Apple Reports Second Quarter Results Best March Quarter Revenue and Earnings in Apple History CUPERTINO‚ California—April 22‚ 2009—Apple® today announced financial results for its fiscal 2009 second quarter ended March 28‚ 2009. The Company posted revenue of $8.16 billion and a net quarterly profit of $1.21 billion‚ or $1.33 per diluted share. These results compare to revenue of $7.51 billion and net quarterly profit of $1.05 billion‚ or $1.16 per diluted share‚ in the year-ago quarter. Gross
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resulted in the highest total revenue‚ despite having a lower nightly profit than other options. This strategy batched the restaurant patrons in groups of eight from open to 7pm and 7pm to 8pm. From 8pm to 10:30pm‚ patrons were batched in groups of four to eight. This strategy helped keep customers in the bar longer in the earlier hours‚ resulting in increased drinks revenues. Not batching customers decreases the efficiency of the restaurant‚ thus decreasing overall revenues. Batching allows customers
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performance in a competitive market area. This report consists of two main sections. First section is to analyse the objectives‚ strategies and outcomes of the business for first three years in detail. Secondly‚ a financial analysis such as total revenue and net income analysis will be done through different data graphs. 2. Overview of Business Plan for the last three years 2.1. Positioning and Mission statement Hotel positioning Crystal Hotel is positioned as a quality 3-star hotel. It
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South Korea discovered that there was big problem in the headquarters’ overhead cost allocation when he was preparing for the branch operation report. Taejon was a rapidly growing city. with the hard work Kim‚ the Taejon branch raised insurance revenues. However‚ the net income of the Taejon branch was much lower than for the prior year. And this attributed to the inappropriate cost accounting systems. For the underlying cause of applying this accounting method‚ it was believed that the Korean
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Legal form Private Limited Consolidation code U1 Legal status Active Account date 31/12/2009 Source Jordans Number of years 10 BvD indep. indicator D Account currency GBP Size & main activity/industry Op. revenue (Turnover) 5‚218 mil EUR No of employees 9‚159 P/L for period (Net Income) 2‚082 mil EUR No of rec. shareholders 1 No of rec. subsidiaries 4 Company category Very Large Main activity Other telecommunications activities
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The Case Interview • What is a case interview? The Case Interview • What specific skills does it assess? • How to prepare for a case interview? • An interactive example. What is a “Case Interview” anyway? The Case Interview Simulation of a business problem. Similar to what our associates encounter every day. Series of open-ended questions. They’re designed to stimulate your conceptual‚ quantitative‚ analytical and – most importantly – creative abilities. The Case Interview There are
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Lesson 1: The Accounting Process (Textbook Libby et al. Chapters 1 and 2). Objectives: When you have successfully completed this lesson‚ you will be able to... Define accounting and explain its purpose Define business and identify the different types of businesses Explain the accounting equation: Assets = Liabilities + Owner’s Equity Visualize the start of a business‚ create accounting transactions for it‚ and prepare simple financial statements Reading Assignment Please read chapters
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Key Formulas SEE Articulation- Pg. 16 Income= Revenues - Expenses Assets = Liabilities + Equity Gross Profit = Sales Revenue- COGS Pg. 12 Assets (Listed in order of solvency) Cash………………………………………………………………..$1‚955 Non-Cash………………………………………………………..13‚043 Total Assets….....................................................$14998 Current yr net income % Return on = Net Income = [(Prev. yr S/E + Current yr. S/)/2] Equity (ROE) Average S/E Pg. 21 Beginning retained Earnings + Net Income
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after their quarterly report of that period is mainly due to above listed issues. Analysis According to the report from 2007 financial Tables‚ the biggest source of total advertising revenue is Google web sites‚ $3.377 million (55%) in 2005‚ $6.332 million (60% )in 2006 and $10‚624 million (64%) in 2007. Revenues increased from $6.138 million in 2005 to $10‚604 million in 2006 and $16‚593 million in 2007. This is 73% growth from 2006 to 2007 and 56% growth from 2006 to 2007. The growth of Google
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products? Potential Benefits: 1. How large is the (existing/potential) market for this product? 2. How much revenue is expected from it? 3. How long is the potential life of this product? 4. What are the growth potentials of this product? 5. How long will take for competitors to imitate/ pioneer a similar product? PROS CONS GangBuster Expansion Program Maintains revenue stream Limits Budget of R&D for other projects ($300‚000 needed to maintain current sales) There is still potential
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