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Apple Inc. has been the subject of criticism and legal action. This includes its handling labor violations at its outsourced manufacturing hubs in China, its environmental impact of its supply chains, tax and monopoly practices, a lack of diversity and women in leadership in corporate and retail, various labor conditions (mishandling sexual misconduct complaints), and its response to worker ...
The Digital Markets Act requires Apple to open up the iPhone to third-party app stores, enabling developers to get around the 30% and 15% fees the company charges for sales through its own App Store.
The company also announced they would start including ads in the Books, Maps, and TV iOS apps, [219] and that it would eventually move production out of China. [220] An Apple Vision Pro headset on display. Apple launched a buy now, pay later service called 'Apple Pay Later' for its Apple Wallet users in 2023. The program allows its users to ...
Apple Inc. has received both praise and criticism for its environmental practices – the former for its usage reduction of hazardous chemicals in its products and transition to clean energy supplies, and the latter for its wasteful use of raw materials in manufacturing, its vigorous opposition to right to repair laws, and the amount of e-waste created by its products.
According to recent data from The Motley Fool, Apple ranks as the largest company by market cap, with a capitalization of $3.68 trillion as of Jan. 6, 2025. That put it ahead of No. 2 Nvidia (NVDA ...
You know a company is doing well when its bad news is actually good for the company. According to a report from The Wall Street Journal, Apple is facing the oh-so-terrible truth that the iPhone 5c ...
Apple's considerable commercial success is partly attributable to the outsourcing of its consumer electronics production to Asia. As the principal manufacturer of products and components for Apple, Taiwanese company Foxconn employed 1.4 million China-based workers in 2013. The workers are part of China's "floating population" of 200 million ...
Apple's stock was down on reports of a drop in iPhone chip shipments. This was the first time that Apple had fallen to $90 per share since June 2014.