Revenues are recognized in a net basis and only commissions they retain from each sale are reflected under the company’s financial statements.
Apple incorporation, previously known as Apple Computer, is a multinational corporation that not only produces personal computers, consumer electronics, computer software, and servers but also a digital distributor of the media content. It has chain of retail stores known as Apple Stores. However, company’s information is summarized below:
The multi billion-dollar corporation, Apple Inc., designs and manufactures some of today’s highest technological gizmos and gadgets. Among their best known products are the Apple and Macintosh computers, iPods, iTunes, iPhones and iPads. Apple is one of the most powerful and influential high tech companies in the world. The success of Apple Inc. stems from the innovation and visions of co-founder and entrepreneur, Steve Jobs, the excellence of the stylish, user-friendly products, and the ability to create innovative products that consumer’s desire.
Based in Cupertino, California, Apple Inc. has become one of the titans of the technological industry in the 39 years since it was created in the spring of 1976. This growing company employees over 115,000 people and has 450 retail stores in 16 different countries. With an annual revenue of $233 billion in 2015 Apple Inc. is the most prosperous technological company in the world. Along with its many retail locations Apple also runs the online Apple Store making it a truly global brand. Over the years Apple has expanded their product line; in its infancy the company specialized in personal computers but more recently the main product line is phones and tablets. Apple’s other significant products include computer software and other consumer electronics (iPod, Apple Watch, and Apple computers).
Apple Incorporated is the leading innovative technology company in the mobile phone community. The business was founded by Steve Jobs and Steve Wozniak, who created a personal computer located in Cupertino, California back in January 3, 1977. The mission statement simply states that Apple is committed to bringing the best technology experience to educators, students, creative professionals and consumers around the world through its innovative software, hardware and Internet services.
Please divide Apple 's history into periods and trace the changes in business models that took place over these periods.
Stock Market Project By: Curtis Rotheiser 6-7 B Ms. Jones 21 November 2014 Table of Contents Apple Company Research ...............................................................................................3 Disney Company Research .............................................................................................6 Google Company Research .............................................................................................8 McDonald’s Company Research .....................................................................................11 Investment Strategy .......................................................................................................... 14 Computer Portfolio ............................................................................................................ 15 Summary ..........................................................................................................................16 Conclusion ........................................................................................................................18 References .......................................................................................................................
In this report I will discuss Private, Public, Voluntary and Charitable business organizations as well as in depth research into the Apple Company and its history. I will be focusing on all areas of the company such as Sales and growth, Aims and Profit and Customer service. Apple is one of the best known public companies in modern day society since turning public in 1980. REF
Over the years, Apple has been able to improve their products and achieve global supply chain, entering the market as a necessary product for consumers, "is not just a computer is a Mac " this kind of good will is what apple has managed to position.
Bharti Airtel started as a very small company with only $900 capital. Who would have imagined it would have become India biggest Telecom Company. Today, Airtel is the largest provider of mobile telephony and second largest provider of fixed telephony in India, and is also a provider of broadband and subscription television services. It offers its telecom services under the "Airtel" brand, and is headed by Sunil Bharti Mittal. It also acts as a carrier for national and international long distance communication services.
It gives me deep pleasure in acknowledging the valuable effort extended to me by various personalities in completion of my project because every project needs inspiration, guidance and help at every step. For this, I would like to thank Dr. Lakhwinder Singh, Head of department, for giving me opportunity to work under Dr. Fulbagh Singh, Department of Commerce, Guru Nanak Dev University, Amritsar. I offer heartfelt gratitude to Dr. Fulbagh Singh for his keen interest, suggestions, extreme support and invaluable guidance during the course of this project.
Steve Jobs and Steve Wozniak founded Apple Computers on April 1, 1976 in an obscure location in California. The two young entrepreneurs built the first Apple out of their garage. The first Apple computers did not include a monitor, keyboard, or casing. Despite the company's humble origins, in 1998 Apple reached a benchmark by introducing the Mac OS X operating system, which was the company's first server software. It is interesting to note that the company started differentiating themselves at this time by adding bright colors to the computers casing; a theme that can definitely be seen in today's Apple products. The company also began marketing to younger target markets by providing deep discounts to schools and universities. This also acted to build the levels of product loyalty that can be seen today in more mature market segments.
Apple Inc. has launched its iPhone in January 2007 (telegraph) as a new product in the market with latest technology and it was the first multi touch smartphone adding the feature of iPod and received an overwhelmed response by selling 270000 units. It had created a new record for a new company like apple, iPhone had laid a stepping stone for the success of Apple and till this time iPhone is the best seller product of Apple Inc. during first quarter of 2016 apple has sold over 74 million iPhones worldwide. (statista, 2016).
Thanks to our internal guide Prof. Parita Giri for a search-light guidance in our project. They helped us quite for project and report both.