Extract Statement Of Financial Position Of Apple Inc

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EBT, INCLUDING UNUSUAL ITEMS 34,205.00 55,763.00 50,155.00 53,483.00
Income Tax Expense 8,283.00 14,030.00 13,118.00 13,973.00
Earnings from Continuing Operations 25,922.00 41,733.00 37,037.00 39,510.00
NET INCOME 25,922.00 41,733.00 37,037.00 39,510.00
NET INCOME TO COMMON INCLUDING EXTRA ITEMS 25,922.00 41,733.00 37,037.00 39,510.00
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS 25,922.00 41,733.00 37,037.00 39,510.00

WEAKNESSES
The industries worst records are the debtors due to the 30.43 outstanding days’ worth of sales. This means that revenues are not being collected effectively and efficiently. (Reserved, 2015)

Figure 2: Extract Statement of Financial Position of Apple Inc.
Year Sep 24, 2011 Sep 29, 2012 Sep 28, 2013 Sep 27,
2014
Currency in millions of US dollars
Accounts receivables 5,369.0 10,930.0 13,102.0 17,460.0
Other receivables 6,348.0 7,762.0 7,539.0 9,759.0
TOTAL RECEIVABLES 11,717.0 18,692.0 20,641.0 27,219.0

The company is inefficient at managing its inventory, with 6.28 days of its Cost of Goods Sold tied up in Inventories. (Reserved, 2015)
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This boosts future markets for new developments. (Mueller, 2010)

Collect of damages from its competitors because some companies violate Apple’s patents. This leads to increased cash reserves and may sometimes damage the competitor’s image.

THREATS
The phablet market.
Samsung note 4 had been the leader in this market and apples delay in entering imposes a huge challenge on the newly introduced iPhone 6 plus.

There is a growing trend of apple users who prefer to download songs for free instead of purchasing them from iTunes.

Competitors.
Competitors such as dell, Toshiba and Sony sell their products at lower prices compared to that of Apple Inc. gaining a higher market base due to the affordability of its

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