Apple Case Study Flashcards

1
Q

When was Apple founded

A

1976

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2
Q

What is the value of apple

A

3.7 Trillion

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3
Q

What products does apple sell

A

Tech

sells 90 million phones each year

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4
Q

How many employees does apple have

A

164,000

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5
Q

How many retail locations does Apple have

A

533

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6
Q

Why has Apple been so successful

A

Produce high quality products that are easy to use

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7
Q

Where is Apple HQ

A

Silicon valley, California

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8
Q

Why does apple produce its products in China

A

China has lower labour costs

China has a skilled workforce

China has well-developed supply chains

China’s production of gods is efficient

China is an exporting hub

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9
Q

What positive impacts do Apple have in the USA

A

Apple provides 2 million jobs

Apple generates Billions in Tax revenue

Apple provides support to education programs

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10
Q

What negative impacts do Apple have in the USA

A

Apple minimises tax by off-shoring

Environmental impacts - generate E-waste

Out - source jobs to other countries, which reduces the amount of American jobs

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