AAPL » Topics » E. Conflicts of interest

These excerpts taken from the AAPL 10-K filed Dec 19, 2003.
E.    Conflicts of interest

 

Conflicts of interest can compromise an employee’s business ethics.  At Apple, a conflict of interest is any activity that is inconsistent with or opposed to Apple’s best interests, or that gives the appearance of impropriety.  The way to identify a conflict is to decide whether there is potential for even the appearance of divided loyalty on the part of the Apple employee.  Common areas where conflicts of interest may occur are described below.  Although these focus on employees, activities of employees’ family members, household members and other third parties in significant relationships with employees should also be examined for any circumstances which may give rise to a conflict of interest, impropriety, or ethical or legal risks, whether real or perceived, for Apple or the Apple employee (examples of significant relationships include domestic partners, dating relationships, and business partnerships outside of Apple).

 

E.    Conflicts of interest



 



Conflicts of interest can compromise an employee’s business
ethics.  At Apple, a conflict of
interest is any activity that is inconsistent with or opposed to Apple’s best
interests, or that gives the appearance of impropriety.  The way to identify a conflict is to decide
whether there is potential for even the appearance of divided loyalty on the
part of the Apple employee.  Common
areas where conflicts of interest may occur are described below.  Although these focus on employees,
activities of employees’ family members, household members and other third
parties in significant relationships with employees should also be examined for
any circumstances which may give rise to a conflict of interest, impropriety,
or ethical or legal risks, whether real or perceived, for Apple or the Apple
employee (examples of significant relationships include domestic partners,
dating relationships, and business partnerships outside of Apple).



 



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Dec 19, 2003
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