Financial Analysis of Apple Inc.
Financial Analysis
(Submitted by)
Abstract
The following paper aims at discussing the financial position of the American multinational corporation, Apple inc., which designs and markets consumer electronics, computers and personal computers mobile communication devices, and portable digital music and video players, as well as sells various related software, services, peripherals, and networking solutions. Apple Inc. together with subsidiaries sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative customers. As of September 26, 2009, it had 273 retail stores, including 217 stores in the United States and 56 stores internationally. In the paper, the financial analysis has been done for the latest 3-5 years and the resulting ratios are examined for trends and also compared to industry ratios for those years. Profitability and solvency ratios are the two ratios taken to measure company performance.
Key words: liquidity ratios, profitability ratios, trends etc.
Main Body
The financial position of Apple Inc. with personal computer systems industry is shown below: Growth Rates % | Company | Industry | S&P 500 | Sales (Qtr vs year ago qtr) | 48.60 | 46.50 | 15.80 | Net Income (YTD vs YTD) | 66.50 | 61.10 | 90.50 | Net Income (Qtr vs year ago qtr) | 89.80 | 82.60 | 121.60 | Sales (5-Year Annual Avg.) | 38.97 | 35.01 | 7.78 | Net Income (5-Year Annual Avg.) | 98.68 | 86.79 | 8.56 | Dividends (5-Year Annual Avg.) | NA | NA | 5.16 |
Financial data in U.S. dollars
Industry: Personal Computer Systems
From the above data, (yahoo finance. Com) it can be seen that Apple has been an industry outperformer. Since the last five years if we average out the performance of Apple inc. we can see that the sales and net income of Apple
(Submitted by)
Abstract
The following paper aims at discussing the financial position of the American multinational corporation, Apple inc., which designs and markets consumer electronics, computers and personal computers mobile communication devices, and portable digital music and video players, as well as sells various related software, services, peripherals, and networking solutions. Apple Inc. together with subsidiaries sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative customers. As of September 26, 2009, it had 273 retail stores, including 217 stores in the United States and 56 stores internationally. In the paper, the financial analysis has been done for the latest 3-5 years and the resulting ratios are examined for trends and also compared to industry ratios for those years. Profitability and solvency ratios are the two ratios taken to measure company performance.
Key words: liquidity ratios, profitability ratios, trends etc.
Main Body
The financial position of Apple Inc. with personal computer systems industry is shown below: Growth Rates % | Company | Industry | S&P 500 | Sales (Qtr vs year ago qtr) | 48.60 | 46.50 | 15.80 | Net Income (YTD vs YTD) | 66.50 | 61.10 | 90.50 | Net Income (Qtr vs year ago qtr) | 89.80 | 82.60 | 121.60 | Sales (5-Year Annual Avg.) | 38.97 | 35.01 | 7.78 | Net Income (5-Year Annual Avg.) | 98.68 | 86.79 | 8.56 | Dividends (5-Year Annual Avg.) | NA | NA | 5.16 |
Financial data in U.S. dollars
Industry: Personal Computer Systems
From the above data, (yahoo finance. Com) it can be seen that Apple has been an industry outperformer. Since the last five years if we average out the performance of Apple inc. we can see that the sales and net income of Apple
References: 1. (Stilgar, 2007), Apple financial analysis, retrieved from: http://blogs.indews.com/financial_analysis/apple_financial_analysis.php on, 18-06-2010. 2. Jonathan Richey, Craig Maddron, “Financial analysis of Apple Inc.”, retrieved from: http://web.mac.com/jonathanrichey/My_Portfolio/Publications_&_Papers_files/apple%20analysis.pdf on, 18-06.2010. 3. http://www.scribd.com/doc/31945598/Apple-Company-Analysis. retrieved on 18-06-2010