Apple Inc.by Ricardo Cadenas, Jesse Martinez,and Sydney Moody

This is our past trends for minimum wages.

• Site:  Ayuthaya, THAILAND•

Currency:  Thai Bhat

Past Trends for Minimum Wages:

      2010:      4400 per month      2005:      3960      2001:      3650      1997:      3275      1993:      2850      1989:      2425

When the site is opened in 2015, Apple intends paying workers $140 per month.  Apple will increase the wage by $8 every three years.

Our job was to…

Find the minimum wages for each of the 8 countries where these sites will be located, with conversion from local currency into U.S. dollars

Examine the projected changes in minimum wage amounts (based on past trends and patterns) through the year 2025

Compare over time between the anticipated wages offered by Apple and the minimum wages of the supplier’s country

GRAPH 1

Years from now

Minimum Wage

Graph 2

Minimum Wage

Years from now

Graph 3graph 3

Years from now

Minimum Wage

Summary

o Ayutthaya, Thailand is a nice place, but Apple won’t be able to pay minimum wage.

o It could still be beneficial for Apple to set up a factory here, but that is only as long as the workers don’t mind the pay.