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Apple's financial analysis
Apple's financial analysis
Apple's financial analysis
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Apple is one of the famous companies in the world top. With many strategies and good design are launched each quarter market attracts thousands of consumers. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, OS X. For all these enterprises the general as well as all the large and small companies in particular, issues an annual financial report is extremely important. There for, Apple is also not in exception. However, how to know about the company’s report is not easy. Beside that, the company’s annual report it is disseminated to all of company’s employee, leader, director. For example, they are departmental management, financial controllers and accountant. …show more content…
Financial statements are a useful tool for assessing the comparison between enterprises. From financial report shows everything that the company owns the debt and profits and losses within a certain period of time and position of the company changes how from the final report. In its annual report, Apple said it sold nearly 170 million iPhones in fiscal 2014, up 13% compared to 2013. The total value of the sale of the iPhone at more than 100 billion US dollars, accounting for 56 % of total company revenues. Have to say, Apple is dependent on their iPhones. According to data from IDC web site, specializes in providing consulting services to investors in the field of information technology, there are 5 major phone providers in the world is Samsung, Apple and Lenovo . Samsung led the market share. They contributed 21.4% of total handsets sold as of 02 June 2015. However, this figure fell by more than 3% over the same period last year, similar to Lenovo fifth. Apple holds the second position but their phone number sold over the same period last year increased by …show more content…
(References: http://www.apple.com/pr/library/2016/04/26Apple-Reports-Second-Quarter-Results.html) Apple today announced financial results for its fiscal 2015 fourth quarter ended September 26, 2015. The Company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. These results compare to revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per diluted share, in the year-ago quarter. Gross margin was 39.9 percent compared to 38 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s
The Securities and Exchange Commission requires that publicly owned businesses provide annual reports, which are available to the public. Many different people use annual reports, to make informed business decisions. Management from the company uses the information to determine a number of items. Some of these items are the profitability of the company, the inventory turnover rate, and the accounts receivables rate. Creditors use the annual report to determine how well a company can satisfy its current liabilities, as well as, how the company is doing in the aspect of long tem survival. Another group of people who use the annual reports furnished by companies are the investors, who can purchase shares of stock from the publicly company. Annual reports are very important to these people, because they are an over all picture to help them determine the over all stability and reliability of the company’s financial outlook. These annual reports are important because they do not only contain the financial statements of the company, but there is a management ‘s note to discuss reasons for any unexpected numbers, and an auditor’s report, from an independent accounting firm, who either agrees or disagrees with the financial numbers. Market reporter Matt Krant said, “Ignoring these reports is akin to driving down the freeway blindfolded.”
.... Apple only grew 13% market share and shipped 153.4 million smart phones for only 15% market share.
The company went public in 1980 by offering 4.6 million shares at $22/per share. The shares sold out almost immediately and generated more capital than any IPO since Ford Motor Company in 1956. Apple is considered the world’s largest information technology company by revenue. In February of 2015, Apple was the first U.S. corporation to be valued at over $700 billion. During the years of 1985-1996, Apple suffered with low revenue and also low share interest. After Steve Jobs came back on the job as CEO, Apple jumped back by introducing key Apple products which in the long run made Apple what it used to be, the number one company to sell new and improved technology. Apple’s stock has had four different stock splits, but the stock has gone up close to 30,000%! It is definitely a stock that is volatile to the global news and market but in the long run it is also a stock that is good for the portfolio because of its
Apple is a global consumer electronic leader with internationally prevalent products such as the iPhone, iPad, and OSX Computers, and services such as the iOS and OSX operating systems and iCloud, a mobile cloud solution. These products, especially the iPhone, are a significant source of revenue for the company allowing it amass a cash stockpile of $203 billion. Additionally, Apple has a high level of brand loyalty from many consumers and according to Forbes has a brand valued at $143.5 billion (http://www.forbes.com/pictures/mli45fdhfm/1-apple/). Apple’s sheer size allows for economies of scale to make production cheap keeping the company at the forefront of possible
Within the last decade Apple has become one of the largest growing companies in the world and the largest valued company in the United States. According to a recent article in The Guardian, a global financial news website, “Apple set a record by becoming the first company to be valued at over $700bn (£446bn).” (Fletcher, N. 2014) This comes as no surprise to the average computer aficionado and shareholder as Apple has been making a name for itself since its inception. From its earliest Macintosh models to today’s iPhones, Apple has been a trailblazer for software, technology and revolutionizing the way we communicate on a Macro level. Their dedication to innovation, quality and service has made them
Apple’s brand is worth $145.3 billion dollars (Badenhousen, 2015). The company was the top brand on Forbes’ list of the World’s Most Valuable Brands for a fifth straight time in 2015. Apple is worth two times as much as any other company on the entire planet, but spends only a little over a billion dollars a year on advertising which is a third of what some other electronics companies spend (Badenhousen, 2015). The company relies on its loyal following of fans to promote its products. In the past 15 years, Apple has revolutionized four electronic industries, iPhone, iPad, iPod, and iTunes (Badenhousen, 2015).
Apple Inc. has over the years grown to become one of the largest corporates in the globe. The company specializes in electronic devices and over the years its product range has expanded to include the iPhone, iPad, Apple watch, Macintosh computers as well as cloud services among other products. While most of its products have had some level of success in the market, the iPhone has by large experienced the most success. This is illustrated by the fact that the company has sold over a billion iPhones since the launch of the product in 2007. Consequently, Apple Inc. has become synonymous with the iPhone despite having a much wider range of products.
On a year to year basis the industry has grown 72.95 percent and on an quarter to quarter has grown 26.94 percent. This growth allows Apple to innovate and continue to lead the way in the industry (Total markets). As the industry grows Apple Inc grows with it as well. In 2014 Apple announced some very disappointing figures for its iPhone sales that had everyone thinking that it 's glory days when Steve Jobs ran the company is behind them. Then they reported the largest quarterly profit ever for a publicly traded company ever. This changed the mindset of everyone. Mr. Cook of Apple Inc stated “We certainly believe there are legs to it” when he commented about the iPhone sales growth. Some figures that he stated include that fewer than 15 percent of older iPhone owners upgraded to the iPhone 6 or 6 plus. Along with the majority of the people who did switch were from the Android operating system.
Apple has made radical financial advances over the past few years, which can be easily illustrated through this analysis. The company recorded a 35.3% increase in revenues over 2007 reaching $32.479 billion with a net profit of $4.834 billion equating to a 38.3% increase over 2007. With these increasing numbers year after year, Apple has blown away the industry averages while becoming a true contender in the fight against Microsoft, IBM, Dell and Hewlett-Packard (Apple, Inc., 2012).
Financial reporting provides financial information that is used internally to make important decisions regarding credit, cash flow prospects and investment strategies. Financial reporting is also used to communicate important financial information to those that are external to the entity.
Today, Nokia is the world leader in mobile communications. The company generates sales of more than $27 billion in a total of 130 countries and employs more than 60,000 people. Its simple mission: to "connect people."
Tyrsina, R. (2013). [Graph illustration of Apple’s revenue from 2007 to 2010]. Apple and its
Apple Inc. was established by Steve Jobs and Steve Wozniak on April 1, 1976 as a computer designer, developer and seller company. However, the company shifted its focus from only personal computer to include other consumer electronics such as portable media player and mobile phone in 2007. Apple Inc becomes one of the most popular makers in its field since it seems that its popularity has increased according to a report on www.statista.com that Apple Inc’s products sales was generally increasing throughout the first quarter of 2006 to the first quarter of 2014. On the one hand, it has increased its revenue from about 14 billion US dollars to more than 170 billion US dollars in 2013. All in all, the company is highly successful corresponding to its products’ development and their sales growth in world’s market.
In 2007, after thirty years, the organization changed its name from Apple Computer to Apple Inc., this was a significant move because the organization became more independent, and it was no longer known as a vendor to Macintosh personal computer line (Yoffie & Slind, 2008). This strategic move paid off; a year and half later, Apple Inc.’s third quarter net profit of $1.07 billion on a $7.46 billion in revenue (Yoffie & Slind, 2008).
A financial statement also known as a financial report is a formal record of the financial activities of a business, person, or other entity, Babylon dictionary (1997). A financial statement also often referred to as an “account”;