For this, you have to write a paper about the company Apple Inc. (the company th
ID: 377048 • Letter: F
Question
For this, you have to write a paper about the company Apple Inc. (the company that sells iPhones). In this paper you have to include everything listing in the picture. Thank you The nature of the operations (how they got started, what products they sell, how they distribute products, and whether they experience seasonal business, etc.). Any significant changes that have taken place over the last few years. Their plans for the future The "risk factors" that they face. How they account for inventories and depreciation on fixed assets. How they have grown over the past year (i.e. What business combinations have taken place). How has technology changed their business. Discuss the high and low stock prices for whatever years are available and what are they at the present time. Comment on any significant results obtained in your financial and ratio analyses. .You can include any other data as you see fit (charts are encouraged).Explanation / Answer
Apple Inc.
The name of the organization is very much popular today because of the brand value that the organization possess. Apple, a Multinational organization started its operation from the United States of America back in1976 with just three people which is now an organization providing jobs to more than 120 thousand people. The operation started from a garage of one of the founders Steve Jobs who later became the main man behind apple and also the face of the change that Apple brought in the electronic industry. Steve Jobs, Steve Wozniak and Ronald Wayne started the organization with they objective of manufacturing and selling personal computers. The first product of Apple was the Apple 1 and from then the organization had no looking back because Apple gained a lot of momentum with the products they manufactured. The products had a unique look and style and the way of working was also different from other conventional computers available in the market. Apple today is a big player in the electronic market that includes personal computers, laptops, smart phones, Mp3 players and many more. They also possess a unique marketing and distribution strategy because the organization now possess a global presence.
The last few years have been important from the competition perspective if Apple because initially in the smart phone Market, Apple almost had no competition but today there are almost 100 companies which are giving strong competition to Apple and it had experienced a decrease in sales of some products. Apple products are unique because of their looks and also possess end to end secure activities which does not allow any kind of piracy even in software applications. While security is an advantage, the flexibility is a disadvantage which has allowed its competitors in penetrating the industry to some extent. Apple still possess a user base which is strong but that is getting affected with time. After the death of their revolutionary CEO Steve Jobs, Apple failed to create an impact temporarily with their products and lost some ground but are again trying to restore their glory.
As already mentioned that the product is unique and stands alone in the industry the price of the products are high compared to its customers and due to these factors they have a risk because the forecast of the smart phone market is booming and in the future their will smart phones at a very low cost and in order to sustain in the industry Apple has to cater to the needs by adapting to the current needs of the consumers. Technology has also advanced a lot and is advancing every day, Apple has always gone with the latest technology trend but they also possess their own operating system software known as Mac which is currently experiencing stiff competition from Microsoft and Android. Mac is very much secure and end to end closed which allows android an upper hand over mac because android is flexible and cater to the user needs accordingly.
If we have a look into the stock price of Apple in the last few years we will notice that at present it is around $160 on an average but the situation was not same even last year in 2016 the price was around $110 and in the period from 2013 to 2014 it was as low as $65. Like each and every business organization Apple also had its serious of Ups and downs which is normal but even in the worst situation the organization has tried to maintain the quality of its products and provided value to the industry. The success of Apple is because of their creativity and innovation that they has always applied into their products, the look and feel was always superior compared to its competitors and the brand value also distinguishes apple from its competitors. With the attitude to do business in the industry Apple can never be counted out because they have always came back and that too very strong.
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