Apple Financial Analysis
Apple Inc.
Tommaso Pavoncello
The company
Apple Inc. is an American multinational corporation that designs and markets consumer electronics, computer software, and personal computers. The company's best-known hardware are the Macintosh computers, the iPod, the iPhone and the iPad. Apple has recently been the largest technology company in the world by revenue and profit.
Founded by Steve Jobs on April 1, 1976 in Cupertino, California, the company was previously named Apple Computer, Inc., for its first 30 years, but removed the word "Computer" on January 9, 2007, to reflect the company's ongoing expansion into the consumer electronics market in addition to its traditional focus on personal computers. As of September 2010, Apple had 46,600 full time employees and 2,800 temporary full time employees worldwide and had worldwide annual sales of $65.23 billion.
On the 5th of October of 2011 the founder of Apple Inc. died at his home in Palo Alto, California, aged 56, six weeks after resigning as CEO of Apple. A copy of his death certificate indicated respiratory arrest as the immediate cause of death.
The death of Steve Jobs didn’t stop the Apple Inc. and the presentation of new, innovative products; in fact recently has been presented the new iPhone 4s, the latest version of the legendary smart phone.
Consolidated Balance Sheet
Most significant variation * The account “Cash and cash equivalence” decreases from 13% probably due to new investments and acquisition of new assets (for example intangible assets) * The account “intangible assets” in fact increases of 934% * The account “inventories” is computed using the first-in, first-out method, or market. If the cost of the inventories exceeds their market value, provisions are made currently for the difference between the cost and the market value. The Company’s inventories consist primarily of components and finished goods for all periods presented. The account decreases from 26% probably
Tommaso Pavoncello
The company
Apple Inc. is an American multinational corporation that designs and markets consumer electronics, computer software, and personal computers. The company's best-known hardware are the Macintosh computers, the iPod, the iPhone and the iPad. Apple has recently been the largest technology company in the world by revenue and profit.
Founded by Steve Jobs on April 1, 1976 in Cupertino, California, the company was previously named Apple Computer, Inc., for its first 30 years, but removed the word "Computer" on January 9, 2007, to reflect the company's ongoing expansion into the consumer electronics market in addition to its traditional focus on personal computers. As of September 2010, Apple had 46,600 full time employees and 2,800 temporary full time employees worldwide and had worldwide annual sales of $65.23 billion.
On the 5th of October of 2011 the founder of Apple Inc. died at his home in Palo Alto, California, aged 56, six weeks after resigning as CEO of Apple. A copy of his death certificate indicated respiratory arrest as the immediate cause of death.
The death of Steve Jobs didn’t stop the Apple Inc. and the presentation of new, innovative products; in fact recently has been presented the new iPhone 4s, the latest version of the legendary smart phone.
Consolidated Balance Sheet
Most significant variation * The account “Cash and cash equivalence” decreases from 13% probably due to new investments and acquisition of new assets (for example intangible assets) * The account “intangible assets” in fact increases of 934% * The account “inventories” is computed using the first-in, first-out method, or market. If the cost of the inventories exceeds their market value, provisions are made currently for the difference between the cost and the market value. The Company’s inventories consist primarily of components and finished goods for all periods presented. The account decreases from 26% probably