2. Based in Cupertino California
1 Infinite Loop, Cupertino, CA 95014.
About Apple
3. The company was founded by
About Apple
Steve WozniakSteve Jobs Ronald Wayne
4. Top productsAbout Apple
The Company designs, manufactures and markets mobile communication and
media devices, personal computers and portable digital music players, and sells a
variety of related software, services, accessories, networking solutions and third-
party digital content and applications.
10. Financial Analysis
• Apple has a much larger working capital, about four times the average. This is
also because the company has been buying/ building on credit versus cash.
• Regarding ratio of liabilities to stockholders' equity there is a slight increase. This
is due to the total liabilities increase, which was about 50,000,000. The area with
the jump year over year is accrued expenses, which grow by 7,000,000 year over
year.
• Another ratio that is significantly larger than the competitors is, rate earned on
stockholders equity. Net income has increased by 14,000,000 from last year.
12. Conclusion
The company has enough cash reserved to
continue operations for 1 year, without any
incoming revenue. This won’t be necessary due
to the verified fact that Apple is a house hold
name.
