Financial Management of Apple Inc - Report
18 Pages3355 Words64 Views
Added on 2020-05-28
Financial Management of Apple Inc - Report
Added on 2020-05-28
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Running Head: Financial Management1Financial Management
Financial Management2ContentsIntroduction.......................................................................................................................3Company overview...........................................................................................................3Current financial statement...............................................................................................5Apple’s Income statement............................................................................................8Apple’s Balance sheet...................................................................................................9Apple’s Cash flow and Apple’s owner’s equity...........................................................9Ratio calculations............................................................................................................10Key statistics...................................................................................................................14Stock purchase................................................................................................................15Other information...........................................................................................................16Recommendation............................................................................................................17References.......................................................................................................................18
Financial Management3Introduction:Financial management is an analysis process to evaluate and analyze the position of the company. This process helps the analyst to evaluate about the performance of the company so that it becomes easy for them to make better conclusion about the company. Thisreport has been prepared to evaluate the performance and financial position of the company, APPLE INC so that the investment opportunity of the company could be evaluated and it has been analyzed that how is the manpower position of the company. Company overview:Apple Inc. is an American company which is operating its business in information technology industry. Headquarter of the company is in California. The company designs, sells and develops the computer software, electronic devices, mobile phones and online services. Hardware product of the company includes iPhone, iPad, iPod, Mac personal computer, Apple TV, HomePod speaker, smart watches etc. On the other hand, software of apple includes macOS, iTunes, iOS operating system, iLife, safari web browser, iWork, Xcode etc. company also offers various online services such as iTunes stores, Apple music, Mac app store, iCloud (Home, 2018). Company was founded in April 1976 by Steve Jobs, Steve Woozier and Ronald Wayne. Firstly, the main business of the company was developing and sell personal computernamed by Wozaniak’s Apple. The company was incorporated as Apple computer Inc in 1977.The current position of the company explains about various significant moments, revenue growth and market position of the company. Apple Inc went public for achieving the instant financial success in 1980. According to the annual report (2017), total turnover of the company is US$ 229.234 billion. Total number of employees of the company is 1,23,000. The company is serving its products and services worldwide (Baker and Nofsinger, 2010).
Financial Management4The company has enjoyed huge level of loyalty and it has also been repeated that the company has been awarded as most valuable brand of the company. However, the company has received significant criticism in context with the labour practices, business practices, environmental practices which also includes anti competitive behaviours and the sources of materials. Apple inc. is the largest information technology company in worldwide in terms of itsrevenue and it is second largest mobile manufacturing company. In the year of 2015, apple Inc has become the first US Company which has been valued more than UD$ 700 billion. Currently, company is maintaining around 499 retail stores in 22 countries and on the other hand, it is world’s largest music retailing company. According to the report of 2016, around 1billion apple products are used around the world actively (Arnold, 2013). It is a joint stock company which has been registered with the SEC. The main stakeholder of the company is The Vanguard Group which is holding 6.43% of total stock of the company. The main competitive company of Apple inc. is Microsoft Corp. Microsoft corp. is anAmerican company which is operating its business in information technology industry. Headquarter of the company is in Washington. The company designs, sells and develops the computer software, electronic devices, mobile phones and online services. The best software product of the company is Microsoft windows line of Microsoft office suit, operating system, edge web browser (Home, 2018). The hardware product of the company is Xbox video game,Microsoft surface tablet etc. Company was founded in April 1975 by Paul Allen and Bill Gates. Firstly, the main business of the company was developing and sell personal computer. The current position of the company explains about various significant moments, revenue growth and market position of the company. According to the annual report (2017), total turnover of the
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