Extract Statement Of Financial Position Of Apple Inc

One key element of Apple’s strategy in computers, personal media players, tablet computers, and smart phones is product innovation, diversification and development. Over the years Apple has been very successful in integrating software and hardware in new developing products. Despite the struggling economy in recent years, Apple has been able to grow their market share and stay ahead of the game.

By making their products differentiated from the competition, Apple can establish their own price. Apple believes that people will pay some more money if they know that what they are buying is better and more reliable. That is also the reason why Apple sells the same products all over the world, making no selection or differentiation depending on where the market takes place. The high costs of Apple’s products are the one of the reasons why Apple Inc. preferred to be

Apple Inc. commonly known as Apple has effectively managed to be a successful company in a very competitive consumer electronics industry by been innovative and differentiating the company’s products with similar products in the markets by offering high quality products and good customer service while the actual manufacturing of the products is outsourced to trusted third party suppliers. On a wider perspective, the company has set high standards that even the company itself has to be on its level best to maintain the standards that it has set. Over the last few years, the consumer electronics market has

The significant decline in fixed asset turnover could be attributed to the declining sales figures, but overall further exemplifies the company’s lack of efficiency. Continuing to evaluate the operations of the company, the company is having trouble collecting payments, with an average collection period ranging between 53 and 78 days. Because the company’s sales are 25% installment plans, Haefren Baum seems to be offering extremely loose credit terms, which would explain the increase in average collection period. Days inventory held is also on the increase, which shows that it takes too much time for the company to turn inventory into profit. One hundred thirty days is unacceptable in business. However, it should be noted that for a high quality home furnishing retailer a high inventory days might be quite normal.

This set of data belongs to the online retailer industry. The most significant categories that helped with our decision was the low inventory for a retail business and the relatively high inventory turnover. The reasoning behind the high inventory turnover was because the goods were allowed to sit in storage until sold because of the online aspect of the business. We were also able

Apple came back from near extinction to become one of the most revered technology companies in recent memory. They achieved this status by developing innovative design products and pushing the limits of their marketing prowess. Apple is known for their ability to listen to consumers and revolutionize market segments by providing modern design laden and feature rich alternatives to the target markets. They employ strategies that might contradict normal convention by keeping their prices high to build a brand image of prestige and promote their products through word of mouth. The impact on marketing is hugely noticeable by other companies following suit with store models

Jones over forecasts his inventory and has a low inventory turnover ratio. This drastically increases his accounts payable, as he isn’t able to pay due to low cash inflow. His account’s payable increased by nearly 9 percent in 2006. Nearly half of his current assets are in inventory. Also Jones isn’t able to take advantage of the cash discounts offered by his suppliers due to his slow cash collection process. In order to perform well, the company must improve its inventory system and its cash collection policies.

Refer to the financial reports of Apple, Inc. for the year ended September 25, 2010

A company must pay attention to the number of days of its sales it holds in inventory to determine the amount of time it will take to convert the inventory on hand into sales (Gibson, 2011). As shown in Exhibit 3, 3M increased from 81.74 days of sales in inventory in 2007 to 82.20 days in 2008. At face value, an increase suggests a slight negative trend for 3M as it is holding onto more inventory, taking longer to sell

Apple, Inc. (formerly known as Apple Computer, Inc.) was incorporated in the State of California in 1977. Apple currently designs, manufactures, and markets a variety of computer and personal electronic products, including Macintosh computers, and the iPod digital music player. AppleÕs key markets are consumers, creative professionals, educational institutions, and business users.

It is arguable that without the price-premium, which the Apple brand sustains in many product areas, the company would have exited the personal computer business several years ago. Small market share PC vendors with weaker brand equity have struggled to compete with the supply chain and manufacturing economics of Dell. Apple has made big advances in becoming more efficient, particularly in logistics and operations, but it was difficult to make a profit at the price levels Dell transacts. ("Apple," 2008). From a brand architecture viewpoint, the company maintains a "monolithic" brand identity - everything being associated with the Apple name, even when investing strongly in the Apple iPod and Apple iTunes products. Apple's current line-up of product families includes not just the iPod and iTunes, but iMac, iBook, iLife, iWork, and now iPhone. However, even though marketing investments around iPod are substantial, Apple has not established an "i" brand.

So, the prices of their products are generally higher than its competitors. However, making complex things easy and elegant is the one thing that Apple Inc. does very well. Also, the performance and quality of Apple products have been very consistent over long periods. For instance, Apple Inc. creates products and also launches a search engine against Google to become the world’s number one valuable brands. Apple Inc. has a great profit in last year because of their policies which they changed to increase their brand value. Apple products keep changing and developing hence this keeps the price range on the same levels over the years. So, Apple might producing and selling their older products at cheaper prices.

If less the days which is not high average consider very good because it show the company not takes longer times to sell the inventory. TCMH show that unsatisfactory. In year 2005, TCMH takes 108.43 days to make one round inventory sales. In year 2006, is 127.66 days, year 2007 is 140.63 days, year 2008 is 122.45 times and that in year 2009 which is 102.86 times. If compare to every year, TCMH has try to improvement on the number of days taken to make one round of inventory sales but during the high average, TCMH has unsatisfactory on the sell its

Some of the weaknesses that Apple was able to pinpoint was their high prices and incompatibility with different operating systems. Since Apple already has a great deal of loyal customers Apple could combat this weakness and provide its customers with a reasonably priced compatible product, thus keeping and retaining more Apple Customers.

Apple operates with fierce competition in the consumer electronics segment which comes in many different forms. There are a large number of competitors in the different market niches who offer many similar products. Furthermore, many of these competitors' products are priced much less than an Apple branded products. Just as soon as Apple releases a new product, major companies begin imitating it immediately. In the personal computer industry, market pressure is continuously being exerted from such companies such as IBM, Dell, HP, and Toshiba (Wildstrom, 2009). Furthermore, with its flagship product the IPhone, Apple competes with companies like HTC, Palm, Blackberry, and Motorola (Wortham, 2011). Apple has had significant success despite the competitive environment because Apple commands a brand loyalty and dedication to innovation that few companies have ever achieved.