobs had simple thinking that the right person at the right time can make a lot of difference for their company.
- Lack of innovation:-
An article called as the verger posted in September 2016 stated that Apple is facing a lack of innovation right now, and Samsung has taken a great leap while this has happened.
The journalist also states that this is how Apple does business in a new market place. First, they enter the place then they will wait for some time and gather information about it.
The Wall street journal in the year 2017 stated that Apple had increased its reliance on Siri a new personal AI assistant.
While big companies like Google and Amazon were collecting user data to make something good for the people by analyzing the data.
- Manufacturing:-
Apple had produced so many products that its alone profit margin was 40% while other companies had a margin of 10 – 20 %.
Apple company has its biggest manufacturing plant in China where almost all its products are made and sold in Asia.
In May 2017, Apple gave 1 Billion USD to its American manufacturing department to do more research and invest 200 Million USD to corning Inc., which is a Gorilla glass company which Apple uses on its phone.
- Labour practices:-
The company used to advertise its product till the late 1990s but stopped as it had made a lot of fame for itself.
As a result of outsourcing, all its activities in 2000 and everything of the company is being done outside of America. You can check cash flow at https://www.webull.com/cash-flow/nasdaq-aapl if you want buy amazon stock.