Introduction Apple, Inc Research Paper Example | Topics and Well Written Essays - 250 words

Introduction Apple, Inc - Research Paper Example was incorporated on January 3, 1977,  in  Cupertino, California (About-apple.com, 2015). In December 1980, Apple went public by launching an Initial Public Offering (IPO). The IPO was a smashing hit and raised more money than any other IPO since Ford Motor Company’s IPO in 1956. Many of Apple’s employees became instant millionaires by virtue of their stock options (Deffree, 2014). In January, 1984, Steve Jobs unveiled the Macintosh, a computer equipped with graphical user interface. A strained relationship with John Sculley, the then CEO, led to Steve Job’s resignation from Apple Computer, Inc. in 1985 (Siegel, 2011). Apple Computer, Inc. did not fare well after Jobs departure and the company nearly collapsed. It reported one of its worst financial performances in the last quarter of 1996 and the initial phase of 1997. The top management decided to bring back Steve Jobs (Hemert, 2010). Thereafter, there has been no looking back for the company. Apple Computers launched a series of immensely successful products including the iPod in 2001, iPhone in 2007 and iPad in 2010. Since the company expanded its product portfolio, Apple Computer, Inc. was renamed Apple, Inc. in January 2007 (Honan, 2007). As of today, Apple, Inc. is a well-renowned name in the world of consumer electronics, personal computers and software (Apple, 2015). Deffree, S. (2014). Apple IPO makes instant millionaires, December 12, 1980.  EDN Network. Retrieved from http://www.edn.com/electronics-blogs/edn-moments/4403276/Apple- IPO-makes-instant-millionaires--December-12--1980 Hemert, K. (2010).  25 Years Ago Today, Steve Jobs Left Apple.  Gizmodo. Retrieved 20 February 2015, from

Applied Economics Essay Example | Topics and Well Written Essays - 250 words

Applied Economics - Essay Example Concerning the four countries in question it is evident that the rate of growth of the Gross domestic product varies from one country to another (The world bank, 2014). Based on the comparison among the four countries it is apparent that a high volume of Money at LCU corresponds with a low gross domestic product and a low volume of money at LCU corresponds with a high gross domestic product. Money at LCU is one of the significant economic indicators since it refers to the money that is in circulation (Econstats, 2014). In this case, financial transaction tax will have a direct impact on the money at LCU. In this case, financial transaction tax will lead to a decrease for money at LCU. Based on the relationship between money at LCU and GDP a reduction in the money at LCU will raise the rate of GDP for a given country. Consequently, this will have a reduction in money at LCU will lead to reduction in inflation since it will reduce the spending habits of residents in a country. On the o ther hand, an increased local currency unit volume will increase money supply, which may lead to inflation (Eisenstein, C. 2011, 295). In conclusion, an analysis of the four data variables Inflation, money at its local currency unit (LCU), and revenue collected form tax and the gross domestic product outlines that financial transaction tax can have an impact on the economy of a country. Because financial transaction tax can regulate the money supply of a country, it can have an effect on the economic activities of a country. As a result, financial transaction tax can be used to stabilize economic conditions of a