1984 was the year when Apple scared everyone with its Super Bowl ad, standing against conformity. Today, though it was once unconventional, it is now being valued at more than $3.4 trillion dollars. Its influence goes beyond sleek devices by controlling even the digital world.
The iPhone 16, Apple’s latest invention, has advanced features such as improved camera capacity and an improved security system, among other devices that work seamlessly with Apple. Such innovations have made sure that Apple continues to be a leader in the technology industry, thereby transforming how we interact with technology.
On the other hand, critics argue that due to Apple’s supremacy, they now resemble what they used to fight against most vehemently during their formative years; such accusations include monopolistic tendencies associated with obtaining 30% of all payments made through its App Store in terms of revenue collection (this has attracted attention from various quarters).
For instance, the US Department of Justice has filed an antitrust lawsuit against this corporation on the basis of its monopoly hold on the App Store, charging up to 30% on revenue sharing.
Some people who defend Apple emphasize its innovative products, while others say that there is a whole tangle of connections that exist beneath these top layers amongst developers who receive pennies from them, as well as the suppliers they depend on – this has made Apple a dependency culture through the way it has treated its partners and its high-end commodity lines.
There are also human costs involved, especially for workers at Foxconn, who have staged protests against wages and working conditions inside Chinese factories.