Essay Apple Inc

Submitted By m255549
Words: 332
Pages: 2

Apple Inc. was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976. According to Apple’s 10-K company background, the company designs, manufactures, and markets mobile communication devices, PC, music players, and provides wide variety of related software, services, through its in-store, online and third party channel. Apple’s 2014 revenue was recorded at 182 billion ended in Sep. 27, the gross profit at 70 billion dollars, net income at 39 billion1. By just looking at the revenue, Apple’s performance show up-ward sloping curve, which reflects the outstanding net sales year over year. Currently, Apple’s stock price is listed as 108.86 on Nov 5, and NASDAQ forecasted earnings growth of Apple is expecting at 16.4% with a 5-year forecast average of 12.81%2. The oldest (overall) report that our group can find is 2009, which was named Facilities report later on changed to apple facilities environmental footprint report. In 2014, the name finalize into Environmental Responsibilities Report. In the latest report of FY2013, the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines 4.0 was acknowledged during the preparation of the report, report type is listed as GRI-Referenced on GRI’s database.3
Reports from 2009-11 provided data on Apple’s annual usage of energy, water, recycling, etc. Apple’s approach of protecting the environment is by reduce emissions and manage environmental impact of everyday operations. Apple had programs4 including, using more