Apple Inc. Ethan Strickland

Introduction

  • 3rd Largest Fortune 500 company
  • Leader in the technology sector
  • $45 billion in Net Income 2016
  • $215 billion in Sales 2016
  • Consistent growth

Financials

Strong historical consistency

  • Consistent COGS - 60% of sales
  • Consistent Operating Expenses - 10% of sales
  • Consistent Net Income - 22% of sales

Liabilities & Equity

  • Taking on more Long-term Debt in recent years
  • Total liabilities increased from 52% (2014) to 60% (2016)
  • Increase in Research & Development
  • Stock buyback

Competitors and Industry Ratios

  • Weak liquidity when compared to industry and competitors (improving)
  • High Inventory Turnover
  • High Times Interest Earned
  • Highest Operating Profit and Net Profit Margins

Brand Image

  • Greatest asset is it's brand
  • Quality
  • Design
  • Reliability
  • Customer Service

Future Growth

  • Record Quarter Sales Q1 2017 - $78.4 billion in sales
  • On track for record year in 2017
  • Stock price hitting records
  • Stockpile of cash expected to be around $250 billion
  • Greater than the market value of both Walmart and Proctor & Gamble
  • Exceeds the foreign currency reserves held by the UK and Canada combined

Speculation and Future Projects

  • New 10th anniversary iPhone design
  • Apple Car
  • Autonomous Vehicle Permit in California
  • Virtual Reality/Augmented Reality Technology

Credits:

Created with images by andruby - "Apple Store 5th Avenue" • FirmBee - "office freelancer computer"

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