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.
More generally, conflicts of interest can be defined as any situation in which an individual or corporation (either private or governmental) is in a position to exploit a professional or official capacity in some way for their personal or corporate benefit.