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Apple Says It Has Fixed Gender Pay Gap For U.S. Employees

Apple announced it has closed the gender wage gap for its employees in the United States and continues to hire more women and minorities, according to the iPhone maker's annual diversity report.

"We’ve achieved pay equity in the United States for similar roles and performance. Women earn one dollar for every dollar male employees earn,"said Apple's report. "And underrepresented minorities earn one dollar for every dollar white employees earn."

Grand Opening Of The Apple Inc. Flagship Store
Apple Inc. employees pose for a photograph before the grand opening of the new Apple Inc. flagship store at Union Square in San Francisco, California, U.S., on Saturday, May 21, 2016. Bloomberg / Bloomberg via Getty Images

Apple CEO Tim Cook said in February a study had determined women earned 99.6 cents for every $1 men earned, while underrepresented minorities made 99.7 cents for every $1 earned by white employees in similar jobs, according to the New York Times.

While there was nearly equity, Cook said the company was committed to closing the gap.

Apple is now looking to do the same worldwide, analyzing the compensation, bonuses, and stock grants of its global workforce to determine if there is a gender or diversity wage gap between people in similar positions.

"If a gap exists, we’ll address it. And we’ll continue our work to make sure we maintain pay equity," said Apple's report.

Facebook and Amazon said earlier this year they had closed the wage gap. Microsoft reported in April female employees make 99.8 cents for every $1 earned by a white male in a similar position.

15 Years of the Apple Store 0:50

Hiring more women and diverse candidates has been a key focus in Silicon Valley and Apple's report revealed the company has made progress this year.

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Apple's workforce is now 68 percent male and 32 percent female. That's a slight shift from last year, when the company reported a composition of 69 percent male and 31 percent female employees.

More than half of Apple's new hires — 54 percent — were minorities, according to the report. Of those, 27 percent are minorities who are underrepresented in the tech community, including black, Hispanic, Native American, Native Hawaiian, and Other Pacific Islander, said Apple.