Growing Customer Value of Apple, Inc Essay Example | Topics and Well Written Essays - 2500 words - 1

Growing Customer Value of Apple, Inc - Essay Example The company is located in the Silicon Valley in the United States that is currently experiencing economic turmoil. The recession has caused some technology companies to close shop and file for bankruptcy. Unemployment in the region has increased due to the economic downturn. Â  On the other hand, the high standards of living among Americans have prompted for an increase in labor wages. The problems of the American economy created threats to the sustainability of some companies. However, Apple saw the recession as an opportunity to pool potential talents for their new business ventures. Â  Laws and regulations related to mobile communications devices in the many jurisdictions in which the Company operates are extensive and subject to change. Such changes, which could include restrictions on production, manufacture, distribution, and use of the device, locking the device to a carrier’s network, or mandating the use of the device on more than one carrier’s network, could have a material adverse effect on the Company’s financial condition and operating results. Mobile communication devices, such as iPhone, are subject to certification and regulation by governmental and standardization bodies, as well as by cellular network carriers for use on their networks. These certification processes are extensive and time consuming and could result in additional testing requirements, product modifications or delays in product shipment. (Apple, Inc, 2008) Â  Information technology system failures, network disruptions and breaches of data security could disrupt the company’s operations by causing delays or cancellation of customer, including channel partner.