Posts tagged as: vendors

Vendors to see profitability in coming months with the success of iPhone 5

Apple’s new iPhone 5 has received good reviews so far. The result is an increase in its shares to an all-time high of $682.98. But it is not Apple alone, who is benefiting from the initial success of the smartphone. Vendors are also up in stock exchanges, which provide different kinds of components to the […]

Apple agrees to labour law infringements at its Chinese vendors; hires FLA to conduct independent audits – Part 1

Corporate sector has always been target for the infringement of fair labour laws and truth be told, companies have their fair share in scandals like propagating sweatshops and labour abuse. Since the dawn of the concept, free trade, corporations have outsourced their operations to countries where the labour is cheap and the material is inexpensive. […]

Apple agrees to labour law infringements at its Chinese vendors; hires FLA to conduct independent audits – Part 2

Despite the release of a slew of reports and articles regarding the Chinese vendors, Apple’s share price remained unaffected and even soared up to $500 apiece in the recent weeks. Eric Dezenhall, who runs a crisis communications firm in Washington, D.C., says the company has what he calls the “Apple Immunity,” said Dezenhall. “Apple consistently […]

Apple agrees to labour law infringements at its Chinese vendors; hires FLA to conduct independent audits – Part 3

However, Apple’s timely response has been appreciated by many, especially CEO Tim Cook responded aptly to the issue. Recently the CEO issued a letter to all Apple employees today, saying: “We care about every worker in our worldwide supply chain.” The email goes on:  “We are attacking problems aggressively with the help of the world’s […]

Apple agrees to labour law infringements at its Chinese vendors; hires FLA to conduct independent audits – Part 3

However, Apple’s timely response has been appreciated by many, especially CEO Tim Cook responded aptly to the issue. Recently the CEO issued a letter to all Apple employees today, saying: “We care about every worker in our worldwide supply chain.” The email goes on:  “We are attacking problems aggressively with the help of the world’s […]

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