Apple Inc. Company

Apple Parkway Cupertino Head Office

Apple Inc is a company known worldwide for its extensive options in technology, constantly growing stock, workforce, and reputation. Apple’s head office is located at one Apple Parkway Cupertino, California. They fall under many North American Industry Classification System codes. These codes are 423620 Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers, 532210 Consumer Electronics and Appliances Rental, 811211 Consumer Electronics Repair and Maintenance, and 443142 Electronics Stores (“Apple Inc.; Hoover’s”).

Samsung, Best Buy, Oracle, and Amazon

Apple is classified primarily as household technologies because their major products are cell phones, laptops, iPads, and watches.

Due to these devices being prominent and frequently used around the world, Apple faces many competitors such as: Samsung, Best Buy, Oracle, and Amazon (“Apple Inc.; Hoover’s”). While there are many more competitors, Apple must keep up with production and continue to expand. Apple has expanded outside of the United States to many countries including: Australia, Canada, Brazil, Japan, and many more (“Find Apple Retail”).

Stores and facilities in other countries function just like US stores, they create and distribute product to consumers in their region. Apple is constantly expanding and reaching new goals because company leaders and workers are able to set goals and reach them.

Apple Inc. Finance

Arthur D. (Art) Levinson is chairman of the board and earns a salary of $556,362 US dollars. He sits in on discussions and helps to make important financial decisions. Jonathan Ive who is the Chief Executive Officer makes $130,000,000 yearly, both men contribute to the growth of Apple as a company (“Apple Inc.

Get quality help now
Sweet V
Verified

Proficient in: Apple

4.9 (984)

“ Ok, let me say I’m extremely satisfy with the result while it was a last minute thing. I really enjoy the effort put in. ”

+84 relevant experts are online
Hire writer

; Hoover’s”). This huge company was founded in 1976, and has grown immensely since. Steve Jobs, a college dropout, founded Apple starting in his garage in Santa Clara Valley, California. Since Steve Jobs started it, the company has changed drastically. His first sale was a monitor with no keyboard or casing. By 1977 a keyboard, colored monitor, and device slots were added. Sales jumped $109.2 million from 1978-1980 because Apple went public Today Apple is a multibillion dollar industry with hundreds of stores and products (“Apple Inc.”). Apple stock reached its highest point at one hundred and ninety dollars hitting a market cap of $993 billion. A stupendous jump from twenty two dollars which is what their first stock started at (“Apple’s Stock”). Apple currently has 5,126,200,000 outstanding stocks, and their stocks raised $42.76 between December of 2015 to December 2017 (“Apple Inc.; Hoover’s”).

Apple Inc. Management

Apple incorporates a different style of training than a lot of other companies; they actually hold a number of training classes referred to as “Apple University.” Throughout Apple University, you learn the ins-and-outs of the company, all of the way from the history to the perceived future. Upon completion, you receive a diploma that recognizes your contribution to the training and development program. Though this seems to be a different style of training and development, it has definitely seemed to be effective ever since the ‘university’ was put into play.

As far as the performance appraisal process within the organization goes, the individuals who are deemed to be the ‘best fit’ for the position are selected and are moved into the interview process, where they will start of with a practical exam and their skill sets will be evaluated. If the exam goes well and their skills seem to meet the level that Apple is searching for within the employee, they will go through rounds of face-to-face interviewing, where levels will depend on the position in which the individual is applying for. After being selected for the position, an employee for Apple will sit down with them and go over the benefits, pay and a further job description. After the individual accepts the job, they will take place in training and will in due time be moved into their given position where they will be evaluated again.

Cite this page

Apple Inc. Company. (2021, Nov 08). Retrieved from https://paperap.com/apple-inc-company/

Let’s chat?  We're online 24/7