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Apple is well known for its size and revenues. Its worldwide annual revenue totaled $265?billion for the 2018?fiscal year. Apple is the?world’s largest technology company?by revenue and one of the?world’s most valuable companies. It is also the world’s third-largest mobile phone manufacturer after?Samsung?and?Huawei.?In August 2018, Apple became the first public U.S. company to be valued at over $1?trillion.?The company employs 123,000 full-time employees?and maintains 504?retail stores?in 24 countries as of 2018.?It operates the iTunes Store, which is the world’s largest music retailer. As of January?2018, more than 1.3?billion Apple products are actively in use worldwide.?The company also has a high level of?brand loyalty?and is ranked as the world’s most valuable brand. However, Apple?receives significant criticism?regarding the labor practices of its contractors, its environmental practices and unethical business practices, including?anti-competitive behavior, as well as the origins of source materials
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