Financial Statement Analysis Project Apple vs Dell
FINANCIAL STATEMENT ANALYSIS PROJECT
Comparison between Apple Inc. and Dell Inc.
Accounting and Financial Analysis
Spring 2013
Done by:
Table of Contents:
* Introduction * Horizontal Analysis * Significant Percentages * Ratios * Inventory and Depreciation * Liabilities * Cash Flow Analysis * Audit Report Analysis * Investor Analysis * Conclusion
Introduction
Apple Inc. (Apple), incorporated on January 3, 1977, Apple 's headquarter is based on Cupertino, California. Apple 's mechanism is to innovative products and a user-friendly interface. Apple provides products and services internationally to nearly 400 stores in 14 countries. Moreover, Apple designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company 's primary products include iPhone, iPad, Mac, iPod, iTunes, Mac App Store, iCloud, Operating System Software, Application Software and Other Application Software. Due to Apple’s transformation to consumer electronics, Apple now enjoys a reputation as one of the most profitable companies in history with an estimated net worth of $800 billion dollars (including $500 billion in preferred stock). Moreover, on the 23rd of March, 2013 Apple Inc. have paid around 20 million dollars to WiFiSlam in order to develop their indoor tracking and maps services for smart phones. Despite the slight shift from personal computing, the recent fiscal year shows that their primary revenue stream results from the iPhone, comprising approximately 51% of their total net sales. Their computers hold steady at 15% of the total revenue stream. Apple acquires its success through targeting customers ranging from consumers and midsized businesses to educational arenas and government agencies.
Dell Inc. is a leading
Comparison between Apple Inc. and Dell Inc.
Accounting and Financial Analysis
Spring 2013
Done by:
Table of Contents:
* Introduction * Horizontal Analysis * Significant Percentages * Ratios * Inventory and Depreciation * Liabilities * Cash Flow Analysis * Audit Report Analysis * Investor Analysis * Conclusion
Introduction
Apple Inc. (Apple), incorporated on January 3, 1977, Apple 's headquarter is based on Cupertino, California. Apple 's mechanism is to innovative products and a user-friendly interface. Apple provides products and services internationally to nearly 400 stores in 14 countries. Moreover, Apple designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company 's primary products include iPhone, iPad, Mac, iPod, iTunes, Mac App Store, iCloud, Operating System Software, Application Software and Other Application Software. Due to Apple’s transformation to consumer electronics, Apple now enjoys a reputation as one of the most profitable companies in history with an estimated net worth of $800 billion dollars (including $500 billion in preferred stock). Moreover, on the 23rd of March, 2013 Apple Inc. have paid around 20 million dollars to WiFiSlam in order to develop their indoor tracking and maps services for smart phones. Despite the slight shift from personal computing, the recent fiscal year shows that their primary revenue stream results from the iPhone, comprising approximately 51% of their total net sales. Their computers hold steady at 15% of the total revenue stream. Apple acquires its success through targeting customers ranging from consumers and midsized businesses to educational arenas and government agencies.
Dell Inc. is a leading