...Running Head: APPLE INC. Apple Inc. Eric Walker 02/26/14 Abstract Apple Inc. has been a successful company for many years since its downfall in 1996. Records show how profitable they have been with their new technology advances and innovation. Despite their success in the technology world against many competitors, Apple has issues in internal affairs that must be addressed. With a new CEO since the passing of Steve Jobs, the corporation’s mission statement has become weak and unclear. The technology they use in general has not been compatible for years with other product lines, which is a turn off for customers more and more as the competition raises their game. From the outside looking in, Apple Inc. seems to be a successful, profitable organization that continues to dominate. However, taking a look deeper into their company from the inside we can see how certain factors could be a downfall to their success in the technology field. Table of Contents I. Introduction 4 II. Current situation 4-6 III. Corporate Governance 6 IV. External Environment 6-7 V. Internal Environment 7-9 VI. SWOT Analysis 9-10 VII. Implementation 10 VIII. Conclusion 10-11 IX. References 12 X. Appendix A 13-15 Introduction Apple Inc. began as a small company, formerly known as Apple Computer. Steve Jobs and his...
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...Preferred Organization: Apple Inc. - Organization Culture and Change Introduction/Organization: In this draft, we would like to discuss about Apple Inc.’s organization culture and major organization change happened in the organization and analysis of a successful organization change. Every organization has a culture of its own. And every organization undergoes organization change depending on the situation, change process is implemented by the organization for the benefits of employees, or change process may be implemented to satisfy customers or for the organization growth. The Apple Inc. story starts in 1976 with the birth of a company called Apple Computer around the creation of a system called the ‘Apple 1’ by Steven Wozniak and Steven Jobs. Apple Inc. went through a variety of dramatic changes to the company’s structure along with its performance and losses remained a continuing consistency. This project, we will discuss about organization change in Apple Inc., i.e. Restructuring of Apple Inc., implementing new technologies and shifting strategy. We believe this organization is a perfect example of undergoing major organizational change and it was a company where it started from nothing to become one of the top companies in computer and technological world. In near future we can only see rapid reaction of Apple Inc.’s growing tremendously. Approach: In this section we will discuss organizational culture and performance of Apple Inc. From the sleek design...
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...GESTÃO FINANCEIRA 2012/2013 Joanna Słomowicz 5620 Marta Malinowska 5571 Maja Rudecka 5621 Paulina Daczko 5624 1. Apple Inc. is currently a well known growing company that has been reporting lately high levels of profitability at various levels of its corporate reality. Do you agree with this statement? Support your answer using financial management terminology and numerical inputs to build appropriate ratios of analysis, using the information available in the company’s financial statements for the five year period. ROE (Return on Equity Ratio): 2010: 29.32142 % 2009: 26.027181 % 2008: 27.4431538 % 2007: 24.050372 % 2006: 19.921875 % ROA (Return on Assets Ratio): 2010: 18.638522 % 2009: 17.336477 % 2008: 16.9168671 % 2007: 13.788614 % 2006: 11.560593 % Gross (Profit Margin Ratio): 2010: 25684 2009: 17222 2008: 13197 2007: 8152 2006: 5598 We agree with the statement. We have tree major Profitability Ratios: ROE, ROA and Gross Profit Margin ratio. As we can see ROE has grown since 2006-2010 systematically from 19.921875 to 29.32142. Follows from the definition of the Return on Equity Ratio, it shows how well a company uses investment funds to generate profit growth. ROEs over 15% is considered very good. Also ROA has risen significantly from 11.56% to 18.64%. ROA shows how profitable a company’s assets are in generating revenue. And the last one Gross Profit Margin Ratio tells us difference between revenue and cost before accounting for certain other costs. It directly tells...
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...APPLE INC. Ryan Plumbo ACC 205 Thomas Sutton 7 Dec 14 The decision to invest in a company is an important one. When investing your money into the free market there is never a guarantee on investment. That is why a little bit of research and due diligence is always recommended beforehand. It is the hope that with this knowledge our investment will have a better chance at returning a profit. The company we will be looking at in this report is the tech giant Apple Inc. or to most just known as Apple. Apple Inc. (Apple), incorporated on January 3, 1977, 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. The Company offers a range of mobile communication and media devices, personal computing products, and portable digital music players, as well as a variety of related software, services, peripherals, networking solutions and third-party hardware and software products. In addition, the Company offers its own software products, including iOS, the Company's mobile operating system; OS X, the Company's Mac operating system; and server and application software. The Company's primary products include iPhone, iPad, Mac, iPod, iTunes, Mac App Store, iCloud, Operating System Software, Application Software and Other Application Software. Some of Apple’s biggest competitors...
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...Bonds Part 1 Bonds It has been established that it is crucial to be able to properly value a bond for finance. Two companies have been chosen to represent this action for this document Apple Inc. as well as IBM which are both in the technology sector and have long term debt, have bonds and also stocks available for sale. We are going to determine the length until maturity, the yield to maturity and then also the price of the bond today. While keeping this information in mind we can determine what time value of money illustrates about each bond. A credit rating has been assigned to each company and we can determine which company may be the better investment for the bank as well as the investor. In the end we can make an analysis to which bond may seem more attractive. Bonds play a critical role in the economy and it is important to understand just how they work as well as how to determine which investment is recommended for the individual buyer. As we have previously learned bonds can be issued by a corporation, government or government institution where the individual that is “lending” the money is the creditor and rather than owning part of the company as you would with a stock purchase. In this document we are going to take a closer look at corporate bonds. Why would a company issue bonds in the first place? In most cases a business will make this decision in order to borrow a massive volume of money for the purpose of possible developments, procurements or for other...
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...Case Study on IB of Apple Inc. Introduction Apple Inc. is one of the world’s most successful multinational corporations engaged in researching, designing and producing electronic technology devices and solutions. The sensational success and tremendous profit of Apple Inc. are created through globalizing its businesses. According to Corteau and Milan (2011), globalization usually involves a series of interrelated activities such as internationalization of finance and trades. The company has realized significant globalization through extension in the global market. In the first half year of 2013, Apple’s revenue amounted to $98.115 billion. Only less than 35% of this revenue was generated in the US market. The global market was the source of over 65% of Apple’s revenue. This article intends to explain Apple’s globalization through analyzing one of Apple’s key creations: iPod. Special attention is given to the jobs and profits around the world generated by iPod, disparity in income and employment, and employee composition. Analysis of impacts of globalization on Apple Inc. since Jobs’ return Apple Inc. has undergone the golden time for business development and globalization from 2007 to 2011 under the leadership of Steve Jobs. The company was then on the verge of bankruptcy in 2007 when Steve Jobs returned to Apple. In order to save the company from bankruptcy, Steve Jobs took a series of restructuring and rebooting measures with a focus on innovation and internationalization...
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...Implementation, Strategic Controls, and Contingency Plans Apple Inc. STR / 581 March 3, 2014 Professor Wallace Introduction Apple Inc. is a leading global retailer of computers, tablets, cell phones, and other entertainment items. Apple needs new growth methods, product development and be the leader in the mobile market. The implementation plan below will identify the course of action best suited for the corporation along with the implementation process, assessed risks and financial projections that will be used as the basis for moving the business forward. Implementation plan Apple Inc. is currently in a transition period, after the death of Steve Jobs, and seeking methods that will allow the company to regain market share. This implementation is primarily concerned with how to diversify the product offerings, regain customer loyalty and be the leader in the mobile market. An implementation plan is a “detailed listing of activities, costs, expected difficulties, and schedules that are required to achieve the objectives of the strategic plans” ("Implementation Plan," 2014). The plan addresses the following areas of concern: short-term objectives, initiate specific functional tactics, outsource nonessential functions and design an effective reward. Objective: To expand sales to customers who do not yet own Apple’s products. To produce hassle free products for the enjoyment for customers. To become the leader in the mobile market. Strategy: Expanding the company’s...
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...Business Analysis of Apple Inc. Victoria Randle MGT 521 May 11, 2011 JAMES BURRESCIA Business Analysis of Apple Inc. Apple was created in 1977 in California. They design, manufacture, and market personal computers, mobile communication and media devices, and portable digital music players, and sell a range of related software, services, peripherals, networking applications, and third-party digital content and applications. Beginning with apple computers it was predominantly a manufacturer of personal computers, including the Apple II, Macintosh and Power Mac lines. The amount of technology that this company has produced over the years allows them to maintain an up to date status. (Apollolibrary.com) Apple In addition sells a range of third-party Macintosh, iPhone, iPad and iPod compatible products including application software, printers, storage devices, speakers, headphones, and other accessories and supplies through its online and retail stores. Today, Apple is the largest technology firm in the world, with annual revenues of more than $60 billion. SWOT When deciding whether or not to invest into mutual funds of Apple Inc. You have to figure out the strengths, weaknesses, opportunities this company has to offer and the threats you could face if you decide to invest. Strengths This company has been extremely successful over the years. Shortening the name of the Macintosh computers to Mac’s and the IPod music player has increased its quarter profits; this Business...
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...Contemporary Business BUS 508 Dr. Kimberly Malone-Haddox January 24, 2015 The Big Apple's Corporate Responsibilities Apple Inc. is considered the world’s most admired company in the world. It holds this position in many categories, according to Fortune Magazine. These categories include innovation, people management, the use of assets, financial soundness, social responsibility, and many more. ("World’s Most Admired Companies," 2012) Needless to say, Apple Inc. is doing extremely well, and is projected to beat its current predictions on the sales of its new IPhone and IPad. Apple is at the top of their game, as far as making money and new innovative products that are sought after, year after year, by loyal customers and new customers. The most admired category’s that will be investigated in this paper is the ethical and social responsibilities and the marketing strategy of Apple, Inc. Our textbook states that “An organization that wants to prosper over the long term is well advised to consider business ethics, the standards of conduct and moral values governing actions and decisions in the work environment.” (Kurtz, 2013, p. 32) Large companies, such as Apple, Inc., that are known throughout the world as a global giant, have certain ethical responsibilities to consumers, investors, people who work for them, and the world as a whole. We will look at Apple’s current position on the company’s ethical responsibilities and whether they have met said responsibilities. Did the impact...
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...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...
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...objectives 1 Competition 2 Current performance 2 Cultural and structural issues 2 Organizational resources 3 Environmental analysis 3 Political Analysis 3 Economic Analysis 3 Social Analysis 3 Technological Analysis 4 SWOT Analysis 4 Strengths 4 Weaknesses 4 Opportunities 5 Threats 5 Marketing process 5 Marketing mix 5 Products 5 Distribution Strategy 6 Promotion Strategy 6 Integrated Marketing Strategies 7 Situation Analysis Key objectives Apple was voted the general victor of the 2012 CMO Survey Award for Marketing Excellence. Apple has been chosen as the victor or co-champ for five back to back years by the example of top advertisers. Apple's unique points: 1. Empathy – Apple comprehends the needs of their customer superior to other organizations. 2. Focus – keeping in mind the end goal to benefit a vocation of the things the company chooses to do, Apple pans to dispose of the majority of the irrelevant opportunities 3. Impute –Apple may have the best item, the most elevated quality, the most helpful programming, and so forth; the company displays its product in an imaginative, proficient way to ascribe the coveted qualities ("Corporate Goals And Objectives For Global Final Paper- Apple Inc."). Competition Apple is being led by Samsung as purchasers are requesting telephones with bigger screens at less expensive costs. Indeed, even with the presentation of iPhone 5c, late reports have shown that Apple only share 8 to 12 percent...
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...1 Apple Inc. Strategic Paper Management 4842 Section 2 11/19/2012 Alex Morrison Zach Teachey Marquis Graham 2 Table of Contents Part 1 Executive Summary ………………………………………………………………………3 Mission and Vision Statement ……………………………………………………………4 Financial Objectives ………………………………………………………………………4 Strategic Objectives ………………………………………………………………………5 Driving Forces ……………………………………………………………………………7 Key Success Factors …………………………………………………………………….10 Competitive Analysis ……………………………………………………………………11 Competitive Strategy ……………………………………………………………………14 External Analysis ………………………………………………………………………..15 Internal Analysis ………………………………………………………………………...16 Financial Analysis ……………………………………………………………………….18 Part 2 Issue # 1 …………………………………………………………………………………23 Issue # 2 …………………………………………………………………………………25 Issue # 3 …………………………………………………………………………………27 Issue # 4 …………………………………………………………………………………31 Issue # 5 …………………………………………………………………………………34 Issue # 6 …………………………………………………………………………………36 References ……………………………………………………………………………….39 3 Exec. Summary-Alex Morrison Apple is the number one leader in innovation in the technology industry. They strive to create unique, high quality products. Over the next five years Apple faces a several strategic issues. The first issue is that Apple’s products are fairly expensive. We recommend that Apple create a secondary market with less expensive products. The second issue is the working conditions in the manufacturing plants. We recommend that...
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...Apple Financial Performance General Notes: This financial analysis for Apple Inc was carried out for the year 2007. The first section of the Financial Analysis will detail my preconceived notions of Apple (without the facts in hand). The second part of the Financial Analysis will review Apple's stock performance, various financial ratios, competitors, market segment. Interest coverage ratios, dividend yield ratios, and dividend payout will be discussed as well. The financial analysis will conclude with my opinion of Apple's future prospects, its stocks, and whether it is creating value to its shareholders. Apple General Information On January 3, 1977, Apple was officially incorporated in California. Apple's stock is traded under sticker Symbol "AAPL" in NASDAQ stock exchange, and in Frankfurt Stock Exchange, Apples' shares trade under the symbol "APCD". Apple became a public company in 1980, and in its Initial Public Offering (IPOD), Apple's shares were offered for $22.50. On a split-adjusted basis, Apple's Initial Public Offering stock price was $2.75. Apple has no preferred stock outstanding. Apple, Inc. Dividend Policy Apple doesn't pay its stockholders any dividends. In fact, the last time Apple paid dividends was in December of 1995. Apple paid dividends from 15 June 1987 to 1995. As Apple does not have an active dividend policy, Dividend Reinvestment Program (DRIP) is also not available to investors. Cash dividends that Apple did pay, ranged from .06$...
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...Apple Inc. Examining A Multinational Company Apple Inc. previously known as Apple Computer Inc. was founded in 1976. The American Multinational Corporation is known for dominating the technology industry with market savvy products. Apple’s success is attributed to the company’s ability to design and produce products with highly valued customer benefits and unique benefits for which customers pay premium prices. Although the company has a large presence in various segments of the technology market their focus is on four major products. Mac computers, iPod music players, iPhones, and iPads are primary products produced by the company. Apple also designs, manufacturers, and markets operating systems, developer tools, networking solutions, and database software. Historically, Apple has focused its efforts in the United States and Europe. One major contributor to the company’s success was the decision to become a multinational organization. Presently, North American sales account for half of Apple’s revenue. Twenty-five percent of sales are earned in Europe, fifteen percent in Japan, seven percent in Asia and Pacific regions, and the remaining five percent of sales are from the rest of the world. Apple, a now multinational billion dollar company has come a long way from being the company founded with $1300. In 1980, Apple became publicly traded. On the day Apple went public their stock rose 32% making approximately 40 employees instant millionaires. Not only...
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... CRITICAL CASE ISSUES: (CI #1) INTERNAL ENVIRONMENT: Leadership The change in leadership led to changes in the internal environment and marketing strategies. (CI #2) ECONOMIC: Domestic Market Apple (iOS capable) phones are losing market share to Android capable phones. (CI #3) EXTERNAL ENVIRONMENT: Foreign Markets The Apple Corporation is criticized for manufacture issues and the lack of ability to acquire market share from foreign competitors overseas. (CI #4) SOCIAL ENVIRONMENT: Technological The Apple Corporation constantly faces criticism for various technological and security issues. I. CURRENT SITUATION A. CURRENT PERFORMANCE 2013 was a rough year for the Apple Corporation, closing the fiscal year down 29.1%. Despite the record breaking release of the iPhone 5S and 5C and a total revenue of $170 Billion, up 9.55%, net income was only $37 Billion, down 11.25% from the previous year. The Apple Corporation’s market share in smartphones was only 12.9% and 18% in application downloads. The Apple Corporation controls only a relatively small section of the computer market, but its market share has grown with the decrease in sale of windows machines. B. STRATEGIC POSTURE 1. Mission a. As of 2013: “Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with...
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