Apple Flashcards

(15 cards)

1
Q

Where does the R&D/programming get done

A

Its headquarters are based in Cupertino, California. This is where much of the programming is done

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2
Q

How many people does apple employ in the USA

A
  • Around 90,000
  • 6,000 people are employed in Texas for Mac Pro assembly
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3
Q

Where is the eu headquarters

A

Cork island - Ireland
For lower tax reasons

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4
Q

What is Apple

A

A US-based TNC known for designing and selling electronics like iPhones, iPads, and MacBooks

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5
Q

How large is Apple

A

One of the largest TNCs in the world
Valued at over $2 trillion
Operating in over 100 countries

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6
Q

Who does apples manufacturing

A

Mostly outsourced to China, particularly Foxconn factories in Shenzhen and Zhengzhou

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7
Q

Positive economic impacts of Apple

A

•Jobs created (4.8 million jobs in China, Foxconn is chinas largest private employer of 1.3 million)
•Boost to China’s exports and economy
•Tax revenue in countries with Apple stores

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8
Q

Negative economic impacts of Apple

A

•Accusations of tax avoidance e.g. using Ireland as a low-tax base
•Profits repatriated to the US
•Poor working conditions in some supplier factories (e.g. long hours, low pay at Foxconn)

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9
Q

Social and environmental criticisms

A

•Exploitation of labour, suicides at Foxconn, child labour allegations in mineral mining
•E-waste issues – frequent product upgrades create electronic waste
•Environmental costs from energy use, mining of rare earths, and carbon emissions

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10
Q

Apple and global governance

A

•Accused of avoiding corporate tax using subsidiaries in Ireland and elsewhere
•Faced EU investigation and pressure to repay €13 billion in unpaid taxes

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11
Q

How many suicudes were there in 2010

A

14

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12
Q

What is Ireland corporate tax

A

12.5% one of the lowest in the eu

Apple made deals with the Irish government allowing it to pay as little as 0.005% tax on European profits at one point

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13
Q

Working conditions - Foxconn

A

Most workers live on site
Wages around $150-200/month
Workers regularly working over 60 hour/week
Student and child labour-employees under 18 are subject to the same conditions

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14
Q

Environmental issues

A

Criticism from greenpeace
Use of toxic chemicals in manufacturing
Reliance on non renewable resources
Chinese factories discharge pollutants
Lack of recyclability

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15
Q

Apple response environment

A

Launching ‘green my apple’
Now uses 75% renewable energy
Investment in large solar farms
Removed pvc plastics and brominats chemicals

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