Supply Chain Issues
Apple's supply chain has been in the spotlight recently, particularly after The New York Times highlighted worker safety issues. Cook addressed some of these issues at the Goldman Sachs conference last week, but shareholders and activist groups will certainly press Apple again on this issue.
"Apple takes working conditions very, very seriously," Cook said during the conference. "We care about every worker - we believe that every worker has a right to a fair and safe work environment."Recent media reports prompted Cook to send an internal email, saying the company cares about every worker in its supply chain. Apple recently hired the Fair Labor Association to audit one of its Chinese manufacturers, Foxconn, and found "tons of issues" that need to be addressed. Apple has worked diligently on improving its transparency, from releasing its supplier list, to making Cook more accessible to the media than his predecessor. Apple clearly cares about its image, and the supply chain is a major part of that. There is no doubt that shareholders will want this addressed today, and will be anxious to see what Cook has to say. Interested in more on Apple? See TheStreet Ratings' report card for this stock. Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices. -- Written by Chris Ciaccia in New York. To follow the writer on Twitter, go to http://twitter.com/commodity_bull. >To submit a news tip, send an email to: email@example.com