Does Apple Have a Problem With Its Suppliers?

The video discusses the financial and contractual relationship between Apple and GT Advanced Technologies. Initially, GT Advanced was contracted to produce scratch-resistant glass for the iPhone 6, but the project failed, leading to GT's bankruptcy. The video reveals the secretive terms of Apple's supplier contracts and the impact on GT's stock. It also covers the SEC's investigation into GT's trading activities and the company's failure to meet contractual milestones, which were not disclosed to shareholders.

What was the initial purpose of the partnership between Apple and GT Advanced Technologies?

• To manufacture batteries for Apple devices

• To produce scratch-resistant glass for the iPhone 6

• To develop a new operating system

• To create a new line of laptops

What happened to GT Advanced Technologies' stock after announcing the deal with Apple?

• It was unaffected by the announcement

• It decreased significantly

• It soared initially and then collapsed

• It remained stable

What was a major reason for GT Advanced Technologies' financial difficulties?

• Lack of demand for their products

• Increased competition in the market

• Failure to meet contractual milestones with Apple

• High employee turnover

What did GT Advanced Technologies fail to disclose to their shareholders?

• Their plans to expand into new markets

• Their partnership with another tech company

• The missed milestones and loan payments from Apple

• The hiring of a new CEO

What action did the SEC take regarding GT Advanced Technologies?

• They merged the company with another

• They provided financial assistance

• They opened an investigation into their trading activities

• They awarded the company for innovation