From the last few years, the
financial health of this company is improved on a yearly basis. It can be seen
from the financial statement of the company. The net sales of the company are
increased, and its value is about 265,595 dollars. Due to this, the gross
margin of this company has been improved by 101,839 dollars.
The operating income is also
increased due to some advancement in the technology department. But due to
advancement in the operating income, there is no much effect on the net income
of this year of the Apple Company.
This financial statement also gives
information about the earning per share of this company. The basis per share
value is about 12.01 and diluted per share value is about 11.91. This is
because the sale value and market value is improved by a huge amount. Through
this, they are able to enhance their earning per share value.
According to the financial
statement of this company, the balance sheet is giving information about the
assets and liabilities. The current asset of this company has been improved in
this year. The best thing is that the non-current assets value is decreased. From
this statement, it can be seen that the total liabilities are increased from
the past year. The cash flow ratio also improved in great amount. The cash at
the end of this year has been increased. The auditor’s report is correct and
perfect that contain valuable information about this company.
My Rationale
According to the financial
statement of the Apple Company, it can be seen that this company is improving its
net sale value on a yearly basis. Due to this, they are able to improve their
share value. The income statement and balance sheet is a complete reflection of
the progress of the company. The next reason is that they are also working on
the new technologies in their product. As everyone knows that Apple is famous
due to their reliable and technological products. This company is able to
maintain complete interest in their customers due to their best advance
products. In the coming years, the Apple Company is focusing on more new
technologies that will be extremely beneficial for their customers. Through
these products, they are able to improve their net sale in the upcoming years.
Company biggest risk and opportunity
According to the information of the
company, one of the biggest risk that this company is facing is that the
competition between other different companies like Samsung, Nokia and many
others. These companies also focused on innovative ideas and gave Apple Company
a huge competition in the technological market. The best opportunity for the
Apple Company is that they must have to work on the innovative ideas in their
products. Due to this, they are able to stay in the market for a long period of
time. Overall, this company is one of the best and reliable for the
customers.