A Financial Ratio Quarterly Trend Analysis of Apple, Inc.
A Financial Ratio Quarterly Trend Analysis of
Apple, Inc.
Stock Symbol: AAPL
Listed on NASDAQ
Prepared for:
Department of Finance and Real Estate
Florida International University
In partial fulfillment of the requirements of the course:
By:
Introduction
This report provides a financial quarterly trend analysis for Apple Inc. The U.S. based company (formerly Apple Computer, Inc.) is an American multinational corporation that designs and sells consumer electronics, computer software, and personal computers. The company 's best-known hardware products are the Macintosh line of computers, the iPod, the iPhone and the iPad. Apple has been around since the mid- 1970’s, known by its former name. As of July 2011, Apple has 357 retail stores in ten countries, and an online store. It is the largest publicly traded company in the world by market capitalization, overtopping ExxonMobil by some $150 billion, as well as the largest technology company in the world by revenue and profit, worth more than Google and Microsoft combined. As of September 24, 2011, the company had 60,400 permanent full-time employees and 2,900 temporary full-time employees worldwide; its worldwide annual sales totaled $65 billion, growing to $108 billion in 2011. Apple Inc. stocks are publicly traded on National Association of Securities Dealers Automated Quotations (NASDAQ), under the symbol “AAPL”, which I will use to reference the company throughout the report.
Our group chose to analyze AAPL for the following reasons: * Apple’s remarkable success and recent extensive notoriety in the media. * We believe that studying the firm’s financial statements will give us valuable insights about Apple’s financial strategies, and help us become better managers at identifying, analyzing, and resolving financial problems.
Trading information and financial statements for AAPL were obtained from various financial websites including: Yahoo Finance; finapp.forbes.com; and MSN Money.
Apple, Inc.
Stock Symbol: AAPL
Listed on NASDAQ
Prepared for:
Department of Finance and Real Estate
Florida International University
In partial fulfillment of the requirements of the course:
By:
Introduction
This report provides a financial quarterly trend analysis for Apple Inc. The U.S. based company (formerly Apple Computer, Inc.) is an American multinational corporation that designs and sells consumer electronics, computer software, and personal computers. The company 's best-known hardware products are the Macintosh line of computers, the iPod, the iPhone and the iPad. Apple has been around since the mid- 1970’s, known by its former name. As of July 2011, Apple has 357 retail stores in ten countries, and an online store. It is the largest publicly traded company in the world by market capitalization, overtopping ExxonMobil by some $150 billion, as well as the largest technology company in the world by revenue and profit, worth more than Google and Microsoft combined. As of September 24, 2011, the company had 60,400 permanent full-time employees and 2,900 temporary full-time employees worldwide; its worldwide annual sales totaled $65 billion, growing to $108 billion in 2011. Apple Inc. stocks are publicly traded on National Association of Securities Dealers Automated Quotations (NASDAQ), under the symbol “AAPL”, which I will use to reference the company throughout the report.
Our group chose to analyze AAPL for the following reasons: * Apple’s remarkable success and recent extensive notoriety in the media. * We believe that studying the firm’s financial statements will give us valuable insights about Apple’s financial strategies, and help us become better managers at identifying, analyzing, and resolving financial problems.
Trading information and financial statements for AAPL were obtained from various financial websites including: Yahoo Finance; finapp.forbes.com; and MSN Money.