Name, Size and Business Structure
Apple is a large multinational company and is the second largest information technology company. Apple has a revenue of $199.9 billion and a profit of $44.46 billion. Apple’s market capital, meaning the aggregate value of the company based on its current share price and the number of outstanding stocks is $741.8 billion. Apple is a public company meaning you can buy shares into the company, which are traded freely on a stock exchange and is now the largest publically listed company. It was founded by Steve Jobs, Steve Wozniak and Ronald Wayne on April 1,1976. Apple employs 92,600 people and has 437 stores located in fifteen different countries. An online store is also available in 39 countries to serve on
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In foreign markets apple is able to produce with fewer government regulations, which results in lower production costs, making the profit margin larger for apple. Diversification is another major incentive for apple because it spreads the risk in cases of difficulties or if one market suffers from recession, lowered demand, or changed preferences. In these circumstances apples sales and profits wont be as significantly impacted. This allows apple to cushion economic cycles to protect their company. Foreign markets also allow for economies of scale meaning apple can produce by mass production; this can lower the cost of production and again increase profit. By spreading into a global market it allows Apple increased sales and the ability to find new markets.
Problems and risks of expanding into foreign markets
Exporting allows apple more opportunities but it also involves apple in greater risks. There are many forms of risks including political, legal, bribery, quarantine complication, exchange rate and non-payment risks.
Currency risks are majorly involved with expanding into foreign markets. Due to the fluctuations of exchange rates, apples profits can vary due to demand and supply. The value of a currency is varied due to currency depreciation and appreciation and this fluctuation and
Apple inc is an american multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. Its best-known hardware products are the Mac personal computers, the iPod portable media player, the iPhone smartphone, the iPad tablet computer. Apple has around 437 stories around the world and around 100,000 staff (around 200 staff per storie) apple was first started in 1976 by founder Steve Jobs, Ronald Wayne, Steve Wozniak. Apple has shareholder and the biggest shareholder have a say in what Apple do and have a say in how come in or out. Apple Is worth is around $700 billion the most expansive company in the world. Apple want to "better" great technology for is customer there main goal is to beat their main competition Samsung.
Apple Inc is an American multinational organization located in the middle of the Silicon Valley, California. It is focused on designing and developing the personal computers, related software products, and electronic products such as MP3 players and iPods. Apple Inc’s main products are iMac, iPod, iPhone and iPad. Apple Inc was founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. Steve Jobs resigned as the Chief Executive Officer (CEO) of Apple and was replaced by Tim Cook who was the Chief Operating Officer (COO) before he was named CEO. Apple has approximately 92,600 full-time equivalent employees and an additional 4,400 full-time equivalent temporary employees and contractors.
Apple, Inc., an American multinational technology company, which founded on April 1, 1976 in California, United States. The company has earned $53 million of income in 2015, which increase $14 million of income compared with 2014 (Apple Inc., 2015). It has developed from a small personal computer company to a multinational corporation that selling various types of electronic products and software such as, iPad, iPhone, iOS, and others (Apple Inc., 2016).
When selling abroad to another country, there are many barriers. One of which being the fact that selling goods in a foreign country means the commission rates and standard charges will be different. Also, there are certain tariffs set in different varieties of countries. This means that the business may need to pay a fixed amount of money in order to export goods into a different country. Selling abroad also means that the country which you’re exporting to may not speak the same language as the company’s origins. This means that the company need to ensure that they change the language on the advertising banner in
Apple is not only a known brand, but also a reliable one. Many consider them, to be an electrical giant. The fact that Apple decided to take its company global created both advantages and disadvantages, both local and overseas. Here are some of the pros that are associated with Apple's decision to go global. Apple created 700,000 jobs in overseas countries, decreased the overseas unemployment rate, decreased labor costs, increased profit margins, and productivity to meet high demands for their products. All of this was possible because they entered into a more flexible, diligent, and industrialized workforce in the overseas market.
The Apple Company was founded by Steven Jobs, Steve Wozniak and Ronald Wayne on April 1, 1976. Apple has been very successful over the years and is on Forbes Innovative Companies list coming in at number 79. (Forbes, 2016) Due to their diligent work on innovation, globalizing the company they were able to have a market cap of $741.8 billion as of May 2015.
Apple is a software company that manufactures phones, computers, iPad and software’s, Apple was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak on April 1, 1976 and is headquartered in Cupertino, CA. It was incorporated as Apple Computer, Inc. in January 1977, and was renamed as Apple Inc. in January 2007, Apple became the first U.S. company to be valued at over 700 billion dollars. Apple’s first products was Apple I personal computer kit and which was manufactured in July 1976, Apple has changed its logo 3 times, Apple used to be the largest publicly traded corporation in the world by market capitalization and it had an estimated value of 530 billion dollars as of February 2016. The CEO of Apple is Tim Cook, Tim Cook had been working for IBM for 12 years and then in 1994 he became a chief operating officer at Intelligent Electronics, and in 1997 The Compaq Computer Corporation hired Cook as vice president of corporate materials. Tim Cook joined Apple in 1998 which was before they had developed iMac, iPhone, iPad, or iPod. When Cook started working for apple he was responsible for managing all sales and operations for the company worldwide. In 2011, Tim Cook was named Apple 's new CEO, he took over the position for former CEO and Apple co-founder Steve Jobs.
c. Exchange rate risks: significant portion of revenue stream born currency exchange risk (peso vs. USD) regardless of geographical and product diversification. These risks were absolutely external and thus could have been hardly mitigated.
Apple Inc. was founded in 1977. To date, this company has continually offered a wide range of products to meet the growing demands of customers all over the world. Apple not only produces and sells computer software and cellphones; they also distribute consumer electronic products around the globe. Increasing the value of shareholder and coming up with new inventive products is a constant process for Apple, and Apple continues to do so with their popularity around the world with about 301 store locations in 10 different countries. Aside from all of
Apple Inc. is an American multinational technology business headquartered in Cupertino, California, established by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976, to sketch, fabricate, and sell consumer electronics, computer software, and online services. Apple is the world 's second-largest information technology company after Samsung electronics, the world 's largest technology company by total assets. On November 25, 2014, Apple became the first U.S. Company to be treasured at over 700 billion dollars, besides being the largest publicly traded corporation in the world by market capitalization. Apple is a very successful producer of computer software and hardware, however it has demonstrated internal and external areas that need enhancement along with other areas that prove to be profitable.
Economic and the currency: first of all, every business is trying to avoid risk, therefor, the economic status of a foreign country is what the company looking for, they want the low unemployment rate, inflation rate and stable economic environment. Furthermore, the currency difference will change the product price strategy.
What the structure of apple company is customized management institution,the ice of bureaucratic hurdles was broken by this creative simplifies structure. It is the creative culture that Apple Company has launched the new technology new products come out every year.
▪ Founded 1976 as Apple Computer ▪ 2009 Revenue: $42.91 billion ▪ 2009 Net Income: $8.24 billion ▪ Employees: 34,300
Apple is an American based multinational technology corporation headquartered In Cupertino, California. The company is best known for manufacturing, designing personal computers, consumer software products, and electronics. The company currently employs approximately 110,000 employees worldwide (Fiegerman,2016). The company was established by Steve Jobs, Steve Wozniak and Ronald Wayne in 1976. In 2007, the name changed from Apple Computer Company to Apple Inc. co-founder, Steve Jobs as the CEO. Under the leadership of Steve Jobs, Apple became one of the most powerful companies in the world of technology and innovation. Tim Cook is the current CEO and his leadership style is different. Jobs was a visionary leader. Cook focuses
There are numerous advantages to taking our company to the international market. One of the main advantages is that we will have the ability to gain more market share as well as expand our consumer base. By gaining international exposure and making more people aware that the product exists, we are more likely to reach the homes of many additional consumers and increase the sales of our products. Not only will we expand our market share, but our revenue will increase as well. Last year we accrued a five million dollar net profit based on sales in the United States market alone. With production, pricing and advertising done properly and taking all other international expenses into consideration, such as shipping costs and fees, the net profit can increase in the years to come. Additionally, there is a better chance to avoid market saturation in the event that it occurs in the United States. With highly competitive