Saturday, August 24, 2019
Apple Essay Example | Topics and Well Written Essays - 1500 words - 6
Apple - Essay Example There are also problems of transit from country to country caused by manufacturing and logistics of different countries. Economic factors are more inclined in the differences in currency of different countries which manufacture and assemble its technological software sector. After recession, most of the economic conditions of the countries involved improved significantly; however, this came with the increase in the prices of oil and consequently inflation. This inflation hit most global markets reducing the purchasing power of the consumers. As such, most of its technological software was considered a luxury as most of the consumers were unwilling to buy them. Furthermore, USA and Europe which are the major operators of Apple Inc. experience high rates of unemployment recently which reduced the sales of their technological products. The volatility of the currency exchange rate between countries makes the economic condition very unpredictable. There is a global call for all the manufacturing companies to produce products which are recyclable if not biodegradable. This move is propelled by many Environmental protection and Health & Safety initiatives and organizations which impose regulations and laws of environmental protection. This has been the fate of many countries where Apple operates and thus it affects its production by raining its production costs. This is unfavorable to the financial conditions of the company. Europe and Canada are some of the most hit areas which have been affected as the regulations require production of recyclable products. Technology is not static and thus requires Apple to be on the lookout for new and improved models. The fast technological changes coupled with the intense competition especially in the smart phone industry causes Apple to spend a lot of money on improving the quality of their products. This involves massive research and developed especially given the short nature of
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