Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Apple Inc. is an American multinational technology company that specializes in consumer electronics, software and online services. Apple is the largest information technology company by revenue.

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
5196
Capital, mln.USD
1211
Glob.Revenue, mln.USD
378323
Staff
8139
Assets, mln.USD
1173

The company has official distributors in Russia.

The Company Statement
November 18, 2022

The company is stopping all exports into its sales channels in the country. Apple Pay and other services have been limited. Apple pulls top Russian social media app, VKontakte, from App Store but in few days Apple has restored the Russian social network "VKontakte" in the App Store.

December 26, 2022Apple did not allow phones to be adapted to Russian communication networks
December 22, 2022The application of Rosselkhozbank was removed from the AppStore due to sanctions
December 22, 2022The Rosbank Online application has been removed from the App Store
December 28, 2022Apple pulls top Russian social media app from App Store
March 25, 2022Apple Pay and Google Pay will stop working for cards of sanctioned banks
March 11, 2022As tech companies suspend sales in Russia, what is the actual business impact?
February 01, 2022Apple says it halts all product sales in Russia
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