A comparison (Appendix B, Tables 5 and 6) of financial performance across fiscal years (FY) 2014 to 2016 offered greater insight into competitors Google and Microsoft. In terms of gross profit, both Google and Microsoft outperformed Apple in achieving near identical performance in retaining 61 cents for every dollar spent on selling inventory in 2016. Interestingly, all three firms achieved near consistent gross profit margins across FYs 2014-2016, although Apple’s gross profit margin was significantly less than Google and Microsoft. Comparable to the gross profit margin performance, Apple outclassed the competition in achieving a higher return on assets and kept 14 cents per dollar in assets from 2014 to 2016. In comparison, Google and Microsoft retained a smaller fraction of 11 and 8 cents per dollar in assets, respectively. In addition, Apple was generated greater profits from equity in 2016 and retained 35 cents in profit for each dollar of common shareholder …show more content…
In these activities, Apple generated a quicker average collection period of 26 days in 2016, whereas Google and Microsoft collected every 57 and 78 days, respectively. Supporting the quicker collection period, Apple outpaced Google and Microsoft by turning over accounts receivable 14 times per year. Surprisingly, Google was very efficient and effective in turning over inventory 131 times in 2016, whereas Apple achieved 61 turnovers and Microsoft reached 14 turnovers. However, Google was last in using fixed assets to generate revenue. In this respect, Apple gained $7.98 dollars for every dollar in fixed assets, and Microsoft was middle of the pack. A comparison of total asset turnovers suggested Apple outperformed Google and Microsoft by generating 67 cents for every dollar in total assets. Analysis of asset utilization ratios indicated Apple’s financial performance outpaced Google and
I chose Apple for my company because as you already know it is one of the biggest most expensive companies out there. But as I have noticed about
Moreover its revenues-per-share have grown at 9.7% a year
During our investigation, we focused on using a number of widely practiced accounting ratios in order to measure Best Buy’s profitability and its overall success as a company. When looking at the company’s current ratio, we calculated a ratio of 1.477, which illustrates that they are fairly stable in maintaining the ability to pay their short-term obligations with short-term assets. This is useful because the faster obligations are paid off, the less interest collected, and the more profit the firm sees. For the
In this document, assessment of the strategies of a SEC listed company “Google Inc.” is conducted. It briefly explains the impact of its mission, vision and stakeholders on the company’s success. Also, it critically reviews the potential strengths, weaknesses, and threats that the company encounters, suggesting different types of strategy that the company can adapt to improve its competitiveness and profitability. It concludes with a communication plan for the strategies and corporate governance mechanism that Google Inc. should adopt to control managerial actions recommended in this document. Company Overview Google Inc. is one of the leading companies that are regularly engaged in the developing, designing and promoting its image as a conventional
has its headquarter in Omaha, Nebraska and personal quite a number businesses like GEICO, Lubrizol, BNSF, Fruit of the Loom, Dairy Queen, and additionally has big preserving of Heinz, Mars, American Express, Coca-Cola, Wells Fargo, and IBM. It was once set up by means of the merging of the Hathaway Manufacturing Company and Berkshire Fine Spinning Associates in 1955, however grew to be widely successful after investment legend Warren Buffett took over it in 1964. Warren Buffett nevertheless serves as the Chairman, President and CEO of the company. 3.Apple Industry:Computers and office equipment 2016 revenue:$215,639 million Apple Inc. is an American-based multinational and one of the Largest tech companies. Apple is the designer, developers and seller of pc software, on-line provider as well as patron electronics.
Introduction Growth and development are what great companies strive for. Is it possible for a tech behemoth like Google to keep improving? They have been at the forefront of the tech industry for their entire existence as a company. However, the great ones don’t look at past successes, they look for ways to improve. I believe that Google with an expansion to Cleveland could drastically improve their company from a financial, operational, and a marketing standpoint.
I have recently been researching the Microsoft company (MSFT) stock closing prices from 1/4/2016 to 1/15/2016 in the Stock Market. Unfortunately, the MSFT stock performed poorly and losing its value almost every day. It hovers in the middle of $50 and $60 but it never drops below $50.99 or rise above $55.05. Being from the MSFT, my stock revolves around the sales of software and electronic products. We use electronics to do a lot of things such as computing math problems, providing entertainment, researching for information, and sometimes help maintain and /or improve our health.
Financial Perspective Productivity Strategy - 2U will be able to leverage many of its current resources for the implementation of the digital corporate education program. This will significantly limit the company’s operating cost which will in turn, generate a larger profit margin for this strategic initiative. Growth Strategy - With the corporate education initiative, selection of companies with a history of success is crucial. It is also important that 2U partner with corporations that are hoping to implement new organizational strategies. By partnering with companies in good financial health, 2U can be confident that its new clients will have the ability to cover the investment needed to implement the education program.
Compare, in the paper, the use of search engines, social media, and blogging to each other. Using examples, show the potential of each approach. Search engine optimization (SEO) and Social media optimization (SMO) are two of the bigger concerns for webmasters and bloggers, as they can both have substantial impacts on the amount of traffic a website or blog receives. SEO: has been a common activity of website owners for years now, it's all about ranking at the top of search engines like Google, Yahoo, Bing and so forth.
In a late report, S&P Capital IQ slapped Tesla (NASDAQ:TSLA) with an "offer" rating and a 12-month target cost of $185 while evaluating per share profit as $1.4 for 2016, $3.6 for 2017 and $5.75 for 2018. They recognize that Tesla ought to be assessed as a development organization, at the same time, they refer to execution hazard and rivalry for "treating our eagerness. " In this article, I utilize two diverse valuation strategies to gauge an objective cost for the end of 2016. The two techniques considered here are the income based valuation and the procuring based valuation. Income based valuation is frequently utilized for youthful and quickly developing organizations with a hot item.
How Sustainable is Apple’s Competitive position Introduction Apple started out simply as a computer company producing Macintosh computers and software, but has since evolved over the years to manufacture other products. It introduced iPods in 2001 for music players, in 2007, it started producing iPhones. Its products are consumer oriented and this has contributed to the success of the company. Apple also views innovation as basis of survival and business development (Yoffie, 2012).
Apple states in their Form K-10 Report (2017, p.1) they are “committed to bringing the best user experience to its customers through innovative hardware, software and services.” In an Industry where profit margins are low, technologies are constantly evolving and competition is high it is essential that Apple continues to offer innovative and simple products that increases customer experience (Heracleous, 2013) so to maintain a competitive advantage. A variety of tools have been used to evaluate Apple’s external and internal environment, including the PESTEL (Appendix 1), Porter’s Five Forces Analysis (Appendix 2), SWOT (Appendix 3). It is envisaged that the information derived from these tools and the associated analysis will support Apple’s CEO to make strategic decisions that addresses the challenges ahead in the short term, ensuring Apple can be competitive in the long term (Rothaermal, 2017).
Apple’s organizational structure Introduction Attention Getter Apple Inc. is an American multinational corporation, which designs, manufactures and sells personal computers, consumer electronics and software, and provides related services. The company has experienced a tremendous growth since it introduced an iPhone smart phone in 2007, it is considered to be the most successful electronics company in the world. [1] Thesis Statement During the last few years, Apple company has achieved great successes in the electronic domain.
Apple Inc. embraces diversification strategy as a means of promoting its viability in the market. Largely, the creation of the three products lines compounds the sources of the company’s income. In fact, the company does not rely on a single source of income because the product design belongs to different categories. This strategy cushions the business from suffering risks of associated with depending on a single business. According Hitt, Ireland, and Hoskisson (2014, p.135), the benefit of handling many products is that when one product fail or does poorly in the market, the business is would shift its attention of the best performing products.
a. What is accounting and how does it help you manage your personal finances? BusinessDictionary.com (2015) defines accounting as “Practice and body of knowledge concerned primarily with methods for recording transactions, keeping financial records, performing internal audits, reporting and analyzing financial information to the management, and advising on taxation matters.” Same as The AccountingCoach.com (2015) that defines accounting as “the recording of financial transactions plus storing, sorting, retrieving, summarizing, and presenting the information in various reports and analyses”. In these definitions, we can easily extract two interesting points that foster management of personal finance: record and keep financial transactions and perform audits, report and analyze financial information. In summary, I would say accounting is simply the practices and techniques of identifying, processing, recording, presenting and analyzing financial information in order to facilitate a smooth management.