SierraLynn Anderson
PSY-3753-850
06/04/2020
An Assessment of Apple Inc. and its Organizational Practices
When thinking of Fortune 500 companies, large conglomerates such as Amazon,
Walmart, or even Facebook may be the first to cross one’s mind. However, one Fortune 500
company is easily recognized across every continent for its continuous conquers in business,
technology, and consumer satisfaction and is almost too famous for introductions. Apple Inc. has
steadily held one of the top 5 positions in the Fortune 500 list for many years, and it’s not very
hard to see why (Fortune 2020). Apple Inc. is a multinational technology company that develops
cutting-edge online services, computer software, and electronics. It was founded in April of 1976
by Steve Jobs and his partner, Steve Wozniak. Both of whom were just college dropouts
attempting to survive their early twenties. With a dream of changing the world’s perception of
computers and conceiving a consumer-friendly computer small enough to have in a home or
office, they ran the startup company out of Jobs’ garage and created the first “personal”
computer, the Lisa. With a price point of $10,000, the Lisa was generally inaccessible to the
public. Nevertheless, it led to the creation of, arguably, the first computer that was truly
“personal,” the Macintosh, in 1984. Thus, effectively putting Apple on the map as a competitive
tech company (Richardson 2008). After a multitude of failures, missed investment opportunities,
and changes in leadership over the past 43 years, Apple Inc has slowly become one of the most
successful conglomerates in the entire world despite its humble beginning. It’s current
headquarters located in Cupertino, California, Apple Inc. is a modern, futuristic company that
perfectly fits into the high tech, futuristic aesthetic of Silicon Valley. Apple Inc. stands above its
competitors by creating visually simplistic, although uniquely advanced products that
consistently dominate the consumer market.