Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What are Pro's and Con's of the following company (Apple) if any? Apple is a worldwide company that sells electronics. After reviewing Apple's webpage I

What are Pro's and Con's of the following company (Apple) if any?

Apple is a worldwide company that sells electronics. After reviewing Apple's webpage I learned that the financial statement of Apple provides segmented financial information on a few things such as iPhone, iPad, Mac, Services, and other products. under the other products segment some of the products that are included would be Apple TV, Apple watch, beats products, iPod, and Apple branded and third party accessories. Under their services segment they include revenue from internet services, Apple Care, Apple Pay, licensing and other services. They have operating segments in Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. After reviewing the segments I saw that in every segment that had an increase in sales and revenue and in every operating segment they also showed in increase compared to last year. The only segment that showed a slight decrease compared to last year was their product segment of Mac. It went from selling 5,709 units (in thousands) with a revenue of 6,882 (million) in the last quarter of 2015 to currently selling at 5,312 units (thousand) at a Revenue of 6,746 (million) . After reviewing all of the information I am not surprised to see that Apple is continuing to grow and increase revenue and units sold. I was however slightly surprised to see that they experienced a decrease in their Mac product and wonder if it is due to a marketing strategy or just lack of sales. I also noticed there was a hige increase in units sold in iPhones segment that went from 48,046 units and 32,209 in revenue in lthe last quarter of 2015 to currently 74,779 units to 51,635 in revenue. I do not see them slowing down anytime soon especially because the sale in products continue to grow every year.

Reference:

Apple. (n.d.). Retrieved November 23, 2016, from http://investor.apple.com/financials.cfm

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Structured Edp Auditing

Authors: Gabriel Rothberg

1st Edition

0534979319, 978-0534979317

More Books

Students also viewed these Accounting questions