Instructors Name: John J. Gerace
Course Title: FIN 534, Financial Management
Date: December 12th 2011
Financial Analysis: Apple Inc.
Apple Inc. is a corporation that marketplaces and designs data processor computer software, personal computers and consumer electronics. Apple is best known for bring show up the Macintosh computers, iPhone, iPad, and iPod. Apple also has a list of software including, iTunes media browser, iWork suite of productivity software, Aperture, Mac OS X run system and m whatever other software. The company was established on April 1 1976 in Cupertino California precisely incorporated in January 3rd 1977. Apple was formally named Apple Computer, Inc. for its first 30 days, but removed the word Computer in 2007 aft(prenominal) realizing the ability to branch into other products that are computer base but not all about computers. In 2008, end magazine named Apple the most admired company in the United States and were named most admired in the world for the years 2008, 2009, 2010, and 2011. Their headquarters is located at 1 Infinite circle Cupertino, CA 95014 and then have store across the country. Their stores where products brook be purchased from are located mainly in malls but can still be found in any state in the United States. Apple Inc.
has a jumbo market which ranges from students to professional. Anyone that would be interested in using a computer and can afford their equipment can purchase one. Their market is strong at this point from the looks of the financial statement for the conclusion 3 years. It also shows clearly that Apple is thriving disrespect the bad economy. Apple currently has worldwide annual gross sales of $65.23 billion with 46,600 full prison term employees and 2,800 temporary full time employees. Apples gross profit went from $8,152 in 2007 to $43,818 in 2011. The operating income of Apple also increases from $4,407 in 2007 to $33,790 in 2011. Income forrader taxes is reported at $5,006 in 2007 and $34,205 in 2011. Apples...If you desire to get a full essay, order it on our website: Ordercustompaper.com
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