...THE CORPORATE ANNUAL REPORT: A BUSINESS APPLICATION 2cd edition Complete the following before you submit your assignment. This step is required to validate your compliance with sections 107 or 108 of the 1976 United States Copyright Act. 1. Remove the front cover of the workbook and identify: * Name: Oskar Diaz de Leon _. * Term: Spring1 2010 . * Company: Apple Computer Inc (AAPL) _ . * Instructor: Natasha Bell-Scott _ . 2. Print out your completed electronic template. 3. Attach the following: * This front cover (completed) * Electronic solution template * Company annual report Chapter 1 - Introduction * Chapter 1: Select a Company and Gather Documents—Question 1Fill in the page numbers on the annual report where the following are located. | Required information for this workbook project. | Page No. | Required information for this workbook project. | Page No. | Financial Highlights (Not absolutely necessary, but very common in annual reports.) | 36 | Statement of Cash Flows | 59 | Chairman’s Message (President’s, CEO’s or other top official’s message or letter to the shareholders) | 36 | Notes to Financial Statements | 60 | Management’s Discussion and Analysis (MD&A) | 36 | Report of Independent...
Words: 1572 - Pages: 7
...Apple Inc. Apple Inc. formerly Apple Computer, Inc., is an American multinational corporation headquartered in Cupertino, California that creates and retails consumer electronics, computer software, and personal computers. Apple’s mission and vision summarizes its committed efforts in bringing the best user experience to its customers through its advanced hardware, software, peripherals, and services along with a unique ability to design and develop its own operating system, hardware, application, software, and services, in order to provide its customers new products and solutions with superior case-of-use, seamless integration, an innovative design (“Apple Inc. Form 10-K Annual Report”, 1, 2012). Company’s mission and vision statements against the performance of the organization Apple’s mission and vision statements and objectives are neither interchangeable nor autonomous. Without objectives, the mission and vision statements are impractical. Without the mission and vision statement the objectives have no relevance. Both statements are too broad to be measurable, and the objectives are too definite to provide the big picture. When properly coordinated they strike a balance that helps to shape the business operations and service strategy. Apple Inc.'s mission statement is as follows - Apple is committed to bringing the best personal computing experience to students, educators, creative professionals and consumers around the world through innovative hardware, software and...
Words: 2990 - Pages: 12
...Running Header: APPLE INC. IN 2010 Apple Inc. in 2010 An Analysis of Business Strategy American Military University BUS620 16 February 2014 Running Header: APPLE INC. IN 2010 Abstract 2 Apple Incorporated is an industry leader and this piece will serve to address questions pertaining to Apple’s competition in the Personal Computer (PC), MP3, and smart phone market and how its strategy has evolved along with the evolution of the products. Threats and challenges that Apple faces as is moves forward are also identified. Finally a brief assessment of Apple Incorporated after the exit of Steve Jobs as its Chief Executive Officer and his effectiveness as a strategic manager. Keywords: Personal Computer Running Header: APPLE INC. IN 2010 Apple Inc. in 2010 An Analysis of Business Strategy 3 Apple is extremely competitive in the personal computer (PC) market and has carved out a very specific niche for its brand through an evolution of product development and marketing strategies. The market for personal computing evolved as quickly as technology could be developed and Apple’s approach was to offer the consumer a “plug and play” option, meaning everything needed for desktop publishing and education (from hardware and software to peripherals) were integrated in the Macintosh system and could readily and easily be utilized (Pearce & Robinson, 2013). Apple offers a level of exclusivity for its consumers. The cost of an Apple machine is expensive, but the quality is...
Words: 1218 - Pages: 5
...has easily accessible information.) What is the organization? What is its primary business or services? Tell us about the industry and its competition. What is the organizational mission or purpose of the organization that you selected? How would you characterize the organizational culture? What are the primary strategic objectives or long range plans for the organization? I have selected Apple Corporation for this assignment. Apple Inc. is an American based multinational corporation, engaged in design, development and selling of personal computers (Mac), media devices (iPad), and portable digital music players (iPod), mobile phones (iPhone). Additionally, Apple sells software (OS X, iLife, iWork etc.) and provides related services (Apple Inc. SWOT analysis, 2012). Personal electronic industry is an ever changing industry given the pace at which technology is changing every day. Apple faces stiff competition from new competitors, low-priced rivals/alternatives, and Apple’s lack of interoperability, which causes consumers to adopt other more user friendly platforms and products. Apple designs Macs computers along with operating system and professional software. Apple’s iPods and iTunes have made them the leader in the digital music revolution. Apple’s iPhone and App Store have revolutionized the mobile phone industry. Apple’s culture is based on the idea of self-motivated individuals will work harder if they do not have a boss micromanaging every action (Love, 2012 and...
Words: 462 - Pages: 2
...world, but Apple Inc. has definitely established themselves as the current leading publicly traded company brands in the world (Forbes.com, 2013). As of September 28th, 2013, Apple Inc. has reported $207,000,000 in total assets. This number is important because it displays how much the business owns and what it is currently worth. When comparing the total assets to the end of the previous annual reporting period of September 29th, 2012, Apple Inc. had reported $176,064,000. That was an increase of $30,936,000. The total amount of cash and cash equivalents that Apple Inc. had at the end of its most recent annual reporting period of September 28th, 2013 was $14,259,000. The total amount of accounts payable that Apple Inc. had at the end of its most recent annual reporting period of September 28th, 2013 was $22,367,000. The total amount of accounts payable that Apple Inc. had at the end of the previous annual reporting of September 29th, 2012 was $21,175,000. That was an increase of $1,192,000. Apple Inc.’s net revenues for the last three annual reporting periods were significantly different. On the most recent reporting period of September 28th, 2013, Apple Inc.’s net revenue was $170,910,000. The annual reporting period before September 28th, 2013, on September 29th, 2012, the net revenue was $156,508,000. The annual reporting period before September 29th, 2012, on September 24th, 2011, the net revenue was $108,249,000. The change in dollars in Apple Inc.’s net income...
Words: 778 - Pages: 4
... Apple Inc., formerly called Apple Computer, was founded in California on April 1, 1976. Apple is an electronics and software company who designs and sells personal computers and laptops, computer software, and consumer electronics. They are known primarily for producing iPods, iPhones, iPads, and the MacBook Pro. The software Apple has developed includes Mac OS (operating system), iOS (mobile operating system for the i-product line), iTunes, iLife, QuickTime player, Final Cut Studio, and iWork. Apple has retail stores in 45 states in the United States of America (US) as well as being located in 13 different countries. Additionally, the company also has an online website where product orders can be placed. Since its inception, Apple has steadily grown in net worth and is the largest publically traded company in the world (by market capitalization). Apple is also the largest technology company in terms of revenue and profit. Today, software and computer sales are only a small part of Apple’s operations. There are many important variables and factors that can affect the overall performance of any company, including Apple Inc., in terms of their relationship with their customers as well as other important entities who are involved in their supply chain. Additionally, since Apple has stores and manufacturing facilities located outside of the US, they must contend with exchange rate risk, interest rate risk, and commodity price risk. Risks Facing Apple Interest...
Words: 1457 - Pages: 6
...Information Systems Case: Apple Inc. 1 Executive Summary It is said that luck follows determination and courage in business. Apple Inc. is one of global giants that has proved this correct – it has completely taken a U-turn in the IT business. Renowned around the world for innovation and quality finishing of its products, Apple Inc.’s humble start as a computer manufacturer has not deterred it from ruling the world of technology and entertainment in a market where giant names like IBM and Microsoft also thrive. The financial position of Apple has become very strong over the past three years. Growing 15% from 2007 to 2008 and 20% from 2008 to 2009, Apple Inc. has maintained a steady and rapid pace that few other companies as innovative as Apple can match (Annual Report, 2009, p.19). The launch of the iTunes music store, that later expanded into a comprehensive online store for videos, books and audios, was a different business model altogether that reaped success within the first week of its launch. However, the subsequent events that occurred in the market and the various risks that are associated with Apple Inc.’s strategy for iTunes are some of the reasons that warrant a revision of the operational strategy, partially, if not altogether. The issue of digital rights management (DRM) and software piracy propped up and Apple has ever since paid out to artists and record companies more than it has pocketed itself. There are several lessons that Apple can learn from the...
Words: 3460 - Pages: 14
...Xiaomi Vs Apple Introduction Xiaomi Inc. (Chinese: 小米科技; pinyin: Xiǎomĭ Kējì, literally "Xiaomi Tech", or "Foxtail millet tech")is a privately owned Chinese electronics company headquartered in Beijing, China. It is the world's 3rd largest smartphone distributor that designs, develops, and sells smartphones, mobile apps, and consumer electronics.[4] Since the release of its first smartphone in August 2011, Xiaomi has gained market share in mainland China and expanded into developing a wider range of consumer electronics. The company's founder and CEO is Lei Jun, China's 23rd richest man according to Forbes. The company has over 3,000 employees, mainly in mainland China, Malaysia, Singapore, and is expanding to other countries such as India, and Indonesia. As per the new research by IDC, Xiaomi is now the third largest smartphone maker in the world followed by Lenovo and LG at fourth and fifth place respectively. Samsung remains at the first place despite declining shipment volume, followed by Apple Inc. at second place. Apple Inc. is an American multinational corporation headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, online services, and personal computers. Its best-known hardware products are the Mac line of computers, the iPod media player, the iPhone smartphone, and the iPad tablet computer. Its online services include iCloud, iTunes Store, and App Store. Apple's consumer software includes the OS...
Words: 1129 - Pages: 5
...2014年4月14日 Strategic outsourcing of apple computers inc - Term Papers - Addsweetie « Study and create flashcards for free at Cram.com Upgrade | Hi cbccabc Get Access to over 1,668,827 More Essays. Upgrade Your Account Now. Essays Book Notes AP Notes Citation Generator More Search essays Home » Business & Economy Strategic outsourcing of apple computers inc By addsweetie, feb. 2012 | 2 Pages (465 Words) | 9 Views| (1) | | Upgrade to access full essay This is a Premium essay for upgraded members Strategic outsourcing involves separating out some of a company’s value creation activities within a business and letting them be performed by an independent entity. Indeed, Apple has outsourced various functions in terms of manufacturing, assembly and logistics as its contract manufacturers and outsourcing companies can perform several value-creation functions at a lower cost due to low-cost location and other competitive advantages. We are living in a globalized economy in which overhead and production costs are the single most important financial factor that can determine a product’s success or failure. Apple produces most of its products such as iPods, iPod minis and iPhone in China, thus ensuring a very low production cost and an increased US market attractiveness (Scribd, 2011).The single most important reason for outsourcing iPod and iPhone production to China is that the manufacturing costs are significantly lower than what...
Words: 509 - Pages: 3
...Reporting Initiative (GRI) and the system oriented theories (Legitimacy Theory, Stakeholder Theory and Institutional Theory) are reviewed in order to explain and support the arguments of the reporting methodology. In addition, the reports of two multinational companies, Apple Inc. and Toyota Motor Corporation are inspected with the theories. It is found that both companies involved in multiple activities in promoting and educating the publics about their operations as well as the ways to protect themselves and the nature. It can be concluded that both companies abide the framework and theories to disclose information to the stakeholders. 1.0 Introduction Corporate Sustainability Reporting is becoming more and more important in research and in practice lately, as the consumers are becoming smarter compare to the eras before. Companies have the responsibility to disclose details in financing and operations in order to gain support and resources from the world at large to survive in the market. There are three important system oriented theories that helps in measuring the degree of importance and explaining the methodology in disclosing informations to all types of stakeholders. Two multinational companies that provides annual report and sustainability report are reviewed to help understanding the reporting method. 2.0 Purpose of Corporate Sustainability Reporting Pursuant to the Global Reporting Initiative's (GRI) Sustainability Reporting Framework (G3.1), the Corporate Sustainability...
Words: 3081 - Pages: 13
... Strategic Choices In April 1976, Steve Wozniak and Steve Jobs took $1,300 and founded Apple Computers. They began building computers for companies in a garage. As with any company Apple has seen its fair share of successes and failures. But today Apple is one of the most recognized brands in the world for not just computers, but also of other technologies. “According to surveys by J. D. Power, Apple has the highest brand and repurchase loyalty of any computer manufacturer.” (http://www.answers.com/topic/apple-computer-inc.). What has made Apple so successful? For this case assignment, I will use background materials along with other research to what I feel is one of the most important strategic choices Steve Jobs made that turned Apple into the powerhouse we know today. Mission Statement After much digging, I found Apple’s mission statement in a press release. “Apple is committed to bringing the best personal computing experience to students, educators, creative professionals and consumers around the world through its innovative hardware, software and Internet offerings.” (http://www.apple.com/investor/). What has Steve Jobs done in the last decade to help Apple’s mission statement come true and make it one of the most powerful companies in the world? Dealing with threats When Steve Job took the position of Apple CEO in August 1997, the company was facing declining sales due to mismanagement, Macintosh clones and product shortages...
Words: 803 - Pages: 4
...Paper Not many companies, if any, are known for more innovation than Apple Inc. The products and software produced by Apple Inc. always seem to be years beyond the reach of other companies. Apple Inc. and its wholly-owned subsidiaries (collectively “Apple” or 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, peripherals, networking solutions, and third-party digital content and applications (Apple, 2011, pg. 1). Apple Inc. (Apple) produces such items and services as the “iPhone®, iPad®, Mac®, iPod®, Apple TV®, a portfolio of consumer and professional software applications, the iOS and Mac OS®X operating systems, iCloud®, and a variety of accessory, service and support offerings” (Apple, 2011). Apple’s innovation strategy is described below and is evaluated along with the risks involved with the strategy. Apple’s financials and business plan are also described below. Innovation Strategy Innovative companies can thrive even in a tough economy. Apple Inc. has seen hard times and good times. Apple has survived as a company because of a renewed commitment to innovation. This commitment to innovation spearheaded by Steve Jobs has caused other companies to analyze how Apple does so well. First, it is important to note that Apple has not been always successful. Today Apple epitomizes a capabilities-driven innovation strategy, but it wasn't...
Words: 1203 - Pages: 5
...BUS620: Managerial Marketing Professor Debra McCoskey-Reisert September 16, 2013 For the past decade, Apple Inc. has been at the forefront of innovation in the modern age. Fierce leadership, tactical business strategies and a clear and focused vision has led to the creation of unrivaled and unique innovative products, such as the iPod, iPhone, and iPad. Much of the success of Apple has been contributed to the late Apple Inc. co-founder, Steve Jobs; however almost two years after his death, many find themselves speculating whether Apple can stay at the forefront of innovation and technology. Specific generic and segmentation strategies recommended in this paper should be implemented by Apple Inc. to prevent its downfall. Considering Job’s contributions to Apple Inc., current CEO Tim Cook has large expectations to fulfill for both consumers and shareholders. Everyone is anxiously waiting for Tim Cook to reveal the next innovative product that will change the entire mobile/tablet/ and PC market, as the iPhone and iPad had done in the past, but before Apple attempts to introduce the next big product, it’s important the company analyzes its generic and segmentation strategies. According to Finch, market segmentation enables companies to adapt different marketing mixes to appeal to the unique needs of specific, homogeneous target market segments (2012). The success of such market segmentation strategies lies in the ability...
Words: 976 - Pages: 4
...MBAX 5510 Andy Duy Mai Apple, Inc (Ticker: AAPL) Introduction Apple Inc. and its wholly-owned subsidiaries designs, manufactures and markets hardware devices including mobile communication, media, computers (personal and enterprise storage), portable music players, networking solutions and peripherals worldwide. In addition, it also develops and sells software, services, and third party digital content and applications that are both synchronous and asynchronous to its hardware offerings. Hardware product offerings include the iPhone®, a multi-touch smartphone that includes a mobile phone, music player, internet device, and applications made available through an online software store. iPad® and iPod® are portable media devices with onscreen, multi-touch features, long battery life and internet capabilities with applications also made available through the online software store. Mac (desktops and laptops), Apple TV®, xServer® and xServer RAID® and networking peripherals such as Air Port® along with a vast array of accessories, including high resolution displays and peripheral products such as mouse, keyboard, ear phones, and protective cases round out the hardware offerings. Software product offerings include iOS® and OS X® operating systems, a professional line of software such as Final Cut Pro® and File Maker Pro®, consumer software such as iPhoto, and Garage Band as well as third-party digital content and applications. Services and support offerings brings seamless...
Words: 897 - Pages: 4
...The paper will use Apple as the example within the paper. In the process it will look at the annual report from an investor’s standpoint and evaluate the performance of the company and the reasons and the reason for or not investing. Then from an investor’s view it will discuss Three (3) non-financial factors that suggest investing in the company. (Strayer University, 2016). From an investor’s view, review the last annual report for chosen company. Use financial analysis tools of liquidity, profitability, and solvency to evaluate the company’s performance and reasons for investing or not investing. Include the company’s ranking in the industry, and its major competitors. The 2015 annual report for the Apple Corporation shows that the liquidity, working capital that a company can get a hold of and use quickly, (Kimmel, 2013). The liquidity for Apple would work out to be current assets, $290,479 million (-) minus current liabilities, $171,124 Million = $119,355 Million. (Apple Inc, 2015). This amount shows that the company has enough to pay for the liabilities and still have working capital to work with for new products. For the profitability of Apple, here we will work out the net profit margin. Which will be, net profit, $ 53,394 Million (/) divided by Revenue $ 233,715 Million = .228457737 (x) multiply that by 100 =$ 22.85Billion. (Apple Inc, 2015). This also shows that Apple is still a god company to invest in. Lastly will be the solvency of Apple. To show this the total...
Words: 1365 - Pages: 6
