Apple in-Depth Financial Analysis
I. Introduction
A. Objective of paper.
The objective of this paper is thoroughly analyze Apple 's financial statements for performance. Also, Apple 's operations, executives, and future outlook will be examined.
B. Summary of findings.
Throughout the paper are significant examples that display the state of growth that Apple is currently in. From 2001 2005, Apple has experienced notable growth which is evident especially in the analysis of its financial ratios.
A. Chapter I
1. Briefly summarize the business description.
Apple Computer Inc. designs, markets, and develops personal computers and related software, services, peripherals, and networking solutions. Additionally, Apple has entered the digital music sector and designs, markets, and develops a line of portable digital music players along with related accessories and services including the online distribution of third party music, audio books, short films, and television shows. The company sells its products online and through its own retail stores.
2. What is the industry?
Primary SIC code: Electronic computers
3. What is the sector?
Primary NAICS: 334111 Electronic computer manufacturing
4. Select a number of analysts ' ratings. What is your opinion of those ratings? Are they too high or too low?
Throughout the month of October, the consensus has been to hold the stock (Prudential and Banc of America). I believe this opinion to be fairly accurate. They are in a spot for potential growth, but at the same time are towards the higher end of their 52-week high.
5. Review and comment on the three most recent news headlines. From the Associated Press Financial Wire on October 31, 2006
Apple most recently released a $79 1GB iPod shuffle capable of holding up to 250 songs. This product is an addition to the already extremely popular portable digital music player line that Apple produces.
Small in size and extremely affordable, the Apple shuffle is marketed to all sorts of consumers those on
A. Objective of paper.
The objective of this paper is thoroughly analyze Apple 's financial statements for performance. Also, Apple 's operations, executives, and future outlook will be examined.
B. Summary of findings.
Throughout the paper are significant examples that display the state of growth that Apple is currently in. From 2001 2005, Apple has experienced notable growth which is evident especially in the analysis of its financial ratios.
A. Chapter I
1. Briefly summarize the business description.
Apple Computer Inc. designs, markets, and develops personal computers and related software, services, peripherals, and networking solutions. Additionally, Apple has entered the digital music sector and designs, markets, and develops a line of portable digital music players along with related accessories and services including the online distribution of third party music, audio books, short films, and television shows. The company sells its products online and through its own retail stores.
2. What is the industry?
Primary SIC code: Electronic computers
3. What is the sector?
Primary NAICS: 334111 Electronic computer manufacturing
4. Select a number of analysts ' ratings. What is your opinion of those ratings? Are they too high or too low?
Throughout the month of October, the consensus has been to hold the stock (Prudential and Banc of America). I believe this opinion to be fairly accurate. They are in a spot for potential growth, but at the same time are towards the higher end of their 52-week high.
5. Review and comment on the three most recent news headlines. From the Associated Press Financial Wire on October 31, 2006
Apple most recently released a $79 1GB iPod shuffle capable of holding up to 250 songs. This product is an addition to the already extremely popular portable digital music player line that Apple produces.
Small in size and extremely affordable, the Apple shuffle is marketed to all sorts of consumers those on
Bibliography: apple.com Apple Company Inc. 2005 Annual Report businessweek.com finance.yahoo.com Factiva Online Database Mergent Online Database reuters.com tabseacct.swlearning.com Footnotes. Works cited are done so throughout the paper.