Apple Inc. Company Overview

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By: Michelle Bielak, Wally Henriquez, Sean McNeil, Alex Ogozaly, Elizabeth Rubino, Kevin Sullivan

APPLE INC. PARENT COMPANY OVERVIEW
Name: Apple Incorporated Location: Cupertino, California CEO/ President: Steven Paul Jobs Company Annual Revenue: $65.2 billion (Fiscal year ended September 2010) Number of Employees: 49, 400 Employees (Fiscal year ended September 2010) Type of Business: Electronics, Entertainment

APPLE’S MISSION STATEMENT
“Apple designs Macs, the best personal computers in

the world, along with OS X, iLife, iWork, and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple reinvented the mobile phone with its revolutionary iPhone and App Store, and has recently introduced its magical iPad which is defining the future of mobile media and computing devices.”

PARENT ORGANIZATION CHART
Company CEO President Steven Jobs

Hong Kong China,VP: John Brandon

Milano Italy,VP: Pascal Cagni

Headquarters, California, USA

Our Business Unit, New Delhi India

Sales

Marketing

Products

Customer Service

Finance

Music

Electronics

Educational Programs for children/ adults

Games

Software

Engineering

GOALS IN THE NEXT TWO-YEARS
 Company Annual Revenue: Increase revenue with new

products and updated product to 65million  Number of Employees: Increase the number of employees in all departments and expand the number of Apple Inc. stores location wide  The main concern of Apple in 2011 is to be environmentally safe

Apple’s Strategic Positioning: High Valued Electronics at a High Price Increase Profit, reduce costs Maximize Shareholder Value  Enter New Markets Enterprise Valuation

Reduced Costs
Profitability Add Value and Raise Prices Sell more in existing Markets

Profit Growth Enter New Markets

LABOR LAWS
 “Workmen’s Compensation Act, 1923”

 “Payment of Wages Act, 1936”
 “The Industrial Disputes Act, 1947”  “The Minimum Wages Act, 1948”  “The Maternity Benefit Act, 1961”

 “Payment of Bonus Act, 1965”
 “Payment of Gratuity Act, 1972”

FINANCIAL LAWS AND REGULATIONS
 The Reserve Bank of India

 “Banking Regulation Act, 1949”  Banking Companies Bill passed on August 9, 1969.  India Accounting Standards  SEBI established in 1988.

INDIA LAW
 Structure of the Indian Judicial System

 Supreme Court, High Court, Courts of Civil Jurisdiction.  Based off of English common law.  Criminal law in India based on the Indian Penal Code.  Supreme Court recently grants right to counsel on

February 24, 2011.  Important to consider Hindu Law in India.

IMPORTANT ASPECTS OF INDUSTRY AND GEOGRAPHY
 Price lower with cheap labor

 Will population want to purchase

our products?  Indian Ocean  Great trade opportunities  77% of trade done by sea

ECONOMIC AND FINANCIAL CONSIDERATIONS
 Tenth largest in world (nominal

GDP)  GDP per capita in U.S. dollars expected to triple by 2020 (Goldman Sachs)  Population is young – key because of our innovative products  Time to invest is now (booming economy, great ROA)  Safe place to invest – not greatly affected by downturn

POLITICAL CONSIDERATIONS AND DEMOGRAPHICS
 Shouldn’t be a problem politically

 From 1991-2006, foreign investment increased from 150

million to 9.5 billion  Youngest workforce (large economies)  17.5% of world’s population  65% of population is below 35

LABOR MARKET AND COMPETITION
 Lower standard of living, cost of

inputs decreases, cheaper wages  Labor force participation rate= about 400 million out of 1 billion  30 million in organized employment, 340 in unorganized (organized private sector – 3% of employment)  Compete directly with Microsoft  (PC vs Mac) We own everything else

PARENT COMPANY/ STRATEGY
 United States is Apple Inc parent country.

 International strategy for international business.  Determined by cost of reduction and local...
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