Mini Stock Report
Apple Inc
The publicly traded corporation or company chosen for analysis is the Apple Inc. there has been a lot of debate concerning the mission statement of the company. The mission statement of the company is that the companies designs Macs, which are currently the best PCs or personal computers around the world, in addition to the iWork, iLife, OS X, and the professional software. The Company leads the revolution of the digital music with the stream of iPods and the online store, iTunes. The company has strived to reinvent the mobile phones with the App Store and the revolutionary iPhone and is taking measures to define the future of the computing devices and the mobile media through the iPad.
Industry Area
Apple Inc operates the industry of digital distribution through the App Store and iTunes Store, electronics, including the mobile phones, computer software, and computer hardware.
Major Products and Services
The major products or service of the Apple Inc include the Apple II, which was among the company’s initiatory products, the initiatory Macintosh, the 128K that was also among the first of the company’s products, the iMac, the iPod and iPod nano, the iPhone, the iTunes, the iPad, the Apple Stores, and the iOS App Store.
The Head Office of the company is in Apple Campus in Cupertino, California in the United States. Apple Inc is a global company that serves worldwide.
Company’s Revenue and Profit for 2014
As at the period ending September 27, 2014, the Company’s Statement of Comprehensive Income shows that its total revenue was US $182,795,000,000 with a gross profit of US $70,537,000,000.
Summary of Company Press Release
On July 15, 2015, Apple Inc released info concerning the introduction of the best iPod touch. According to the release, the company had introduced the iPod that featured new colors, Apple music, 8 MP iSight Camera, and A8 Chip. The stretch of colors would suit all the models of the iPod, including blue, pink, gold, space grey, and silver. The press info, released by Lisa Israel and Christine Monaghan, both of the Company, added that the iPod touch would give the customers access to iOS, Apple Music, and the Apple Store. One of the most significant features of the iPod is the A8 chip that would allow the users to play multiple immersive games at a time while saving the battery life of the gadget. The pricing and the availability of the device was also among the contents of the release. The iPod touch would retail at US $ 199, US $ 249, and US $ 299 for the 16GB, 32GB, and 64GB models respectively (Israel, Lisa, and Christine Monaghan). The device would available on the retail stores of the company, some of the Authorized Resellers, and the Online Store.
Link for the Press info: https://www.apple.com/pr/library/2015/07/15Apple-Introduces-The-Best-iPod-touch-Yet.html
Summary of Third Party News Article on the Company
On September 3, 2014, Gulveen Aulakh wrote a news article through The Economic Times concerning the sale of iPhones in India. According to the article, Apple Inc sells more than one million of the iPhone products annually in India. In the article, Aulakh adds that the sale has been recorded over the company’s fiscal year that had started in October. This massive sale is a milestone for the company, especially because it had not penetrated or developed in the Southern Asia market (Aulakh, Gulveen). According to this news article, the company’s strong brand as well as the compatibility of backward software had allowed the company to sell the older models such as the iPhone 4S and 4.
Link for the news article: http://articles.economictimes.indiatimes.com/2014-09-03/news/53522559_1_iphone-5s-spokesman-alan-hely-counterpoint-research
Reasons for Choosing the Company
First, Apple Inc is among the top companies with recent rankings on the Fortune 500 placing it at position 5. The company, since 2006, has moved from position 159 to its current position making it one of the most successful and growing companies in the world today. Moreover, in the final quarter of its fiscal year ended in 2014, the company earned US $18 billion, which has been among the most profitable quarters in the corporate history. For this reason, conducting an evaluation on the company would be elemental understand some of the activities or operations and strategies employed by the company to maintain its position in the global market.
Insights and Opinions on the Company
Company’s Operations: Business Strategy and Organization
Apple Inc is committed to offering best user experiences to its customers using the innovative services, software, and hardware. The business strategy of the company leverage the unique capacity of the company to design as well as develop its operating systems, services, and application software to provide the customers solutions and new products with innovative designs and seamless integration. Apple Inc manages the business of the company based on geographic. That is, the company determines its operating segments that are based on the location, and the nature of the customers (Apple Inc. For the Fiscal Year Ended September 28, 2013, Form 10k).
Risk Factors
The regional and the global economic conditions could affect the operations of the company. The performance and the operations of the company are dependent significantly on these economic conditions. As such, the uncertainties concerning the regional and global economic conditions pose a risk because the businesses and consumers, who are among the stakeholders of the company, postpone their spending with reference to the higher unemployment, tighter credits, volatility of the financial markets, negative news concerning financial stabilities, and programs of government austerity among others. The services and the products of the company compete in the highly competitive markets, especially global markets that are characterized by elements of aggressive measures of price-cutting, which result in downward pressure on the gross margins, short life cycles of products, and rapid adoption of the product and technological advancements by the competitors.
Social Responsibility
The social responsibility of the company is based on the environmental campaigns. One of the aspects of the campaign is the conservation of energy with its OS X developed for the maximization of energy saving. Moreover, the iMac that consumes 97% less of electricity in sleep mode has seen a drop in the power consumed by the Apple products in the past six years by 57%.
Conclusion
In conclusion, this assignment has enabled me to understand and learn few aspects about business organizations. first, companies face challenges, and in the case of the Apple Inc, risks such as the variations in the regional and global economic conditions is a factor. Moreover, branding is an elemental component of a business organization in terms of its products and operations in marketing.
Works Cited
Apple Inc. For the Fiscal Year Ended September 28, 2013. "Form 10-K." U.S. Securities and Exchange Commission | Homepage. N.p., n.d. Web. 21 July 2015. <http://www.sec.gov/Archives/edgar/data/320193/000119312513416534/d590790d10k.htm#toc590790_5>.
Aulakh, Gulveen. "Apple sells over a million iPhones in a year in India." The Economic Times 3 Sept. 2014: n. pag. Web. <http://articles.economictimes.indiatimes.com/2014-09-03/news/53522559_1_iphone-5s-spokesman-alan-hely-counterpoint-research>.
Israel, Lisa, and Christine Monaghan. "Apple Introduces The Best iPod touch Yet." 15 July 2015: Web. <https://www.apple.com/pr/library/2015/07/15Apple-Introduces-The-Best-iPod-touch-Yet.html>.
