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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (15727)	1/22/2012 6:30:39 PM
From: rnsmth	Read Replies (1) \| Respond to of 32692

Here is the Fair Labor Association's press release January 13, 2012 - The Fair Labor Association today announced that Apple will join the FLA as a Participating Company, effective immediately. The FLA will independently assess facilities in Apple's supply chain and report detailed findings on the FLA website. Apple becomes the first technology company to join the Association as a Participating Company. FLA Participating Companies agree to uphold the FLA Workplace Code of Conduct throughout their supply chains and commit to the FLA’s Principles of Fair Labor and Responsible Sourcing. In 2011, the FLA worked with Apple to assess the impact of Apple's training programs which help raise awareness of labor rights and standards among workers in its supply chain. Like all new affiliates, Apple will align its compliance program with FLA obligations within the next two years. “We found that Apple takes supplier responsibility seriously and we look forward to their participation in the Fair Labor Association," said Auret van Heerden, FLA's President and CEO. "We welcome Apple's commitment to greater transparency and independent oversight, and we hope its participation will set a new standard for the electronics industry.” In addition to conducting independent assessments of participating companies’ supplier facilities, FLA works with civil society organizations, universities and companies to develop and improve social responsibility programs and provide training and capacity building at the facility and brand level. "We're extremely proud to be the first technology company admitted to the FLA," said Jeff Williams, Apple's senior vice president of Operations. "Last year we performed more than 200 audits at our supplier's facilities around the world. With the benefit of the FLA's experience and expertise, we will continue to drive improvements for workers and provide even greater transparency into our supply chain." Progress reports and findings from Apple assessments will be published as they become available. For more information, visit Main Page.

To: FJB who wrote (15727)	1/22/2012 6:51:40 PM
From: zax	Read Replies (2) \| Respond to of 32692

As rnsmth so likes to say, "from another board": Apple executives say that going overseas, at this point, is their only option and recount the time Apple redesigned the iPhone's screen at the last minute, forcing an assembly line overhaul. A foreman immediately roused 8,000 workers inside the company's dormitories, and then each employee was given a biscuit and a cup of tea, guided to a workstation and within half an hour started a 12-hour shift fitting glass screens into beveled frames. Within 96 hours, the plant was producing over 10,000 iPhones a day. 'The speed and flexibility is breathtaking,' says one Apple executive. A comment on the story, also "from another board": So essentially Apple is saying, "We can't have these jobs in the US because the Standard Of Living in the US is too high, and we want to profit from a lower SOL." Seriously, the workers are woken up in the middle of the night from their dormitories, given "a biscuit and a cup of tea" (as though this is some magnificent reward), then faced a 12 hour shift, before being overworked for a week straight. All because Apple made a bad design decision, and obviously their product's street date is more important than the health and well-being of 8,000 workers. This is sweat-shop mentality. Apple shouldn't be boasting about this, they should be apologizing. Check out the comment section on the story on NYT. Its a regular Apple hate-fest.