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APPLE

Apple is a multinational company combining innovation and success has been for several years on
the fore.
In what ways can APPLE be considered as a multinational company in a global world?
I. Apple, a multinational company

1. Made in the U.S.A is no longer a viable option


- Headquarter at Cupertino, Silicone Valley
- Thriving profits, significant margins
- 178 billion dollar cashpile in 2015
2. Foxconn: a subcontractor
- Employees are paid 20% above the minimum legal wages but it’s not enough for them
to afford to their basic needs
- In 2010 Steve Jobs, chief executive of Apple, said that the suicide rate at the Chinese
factory was lower than the overall suicide rate for the United States
3. Apple’s tax avoidance
- Apple use legal methods to modify its financial situation in order to lower the amount
of income tax owed. This is generally accomplished by claiming the permissible
deductions and credits. This practice differs from tax evasion, which is illegal
- Apple has an Irish holding company with no operations or employees at the top of its
foreign operations. Apple Inc., the U.S parent of the whole group, pays U.S tax on the
investment earnings of this company.

II. A Global World

1. Emerging Economies
- Globalization, relocation
2. Subcontractors and outsourcing
- Apple Company is involved in a large-scale project. However, companies rarely
does all the work. The work that remain is performed by subcontractors, who are under
contract to Apple. Apple does not own a company, they have only subcontracts with
factories.
Apple Inc. it is a well-known American multinational corporation that designs most of the famous
consumer electronics and widely used software’s.
It was established on 1st April, 1976 at that time the company was known as apple computer, Inc.
Apple nearly has 35,000 employees worldwide and its sales recording nearly US$42.90 billion by
26th September, 2009. It came in a magazine named Fortune that apple had been most appreciated
company in United States in 2008 and worldwide in 2009.
They provided the first ever user-friendly laptops and computers.
BOARD OF DIRECTORS:
Steven P. Jobs Chief Executive Officer, Director
Timothy D. Cloak Chief Operating Officer
Peter Oppenheimer Chief Financial Officer, Senior Vice President
Philip W. Schiller Senior Vice President – Worldwide Product Marketing
D. Bruce Sewell Senior Vice President, General Counsel, Secretary
Ronald B. Johnson Senior Vice President – Retail
Bertrand Serlet Senior Vice President – Software Engineering
Robert J. Mansfield Senior Vice President – Mac Hardware Engineering
Mark Papermaster Senior Vice President – Devices Hardware Engineering
Scott J. Forstall Senior Vice President – iPhone Software Engineering and Platform
Experience