preview

Apple 's Impact On The Business

Better Essays

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.
The company not only designs but they manufacture, market mobile communication and media devices, personal computers, portable digital music players. Apple technology has impacted so many businesses and individuals as a whole. Apple’s technology has always been a step ahead of their competitors. I have an iPhone and it seems like every year a new iPhone is produced with more features and capabilities.
Apple’s Stakeholders Impact
Apple values their stakeholders for the overall success of their corporation. While reading about Apple’s stakeholders I have come to like them more because they value their customers, employees and social responsibilities. “In Apple’s case, stakeholders significantly affect the business in terms of customer perception and sales revenues. For instance, the company addresses stakeholders’ environmental concerns through a policy on sustainable material sourcing. (Apple, Inc.) In Apple’s case, the following stakeholders are the most significant:
1. Customers/Consumers
2. Apple’s Employees
3. Investors
4. Employees of Suppliers and Distributors

Apple has also established a worker-empowering program to

Get Access