Apple may have posted the most extraordinary growth in net income among any of the most profitable companies in the world. In 2004, Apple made $276 million. Last year, that number rose to $37 billion.
Here are a few examples of possible conflicts of interest: 1  You are a member of the board of directors for your childâs daycare. At the last board meeting, the directors discussed the dismissal of an employee with whom many children had problems, including your own child. 2  You are a director of an organization.
The Facts. The law doesnât say the president canât have a conflict of interest. But Congress, under Title 18 Section 208 of the U.S. code, did exempt the president and vice president from conflict-of-interest laws on the theory that the presidency has so much power that any possible executive action might pose a potential conflict.