In 2009, consumer electronics
giant Apple, Inc. (Apple) based
in Cupertino, California, topped Fortune Magazine's "Most
Admired Companies" list for the second consecutive
year. The company was given a top rank in innovation
as well as people management. On Apple's achievement, Forbes journalist Alyssa Abkowitz
wrote, "It's been a rocky year for Apple: CEO Steve Jobs' health
made headlines, and critics said Cupertino wasn't being open enough about
it. But customers remained loyal to the brand that made white ear buds
cool. As much of the computer industry struggled, Apple shipped
22.7 million iPods during its first quarter (up 3% from last year), 2.5
million Macs (up 9%), and 4.4 million iPhones. No wonder Apple tops
our Most Admired list for the second year in a
row."
Founded in 1976, Apple designs, manufactures, and markets
personal computers, portable digital music players, and mobile
communication devices and related software, services peripherals,
and networking solutions. Some of its remarkable products and
services include the Macintosh line of desktop and portable
computers, the iPhone, the iPod line of portable digital music players, Apple
TV, Xserve, consumer and professional software applications, the Mac
OS X operating system, third-party digital content and
applications through the iTunes online store, and a variety of accessory,
service and support offerings. For the third quarter ended June 2009,
Apple posted revenues of US$8.34 bn and a net quarterly profit of
US$1.23 bn. Apple had about 35,000 employees worldwide as of
2008. |