Apple Is Half Angel And Half Devil

By Author: anita zhu
Total Articles: 384
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Apple recently Apple recently claimed that it had created 514,000 jobs in the United States. However, in the process of rapid development, Apple had destroyed many markets, products and companies that once had strong ability of making profits, resulting in many jobs no longer exist.

In fact, it is not the companies and entrepreneurs that create jobs but a healthy economic environment. The Business Insider analyzed the data from Bloomberg and identified 50 companies that are seriously affected by Apple, including IBM, HP, Barnes & Noble and Adobe. The data shows that, due to Apple’s success, other companies and organizations had a total decrease of 490,570 jobs.

The following are the details of companies and agencies that are affected:

1. Circuit City: jobs decreased by 42,974

As a major U.S. electronics retailer, Circuit City had more than 420,000 employees in its heyday. But with the gradual growth of Apple’s share in the PC market, Circuit City is difficult to keep up with the pace of Apple. After the collapse of LCD TV prices during the Christmas holiday of 2008, Circuit City eventually ...
... filed for bankruptcy and had massive layoffs.

2. The U.S. federal government: jobs decreased by 42,105

The New York Times recently reported that Apple achieved a large number of tax avoidance by abusing. Consulting firm Sullivan estimated that Apple’s tax avoidance led to the loss of $ 2.4 billion tax income for the U.S. federal government. According to the salary level of public servants in the United States in 2011, it is equivalent to reducing 42,000 employees for the federal government.

3. Kodak: job decreased by 28,000

Kodak has been going on for many years, and the total number of employees decreased from the former 10 million to 1.71 million. The development of the iPhone and other mobile devices affect the market demand for the Kodak camera. Kodak filed for bankruptcy protection in January of this year.

4. Hewlett-Packard: job decreased by 16,995

The development of iPad makes HP in trouble. HP has tried to develop tablet computer products, but TouchPad just brought a disaster. In the past few years, HP laid off thousands of employees.

5. Motorola: jobs decreased by 16,474

After the success of Razr, Motorola no longer launched successful products. Then, Motorola cut costs and personnel.

6. Borders: jobs decreased by 16,600

The development of Apple’s products has affected a variety of industries, one of which is the sales of physical books, movies, and music. Driven by Apple, consumers switch to digital content downloads and streaming media services, which directly leads to the bankruptcy of the Borders.

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