Got a tricky question? Receive an answer from students like you! Try us!

Apple Performance Evaluation - Essay Example

Free
Author : borerdanial
Download 0

Summary

Apple Performance Evaluation
For the purpose of this assignment, I have chosen Apple Inc, which ranks 17 amongst the Fortune 500 companies. Apple is one of the well recognised IT brands in the world…

Extract of sample
Apple Performance Evaluation

The net profit ratio has reached 26.67% in comparison to 23.95% in 2011 and 21.48 in 2010. Similar is the situation with the gross profit ratio which has increased by 4.49% since 2010. The management has made efforts in controlling the cost as well as the company is able to achieve economies of scale due to higher levels of production. Return on capital employed has also improved by 3.07% and 8.7% as compared to 2011 and 2010 respectively, due to the increase in operating profit. Further, earnings per share have risen in line with the increased net profit. The current EPS is $ 27.68 as compared to $15.41 in 2011 and $9.08 in 2010. Efficiency In all three years Apple has a very high inventory turnover. It reached 111.06 times in 2012 from 83.03 times in 2011 and 62.06 times in 2010. This extraordinary turnover is due to the reason that Apple is holding minimum amount of inventories at year end and there is a much higher cost of sales in comparison. Trade receivable collection days have increased to 25.49 days from 18.1 days in 2011. Currently, the receivable collection period is higher than last year, but still it is better than 2010 in which its collection period reached almost 31 days. The company is trying to attract more customers through extended credit terms. It is good to see that the trade payable payment period has decreased to 82.89 days from 110.91 days in 2010. ...
Download paper

Related Essays

How the introduction of a new technology can assist an organisation in achieving its business objectives (Apple Company)
The organization that will be the centre of the research is Apple Incorporation with focus on their iphone and ipad products. This study is significant in view of the fact that Apple Inc is considered as the leading organization in computing and mobile information innovation (Shi, 2011). Apple Inc is ranked 35 in Fortune 500 of 2011, 21 ranks higher compared with last year (www.fortune.com). The company’s increased in rank is visible manifestation not only of increased revenue, but it is also a show of the company exists expanding market and its capacity in creating new ones. …
34 pages (8534 words)
Management Accounting: Performance Evaluation (Balanced Scorecard)
Moreover, the organization uses performance measurement tools to motivate the employees and identify the best performers within the organization as well. Performance measurement tools are not only restricted to these functions, but these tools can be helpful in analyzing where the organization has incurred high costs and to identify areas where productivity can be enhanced so that the profitability of the organization can be increased. Therefore performance measurement tools are beneficial for the organization in increasing their financial performances as well as their operational performances…
10 pages (2510 words)
The Сompany Apple
This paper studies Apple, the company’s history and changes over a period of time. The story began in the Santa Clara Valley of California, then known for its fruit orchards, world know it as Silicon Valley after Apple. Steven Paul Jobs and Stephen Gary Wozniak (Woz) were introduced by Woz’s neighbor, Bill Fernandez. Bill and Woz worked together for building their first computer from parts discarded by local companies due to cosmetic defaults. They named it after their favorite beverage, “cream soda computer”. Those days computers were discouragingly expensive. Woz was compelled to…
5 pages (1255 words)
Management Accounting and Performance Evaluation
Facts of the Case Following are the facts of the case: Shirley Banks has recently joined PFA Ltd as factory manager with a motive to increase the turnover and market share. The factory runs for 24 hours with three eight-hour shifts. The shifts are rotated in such a manner that no one team has to consistently work at night. Currently the factory has a high number of temporary staff and the production is behind the targets. The shipment of orders is always done late. The workers are highly discontent due to the frequent impractical actions by the management regarding the factory management.…
9 pages (2259 words)
Organisational Planning and Control
In this similar context, planning related to an organisation also helps in exploitation of the accessible resources effectually and capably. It aids an organisation to determine the set of goals assigned. Framing of strategies, policies and statements broadly depends upon the process involved within planning and control measures (Davoudi, 2009). With this concern, this report intends to select, recognise and analyse the customers having transactions with Apple Inc. This report would also entail customers’ ability influencing the company by taking into concern of examining ‘Bargaining Power…
8 pages (2008 words)
Evaluation of Corporate Performance
Its Server and Tools division offers server software, training to developers, cloud-based services. Its Business division offers Microsoft Office and related products. The company markets its products and services across most part of the world. Income Statements (all figures in millions) Year ended June 30, 2011 2012 2013 2014 (projected) Revenue $ 69,943 73,723 77,849 85,634 Cost of Revenue $ 15,577 17,530 20,249 22,274 Gross Profit $ 54,366 56,193 57,600 63,360 Total operating expense $ 27,205 34,430 30,836 33,920 Income before income tax $ 28,071 22,267 27,052 29,940 Provision for income…
Financial Research Report
Also, the company has an enviable customer base that is extremely loyal towards the iOS platform. The company has maintained historical records of maintaining a customer retention percentage of more than 90%. The analysts and the investors are considering Apple as a strong buy based on the Fibonacci model. The Fibonacci retracements state that the stock prices follow a trend of rising strongly, then falling down to a lower price followed by a significant upturn. This justifies the fall of the stock prices in the fourth quarter of 2012 followed by a steep rise in the stock prices starting from…
7 pages (1757 words)