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    AAPL   US0378331005

APPLE INC.

(AAPL)
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Delayed Nasdaq  -  04:00 2022-08-09 pm EDT
164.92 USD   +0.03%
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Apple will not challenge Maryland store unionization vote

06/24/2022 | 04:41pm EDT
FILE PHOTO: Illustration shows Apple logo

(Reuters) - Apple Inc will not challenge the results of a vote by workers at its Towson, Maryland, store to unionize and intends to participate in the bargaining process in good faith, a person familiar with the company's plans told Reuters on Friday.

Nearly two-thirds of the employees at the store voted to join a union last week, making it the first Apple store in the United States to vote to organize.

The employees voted to join the International Association of Machinists and Aerospace Workers (IAM). The IAM did not immediately respond to a request for comment.

Apple is one of several major American companies whose workforces have moved to unionize, with workers at some Starbucks Corp and Amazon Inc locations also voting to unionize in recent months.

Apple employees at a store in Georgia earlier this year had plans to vote on unionization but canceled the vote, with union officers later filing a complaint alleging that Apple intimidated its employees. Employees at two other Apple stores in New York are also considering unionization.

(Reporting by Stephen Nellis in San Francisco; editing by Jonathan Oatis and Deepa Babington)

By Stephen Nellis


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. -1.13% 137.83 Delayed Quote.-16.38%
APPLE INC. 0.03% 164.92 Delayed Quote.-7.15%
STARBUCKS CORPORATION -1.03% 84.84 Delayed Quote.-26.71%
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Analyst Recommendations on APPLE INC.
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Financials (USD)
Sales 2022 393 B - -
Net income 2022 99 563 M - -
Net cash 2022 56 181 M - -
P/E ratio 2022 27,0x
Yield 2022 0,55%
Capitalization 2 650 B 2 650 B -
EV / Sales 2022 6,61x
EV / Sales 2023 6,24x
Nbr of Employees 154 000
Free-Float 99,9%
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Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 45
Last Close Price 164,87 $
Average target price 179,85 $
Spread / Average Target 9,08%
EPS Revisions
Managers and Directors
Timothy Donald Cook Chief Executive Officer & Director
Luca Maestri Chief Financial Officer & Senior Vice President
Arthur D. Levinson Independent Chairman
Kevin M. Lynch Vice President-Technology
Jeffrey E. Williams Chief Operating Officer
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