Dream Company

2465 WordsJun 9, 201310 Pages
Contents Introduction 1 Innovative Products 2 Industry Leaders 2 Perks 2 Introduction Technology has taken an uprising since the late 20th century to our world today. Everyone essentially owns some sort of technological device from cellphones to computers. Companies like Microsoft, Xerox and Canon have made our lives simpler and possibly much easier, but there was another company waiting to override the norm and push an industry giant to its limits. Apple Incorporated followed an unconventional path to its recent success in the computer industry, despite being consistently dominated by Microsoft. Apple Inc. is a multinational corporation headquartered in Cupertino, California that designs, develops, and sells consumer…show more content…
The company has seen an increase in demand of products and service. Based on the company historical and projected future earnings and cash flow growth rates, any person who is looking for a smart short to medium term investment, Apple stock would be the right decision. Its steady growth in earnings and dividends can be viewed as acquiring moderate to risky equity. On December 29, 1994, Apple inventory increased to $1 billion. That was the inventory turnover for Apple. Their total revenue rose from $9.8 billion in 1996 to above 19.3 billion in 2006, which is a substantial increase of 96.43% (Shlinds, 2007.) On July 19, 2011 Apple, announced financial results for its fiscal 2011 third quarter ended June 25, 2011. The company earned quarterly revenue of $28.57 billion and earned a quarterly net profit of $7.31 billion. Those billions of dollars in sales had much to do with the sales of the Macs, iPhone, and iPad. The company sold 3.95 million Macs during the quarter, a 14% unit increase over the year-ago quarter. Apple sold 20.34 million iPhones in the quarter, representing 142% unit growth over the year-ago quarter. They sold 9.25 million iPads during the quarter, a 183% unit increase over the year-ago quarter. Apple sold 7.54 million iPod, a 20% unit decline for the year-ago quarter (www.apple.com.) Macs, iPhone, and iPad sold in numbers greater than the company expect,
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