Apple, already the world’s most valuable company, hit the $600 billion level for the first time.
Analysts say apple’s stock is likely to surpass $1,000 this year, catapulting the company to a $1 trillion market capitalization
An Apple-commissioned investigation by the Fair Labor Association has found serious issues in labor practices in Foxconn’s facilities in China.
Apple has indicated it will consider higher investments in China, as chief executive Tim Cook visited Beijing to meet Chinese officials.
The makers of an influential US radio show have retracted a programme critical of working conditions in a Chinese factory making Apple devices.
Apple supplier Foxconn reports to have increased the entry-level pay for Shehzhen-based employees by 16 to 25%.
Apps foundry has acquired a stake in Indonesia-based Apple-focused community site MakeMac.com.
Amid an audit of key China-based suppliers and manufacturing plants, Apple is adamant at its stand that it “takes working conditions seriously.”