The History Of Apple

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Apple is a for-profit organization that was launched in 1976. The Apple 1 was released on the market in the summer of 1976 after Steve Jobs and Steve Wozniak invented a new computer circuit board, the price for the Apple 1, $666.66 (Steve Jobs at Apple-History, 2014). In the revolutionizing of Apple, Jobs and Wozniak continued to reform the electronic world by venturing into a whole new dimension of personal computer (imac), at hand cell phones (iphone), hand held computers (ipad), and even at hand music (ipod). Steve Jobs was the CEO of Apple until he passed away in October 2011; the new CEO is Tim Cook.
As of the end of 2013 Apple announced their financial results for the fiscal year of 2013. “The Company posted quarterly revenue of $37.5 billion and quarterly net profit of $7.5 billion, or $8.26 per diluted share. These results compare to revenue of $36 billion and net profit of $8.2 billion, or $8.67 per diluted share, in the year-ago quarter. Gross margin was 37 percent compared to 40 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter’s revenue.” (Apple reports fourth quarter results, 2013). Speaking of international, Apple outsources its internal products to other companies around the world, due to the low-cost labor in the less fortunate countries.
“In the last decade, Apple has become one of the mightiest, richest and most successful companies in the world, in part by mastering global manufacturing” (Duhigg & Barboza, 2012). But, in the midst of all this glory ethical dilemmas have been brought to the forefront leaving Tim Cook the new CEO to strive for excellence. Foxconn, in China, is one of the biggest manufacturing companies for Apple consisting of at least fourteen co...

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...ent this gives them opportunities to study computer skills, languages, business, and other subjects at no charge. “In 2012, 1.3 million workers and managers received Apple-designed training about local laws, their rights as workers, occupational health and safety, and Apple’s Supplier Code of Conduct. That’s nearly double the number of workers trained by this program since 2008” (Apple’s Supplier Responsibility, 2013).
Apple’s code of conduct is based on standards from the Fair labor Association (FLA), UN (United Nations), and the Electronic Industry Citizenship Coalition (EICC). Apple’s code of conduct does require suppliers to “provide safe and healthy working conditions, to use fair hiring practices, to treat their workers with dignity and respect, and to adhere to environmentally responsible practices in manufacturing” (Apple’s Supplier Responsibility, 2013).

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