TNC report card - Ethan Blythe TNC report card Apple | Page 4

Economic Growth

Apple is an extremely profitable organizations one of there most profitable merchandises for Apple is the smart phone

Smart phone sales and production amounted to $3.6 trillion of the global economy in 2017, the IMF said in its April World Economic Outlook. The industry represented 5.7 percent of Chinese exports, and in Ireland —where Apple's European operations are headquartered —iPhone exports alone are said to have amounted to a quarter of the country's economic growth, in value-added terms.

A- steadily and then thoroughly apple revenue has climaxed especially in the 2010s onwards where there was a huge increase of profit.