After listening in on the C.E.O. of Apple INC., Tim Cook, and the C.F.O. Luca Maestri conference call held on July 30th 2020, I picked some critical factors that have contributed towards their successful results as a company in their Q3 Fiscal year.
- Investment in their people at work
- Investment in the community
- Engagement levels with their customers
- Opening up to more investors
The company is committed and has renewed this commitment towards creating a diverse and inclusive team. There is a lot of team care and the company is highly invested in providing its team with an environment that greatly supports innovation
The company is heavily invested in it's community with two major investments:
- Racial Equity and Justice initiative where they are investing 100m USD with a special focus on the people of colour. The company is keen on breaking the barriers of social injustices that exist in the community by stepping in and raising the bar in their ecosystem.
- Affordable housing investment fund that is 400m USD which aims to address housing affordability and availability crisis
The company is heavily invested in their customer engagement with 227 Virtual labs, and new daily audio briefings among other elevated engagement investments
After announcing their financial results, the company also announced a stock split of 4 stocks for every stock (4 for 1 stock split) that the board had approved, with the focus of making their shares accessible to more stakeholders.
Reference
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