Company Operations Report: Apple Inc.

Business
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Introduction

Apple Inc., commonly known just as Apple, is an American multinational corporation dealing the sector of technology. The company’s administrative headquarter is located in Cupertino, California. Apple Inc. is known for designing, developing, and selling consumer electronics, online services, and a range of computer software.  Some of Apple’s renowned hardware products include the iPod portable media player, iPhone, and the Mac PC among others. Similarly, it develops a wide range of consumer software some of which include the MacOS, the Safari web browser and the iOS. On the same note, iTunes Store, Apple Music, iCloud, and iOS App store comprise some of the company’s online services. The high-flying American technological corporation was founded as a computer sales organization in the year 1976 by three friends namely Ronald Wayne, Steve Jobs, and Steve Wozniak. Barely a year later, Apple Computer, Inc. was incorporated, before it was renamed several years in 2007 to Apple Inc. The renaming name implied its shift of focus and operational realignment to include general consumer electronics rather than just computers. Chen (2015) lauds the company as the largest information technology corporation across the globe with regards to its revenue and total assets, and still comes second worldwide among the phone manufacturers after Samsung. Currently, the company advances its operations through the assistance of over 115,000 full-time workers, and runs approximately 478 retail stores located in seventeen countries in across the universe. Apple’s iTunes Store is considered the top universal music retailer. Apart from a large pool of products, the company has clientele from all walks of life whose purchase compounds to the company’s mega value of 178.1 billion dollars last year. Apples top position is a combined product or resilience, strategic operations, and innovativeness. Even then, the journey has not been a walk in the park as the company’s operations have been largely criticized over the years especially concerning its labor practices and environmental practices.

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